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You can now
tell the IRS you want to use part (or all) of your tax refund to
purchase paper Series I - U.S. Savings Bonds for yourself, spouse, or
someone else. Purchase amounts must be in $50 multiples and any
remaining refund will be delivered to you by direct deposit or check.
An additional form is attached to your tax return if you are using only
a portion of your tax refund to purchase paper Series I bonds. You will use
Routing Number: 043736881 and for Account Number: (enter the word
"BONDS"). If your refund amount happens to be an EXACT multiple of $50
(for example: $50, $100, $150, etc.), and you want to use ALL of it to
purchase paper Series I Bonds, you won't even need to complete an
additional form. Instead, just enter the routing number and account
number shown above on your tax return. |