Steadman v. Comm'r’s Empirical Analysis
1968
Citation profile
2 federal appellate ·
How this case has been cited
Cited by 59 later decisions — most recently December 2019 · most notably Dustin v. Commissioner (1969), Cozzi v. Commissioner (1987)
2 federal appellate ·
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Corn Products Refining Company v. Commissioner of Internal Revenue · United States v. S S White Dental Mfg Co of Pennsylvania · Morton v. Commissioner · Morton v. Commissioner of Internal Revenue · Commissioner of Internal Revenue v. The Bagley & Sewall Co.
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 59 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“(g) WoRthless Securities.— (1) General rule. — If any security which is a capital asset becomes worthless during the taxable year, the loss resulting therefrom shall, for purposes of this subtitle, be treated as a loss from the sale or exchange, on the last day of the taxable year, of a capital asset.”
1 later decision quote this exact passage“In either case, the security must be shown to have become 'wholly worthless' during the taxable year.”
1 later decision quote this exact passage“any loss sustained during the taxable year and not compensated for by insurance or otherwise.”
1 later decision quote this exact passage
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.