Turbotax problem tonite: no option to buy an I bond with tax refund

lucky penny

Full time employment: Posting here.
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Jan 23, 2010
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Has anyone else had a problem this year with buying an I bond with a tax refund on Turbotax? I've done this every year for a while, but don't see that option now. The only specified options are direct deposit, a paper check, or splitting the deposit among up to 3 banks. I called twice this evening & was on the phone forever with 2 people who shared my screen & neither could find that option or figure out how to do this. It used to be very simple! Very frustrating.
 
Thanks very much. I wasn't aware of this change & neither (apparently) is Turbotax support. Wish I'd known this before withholding the extra $5K & before spending hours on the phone with TT.
 
What the Treasury Department should do is increase the current $10,000 Ibond limit by the inflation rate. Others have done the calculation and claim the inflation adjusted yearly limit is near $25,000 a year.
 
What the Treasury Department should do is increase the current $10,000 Ibond limit by the inflation rate. Others have done the calculation and claim the inflation adjusted yearly limit is near $25,000 a year.
About $20K, and yes, I agree that they should increase it.
 
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