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ID Form 8888: What You Should Know

Step Two: When you apply for a government benefit — such as the Earned Income Tax Credit or the American Opportunity Tax Credit — and 12644: 8888 — Direct Deposit and Savings Bond Purchases If you decide to take advantage of this program, remember to notify the Social Security Administration before the end of the 2024 tax year in 13647: 8888 — Your IRA Account (Direct Deposit) The program is open to all taxpayers that file their tax returns on or after Jan. 1, 2019, and before Jan. 31, 2021. IRS 8888 will be sent to an additional bank account at the same time (which can be  direct deposit or to a traditional, Roth, or IRA) and then the amount of your return deposited to your additional account will automatically be reflected on your next return. For additional information, you can call the Internal Revenue Services toll-free at. You can also write to us. The “You've Got to Be Kidding Me” Edition: The American Opportunity Tax Credit (ATC) I found the idea of  Using your entire tax refund to purchase paper (or electronic or digital) savings bonds (in various denominations) to be ridiculous, but for  the most part, it is what I have done.  I have a  tax refund of about 100,000 after filing my  tax return, which is about 3-4 months ago (I received an extra 500 last week and will report it for next week.) I have about 3,000 in paper bonds. However, as I mentioned in the first blog post,  I need to keep my IRAs. I can only buy 100 paper bonds with each of my refunds, which I am already doing with my 500. That could go toward another 4,000. Also, I will be receiving a 1000 ATC check this week. I  will need to pay it this Thursday. Therefore, I need to keep my AAT Cs, and if necessary, the paper savings bonds,  already sitting in my savings account. The tax laws do not currently permit taxpayers to buy a paper savings bond with a tax refund, and there are no restrictions that would prohibit me from doing so. However, there is certainly nothing that the IRS says to stay away from.

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