Birdwatch Note Rating
2023-05-06 03:51:35 UTC - HELPFUL
Rated by Participant: 6A4D50B2F95A303D5B9659262CA8C38F7DDD5227BD707C7AB49112124B657A87
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