Birdwatch Note Rating
2023-05-06 01:57:31 UTC - HELPFUL
Rated by Participant: 95CDC60B8A5E59A70525BBF7E50F70A4C50B5B290E287644B316E97A004E90C2
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