Birdwatch Note Rating
2023-05-05 20:52:55 UTC - HELPFUL
Rated by Participant: 9477632594CCC928F37192A1395FE86047CEEE2D1E5DF15A9B37643E3B0A74C5
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