Birdwatch Note Rating
2023-05-05 20:49:17 UTC - HELPFUL
Rated by Participant: 8D03E3F38D3019E409548BB0D7C31C418015379C6D77EF2FA445BF936897FFBC
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