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Level 2
February 25, 2023
Question

Form 8888

  • February 25, 2023
  • 1 reply
  • 9 views

I'm filling out form 8888, buying $5000 of I bonds with my refund. Lines 4 and 5a seem to ask the same question. Can anyone help? I am filing single. Bonds are for just me.

    1 reply

    Level 15
    February 25, 2023

    Line 4 and Line 5a if Form 8888 are very similar. There is one word that is different. 

     

    Line 4 is about all of the bonds that you will be buying for you and your spouse, while line 5a is for you, your spouse, or someone else. Line 4 is the total of the bond purchase and Line 5a and Line 6a shows the individuals who are making bond purchases.

     

    The wording on the form is a unclear.

     

     

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    fanfare
    Level 15
    February 25, 2023

    Line 5 requires a name (or names)

    Line 4 does not.

     

    @user17677337129