Legal Opinion
Green v. Commissioner
Court of Appeals for the Tenth Circuit
Decided January 14, 1943No. 2602PublishedCited by 4 opinions
1Opinion of the Court
HUXMAN, Circuit Judge.
The question presented by this appeal is in what year bonds of the taxpayer became worthless and subject to deduction for income tax purposes as a bad debt, under Section 23(k) (1) of the Revenue Act of 1938, 26 U.S.C.A. Int.Rev.Code § 23(k) (1). The taxpayer determined that the *77bonds became worthless in 1938 and claimed a deduction therefor on his 1938 income tax return. The Commissioner disallowed the deduction and assessed a deficiency in tax. The Board of Tax Appeals sustained the Commissioner, and the taxpayer seeks a review.
The facts are not in dispute and may be…
2Cases cited8 opinions
- Helvering v. F. & R. Lazarus & Co.Supreme Court of the United States · 1939
- Avery v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1927
- Wilmington Trust Co. v. HelveringSupreme Court of the United States · 1942
- Jones v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1939
- Sabath v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1938
3 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Denver & Rio Grande Western Railroad Company v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1960
- Maytag v. CommissionerUnited States Tax Court · 1959
- Harral v. United StatesDistrict Court, W.D. Texas · 1949
- Maytag v. CommissionerUnited States Tax Court · 1959