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Purchasing I-Bonds with Tax Refund: Convert Paper to Electronic . . . Right?

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  • Purchasing I-Bonds with Tax Refund: Convert Paper to Electronic . . . Right?

    I paid our final estimated tax payment for 2022 today. Because our income was down in 2022 and we have been making payments based on 2021 taxes, I could have reduced the amount we paid.
    But I went ahead and paid the full amount so that we'll have the option of purchasing I-Bonds with our refund. I know refund I-Bonds come in paper form, and I know that we can convert them to electronic. That's what I plan to do, convert to electronic. It seems like the logical choice. Is there anything I'm missing? Is there any reason to keep the I-Bonds in paper form?
    Last edited by scfr; 01-15-2023, 03:53 PM.

  • #2
    I keep our bonds in paper form because the Treasury website has been nothing but trouble. I'm unable to get into my account online and don't have the patience to sit on hold for hours to try and get it straightened out.
    Steve

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    • #3
      I've had no major issues with the TD website so far, since they launched the service - knock wood.

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      • #4
        no idea but i need to buy more i bonds again
        LivingAlmostLarge Blog

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