Birdwatch Note Rating
2023-05-06 03:30:58 UTC - HELPFUL
Rated by Participant: D69C49B7AB0B4BDEDF3D65CDD751B6218D41EA6BDEF51AE45479F3283F1302F3
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