Birdwatch Note Rating
2023-05-06 02:21:07 UTC - HELPFUL
Rated by Participant: D6E02FC90F5D3E0307F50EEFBA8E522C5B7075FEC7BC45FF8D869F74D988740F
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