Birdwatch Note Rating
2023-05-06 03:38:40 UTC - HELPFUL
Rated by Participant: 9D56BA19F6695515CE964CE54C6E8AA89AAD1D40436905FB6EDE267A325F8870
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