Birdwatch Note Rating
2023-05-05 20:48:08 UTC - HELPFUL
Rated by Participant: 4DF1CDFBEA3F6DE525FEEC58EEAF593D6DE2475010A316ED6876FA4CA230339A
Participant Details
Original Note:
The IRS makes it clear that reporting and paying gift taxes are the responsibility of the donor (person making the gift), not the recipient of the gift. As the recipient, there was nothing for Justice Thomas to declare on his taxes. https://www.irs.gov/pub/irs-news/at-01-31.pdf https://www.irs.gov/faqs/interest-dividends-other-types-of-income/gifts-inheritances/gifts-inheritances-1 https://www.irs.gov/instructions/i709
All Note Details