You will receive a refund of $1,290. $290 of your refund will be directly deposited into your checking account. $1,000 of your refund will be used to purchase Series I Savings Bonds.
My questions are:
- - Where do the bonds go? This link https://www.irs.gov/refunds/using-your- ... ings-bonds says the the bonds will be mailed.
- What is the advantage and disadvantage to purchase through refund? Cannot they just buy the bonds from their broker and they show up on their account electronically?