Register paper bonds in your name or someone else when you purchase savings bonds with your tax refund, you will receive paper bonds, issued in your name or the names you designate as primary owner, co-owner or beneficiary. Paper bonds: you can request bonds in the names of others and then, once the bonds are mailed to you, give the bonds as gifts how much in i bonds can i buy as gifts the purchase amount of a gift bond counts toward the annual limit of the recipient, not the giver.
You can use treasurydirect to buy bills, notes, bonds, treasury inflation-protected securities (tips), and savings bonds price your savings bonds convert paper bonds to electronic ones and arrange for purchases through payroll deductions.
Effective: 1/1/2012 you can no longer purchase paper ee savings bonds or i savings bonds at a local bank, financial institution or credit union as of 1/1/2012, the treasury department started issuing electronic savings bonds only. Recently, the treasury has announced that they will cease selling paper savings bonds in january 2012 after that all bonds will be electronic financial blog the finance buff has discovered a loophole where you can still buy paper savings bonds with your irs tax refund by filing form 8888 with your return.
Using your irs tax refund, you can buy paper series i savings bonds for yourself or others to buy for someone else, ask for the bond to be issued in the name of the other person see using your income tax refund to save by buying series i ussavings bonds. The new rules for buying and giving us savings bonds so you can tell the treasury department that you want to use all or part of your tax refund to buy paper i bonds (you don’t need a. Since the treasury department stopped issuing new paper savings bonds as of 1/1/2012, you have to buy electronic savings bonds through the treasurydirect instead (click here to learn more) see the current savings bond rates for bonds available for purchase.
Expert reviewed how to buy us savings bonds three methods: determining the type of bonds to buy buying us savings bonds online using your tax refund for paper bonds community q&a us savings bonds from the department of the treasury are a low-risk investment you can purchase for yourself or as a gift. So if you want a paper bond, for you or as a gift for your kids or grandkids — yes, you can do that, too, with your tax refund just add the recipient’s name as a “co-owner or beneficiary” on form 8888 — think about buying some savings bonds with your refund this filing season. To buy an electronic savings bond as a gift: you must have a treasurydirect account the recipient must have a treasurydirect account you must know the recipient’s: full name social security number or taxpayer identification number treasurydirect account number you can give gift bonds to adults or children.
Electronic bonds: you can buy them as gifts for any treasurydirect account holder, including children paper bonds: you can request bonds in the names of others and then, once the bonds are mailed to you, give the bonds as gifts. Starting next year, you'll no longer be able to buy paper us treasury savings bonds fortunately for those who like to purchase paper bonds, there is a loophole you can use your irs tax refund to purchase paper bonds. As of jan 1, you can no longer purchase us savings bonds at your local bank or credit union not only that, you can’t buy paper versions of the bonds — with one exception.