Ina Belle Thompson and B. D. White, Administrators of the Estate of I. W. Thompson v. United States

INGRAHAM, Circuit Judge.

In this income tax refund suit, the estates of I. W. Thompson and Charlie Thompson, his wife, sought refund of federal income taxes for the years 1957 and 1958 in the amount of $47,967. In defending, the United States asserted a counterclaim for federal income taxes for the same years in the amount of $43,544.62 against the “Select Minority Trust”, established by and having as its sole trustee, I. W. Thompson.

The district court, sitting without a jury, entered judgment for the estates on the refund suit and in favor of the “Select Minority Trust” on the government’s…