You can get savings bonds as tax refunds by using any IRS tax return form, including streamlined tax refund methods. That was during an era when interest rates were much higher. Have a question? But if you’re looking to use your tax refund to purchase bonds, the U.S. Treasury Department will grant you a paper bond. The current 2.2 percent rate on Series I savings bonds may be tempting, but buying the bonds has become more complicated. For paper Series I Savings Bonds purchased through IRS tax refunds the purchase limit is $5,000, which is in addition to the online purchase … EE bonds bought from May 1997 through April 2005 earn a rate of interest that changes every six months (a variable rate). Your bonds earn interest monthly and this is then compounded semiannually up to 30 years. Buying Savings Bonds with Your IRS Tax Refund. Can a foreigner buy US treasury bonds or bills? See: Comparing I Bonds to EE Bonds. Include your account number and daytime phone number, but no personal information. Nowadays, savings bonds operate in much the same way. {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/e\/ea\/Buy-US-Savings-Bonds-Step-1.jpg\/v4-460px-Buy-US-Savings-Bonds-Step-1.jpg","bigUrl":"\/images\/thumb\/e\/ea\/Buy-US-Savings-Bonds-Step-1.jpg\/aid1537272-v4-728px-Buy-US-Savings-Bonds-Step-1.jpg","smallWidth":460,"smallHeight":345,"bigWidth":728,"bigHeight":546,"licensing":"
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