Legal Opinion
Mahler v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided May 19, 1941No. 159PublishedCited by 44 opinions
1Opinion of the Court
SWAN, Circuit Judge.
This proceeding involves deficiencies in income taxes of the petitioners for the years 1934 and 1935, for each of which they filed a joint return. The principal question is whether they are entitled to deduct .as a loss sustained during either of those years the cost of certain shares of preferred and common stock of Middle West Utilities Company previously purchased by them. . Benjamin Mahler owned 1,300 shares of common stock having a cost balsis of $24,144.32, and his wife owned 65 shares of preferred with a cost basis of $6,500. They claim that the stock became…
2Cases cited20 opinions
- United States v. S. S. White Dental Manufacturing Co.Supreme Court of the United States · 1927
- Burnet v. HoustonSupreme Court of the United States · 1931
- Helvering v. RankinSupreme Court of the United States · 1935
- Reinecke v. SpaldingSupreme Court of the United States · 1930
- Morton v. CommissionerUnited States Board of Tax Appeals · 1938
15 more not listed; retrieve them via the Exa API.
3Cited by44 opinions
- Miles-Conley Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1949
- Joyce v. GentschCourt of Appeals for the Sixth Circuit · 1944
- Steadman v. Comm'rUnited States Tax Court · 1968
- Miller Mfg. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1945
- Estate of J. E. O'connell, James O'COnnell v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1981
39 more not listed; retrieve them via the Exa API.