Birdwatch Note Rating
2023-05-06 17:39:02 UTC - HELPFUL
Rated by Participant: 4E7D7AB310457E3881C97996BC7ECF5FC904C872CDDE3D72AF57AF80FA30E2D8
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