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September 23, 2022
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Can a Trust, which files a form 1041, use Form 8888 to request that part of the Trust's refund be used to purchase I-Bonds like an individual can?

  • September 23, 2022
  • 1 reply
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Best answer by Anonymous_

Most likely not since trusts filing on Form 1041 are typically required to have an EIN.

 

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1 reply

Employee
September 23, 2022

Most likely not since trusts filing on Form 1041 are typically required to have an EIN.

 

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September 23, 2022

not through form 8888

 

but you can directly

start

https://www.treasurydirect.gov/RS/UN-AccountCreate.do  click apply now

next page yo

you'll see individual checked but below that  there is a section for Trust o Estate

Mike7388Author
September 23, 2022

Thanks. I know I can purchase I Bonds directly thru Treasury Direct (limit $10,000 annually), but was wondering about using a refund as you can on a Form 1040 to acquire up to an additional $5,000.