BOONE v. UNITED STATES

Civ. No. 4629.

374 F.Supp. 115 (1973)

Ralph BOONE and Robert Boone, as Administrators C. T. A. of the Estate of Raymond Boone, Deceased, Plaintiffs, v. UNITED STATES of America, Defendant.

United States District Court, D. North Dakota, Northeastern Division.

December 27, 1973.


Attorney(s) appearing for the Case

Garry A. Pearson, Grand Forks, N. D., for plaintiffs.

Harold O. Bullis, U. S. Atty., Fargo, N. D., for defendant.


MEMORANDUM OF DECISION

BENSON, Chief Judge.

Plaintiffs, as Administrators C.T.A. of the Estate of Raymond Boone, deceased, have sued to recover $13,219.91 in federal income taxes paid by Raymond Boone (Decedent), for the years 1964 and 1965. The dispute arose over the method Decedent used in reporting a 1965 purchase of a seed potato futures contract, and Decedent's deductions, as expenses, of intangible drilling and development costs incurred in connection...

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