IBond purchase limit of $5000 with Federal tax return refund

Am I allowed to purchase $5,000 in IBonds with my fed tax refund for both my spouse and I on a single joint tax return (total $10,000 purchase)?

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1 Best answer

Level 15

Jun 29, 2021 7:43:15 AM

The purchase limit for IBond is a total of $5,000 from the federal tax refund.

Level 15

Jun 29, 2021 7:43:15 AM

The purchase limit for IBond is a total of $5,000 from the federal tax refund.

Level 1

Jun 29, 2021 10:41:05 AM

Thanks DoninGA...exactly what I needed to know 👍