Investors & landlords

@cleolion1 

"The IRS notes that starting Jan. 1, 2025, people will no longer be able to buy paper Series I savings bonds with their tax refund. Instead, Series I bonds are available in electronic format at TreasuryDirect."

 

"Can I buy savings bonds with my refund?

If you plan to use all or part of your refund to buy savings bonds, you can buy paper I-bonds with your IRS tax refund until Jan. 1, 2025. After that date, the IRS will no longer provide this refund option (emphasis added), but you can buy electronic I-bonds through the U.S. Treasury’s website, TreasuryDirect."

Source:  IRS refund FAQ

 

"Why can’t I use my tax refund to buy paper series I bonds anymore?

This option was costly and not frequently used. The mailing of physical savings bonds was also subject to fraud, theft, loss, and delays. Buying savings bonds online is simple, safe, and affordable."
Source:  TreasuryDirect FAQ

https://treasurydirect.gov/research-center/faq-irs-tax-feature/