26 U.S.C. § 1251
Section 1251 · Repealed. Pub. L. 98369, div. A, title IV, 492(a), July 18, 1984, 98 Stat. 853]
Applied in 6 court decisions — leading case Larkin v. United States (1935)
Most recently applied in 106 Ill. App. 3d 817 - Reineman v. Department of Revenue (May 1982)
How often courts cite this section
Court decisions citing this, by year.Markers show enactment, consequential amendments, and circuit splits over this section — watch for a citation surge after a change or a disagreement. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Section, added Pub. L. 91–172, title II, § 211(a), Dec. 30, 1969, 83 Stat. 566; amended Pub. L. 92–178, title III, § 305(a), Dec. 10, 1971, 85 Stat. 524; Pub. L. 94–455, title II, § 206(a), (b)(1), (2), title XIV, 1402(b)(1)(Z), (2), title XIX, 1901(b)(3)(K), 1906 (b)(13)(A), Oct. 4, 1976, 90 Stat. 1535, 1732, 1793, 1834; Pub. L. 97–354, § 5(a)(36), Oct. 19, 1982, 96 Stat. 1695; Pub. L. 98–369, div. A, title X, 1001(b)(23), (e), July 18, 1984, 98 Stat. 1012, related to gain from disposition of property used in farming where farm losses offset nonfarm income.