# Ryder v. Commissioner

> United States Board of Tax Appeals · October 28, 1925 · 2 B.T.A. 1060

URL: https://www.frixlaw.com/law-library/cases/4490474

## Case

- **Full name:** APPEAL OF GEORGE C. RYDER.
- **Court:** United States Board of Tax Appeals
- **Decided:** October 28, 1925
- **Citations:** 2 B.T.A. 1060; 1925 BTA LEXIS 2171
- **Precedential status:** Published
- **Opinion:** Opinion of the court by Ivins
- **Judges:** Marquette, Ivins, Morris
- **Cited by:** 0 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/4490474

## Opinion text

*1061 OPINION.
Ivins:
The taxpayer kept his accounts and filed his return on a cash basis. The liquidating dividend on the 115 shares was not received by the taxpayer until 1922. The sale of the wool by the corporation in 1921 did not constitute a receipt by the stockholder. It was but a necessary step preliminary to a later liquidation distribution.
The taxpayer knew nothing of the sale of the wool until he received the check in January, 1922, and he thereafter forwarded his stock certificate for the 115 shares to the corporation. No loss should be deducted against 1921 income for that transaction.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4490474. Public record. Not legal advice.