Birdwatch Note Rating
2023-05-05 20:49:17 UTC - HELPFUL
Rated by Participant: 77FB4BBE1A619AC7C187B60AF049A7EFAC577C0A9699324A0154E44C76227ABB
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