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Purchasing I Bonds on Form 8888 with balance of overpayment being applied to 2022 estimated taxes
I have prepared our 2021 tax return requesting a $5,000 I Bond purchase on Form 8888 and have applied the balance of the overpayment to our 2022 estimated taxes. Before I can E-file our return, TurboTax asks "How do you want your $5000 federal refund?" and gives options for direct deposit or sending me a check. In our case we don't want any amount returned via direct deposit or by check, since we want to use the full $5,000 to purchase I Bonds. Unfortunately TurboTax will not let me continue without selecting one of these options. Any suggestions?
‎June 4, 2022
8:55 AM