If
you're receiving a tax refund this year, the IRS reminds you that you can use
it to buy U.S.
savings bonds directly from the IRS. Here are the details.
*
You may purchase up to $5,000 in U.S. Series I savings bonds.
*
The total amount of bonds you purchase must be a multiple of $50. Any refund
over the specified bond purchase amount can be deposited in your bank savings
account, or you can request a check by mail.
*
Bonds will be issued in your name. If you're married and file a joint return,
the bonds will be issued in the names of both spouses.
*
The bonds will be sent to you by mail.
*
You select this option when filing your 2013 return by using Form 8888,
"Direct Deposit of Refund to More Than One Account."
*
Form 8888 gives instructions on selecting this option and specifying the amount
of refund you want to use to buy savings bonds.
For
additional information about Series I savings bonds, go to
www.treasurydirect.gov.
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