In the same year, can I purchase 10k as the primary owner and then also be listed as the secondary owner for 10k purchased by someone else?
Apologies, I'm sure this question has been asked a lot.
I bond registration - 10k primary, 10k secondary?
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Re: I bond registration - 10k primary, 10k secondary?
Yes. Not in the same accountglantzinggirl wrote: ↑Fri May 13, 2022 10:35 pm In the same year, can I purchase 10k as the primary owner and then also be listed as the secondary owner for 10k purchased by someone else?
Apologies, I'm sure this question has been asked a lot.
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Re: I bond registration - 10k primary, 10k secondary?
Harry Sit's articles with step-by-step instructions about I-Bonds are great!glantzinggirl wrote: ↑Fri May 13, 2022 10:35 pm In the same year, can I purchase 10k as the primary owner and then also be listed as the secondary owner for 10k purchased by someone else?
Apologies, I'm sure this question has been asked a lot.
re: secondary owners: https://thefinancebuff.com/i-bonds-bene ... irect.html
A great summary: https://thefinancebuff.com/how-to-buy-i-bonds.html
All of his I-bond articles: https://thefinancebuff.com/tag/i-bonds
>>A married couple each with a trust and a self-employment business can buy up to $65,000 each calendar year, and more if they file separate tax returns, buy in their kids’ names, or buy as gifts for family members.
$10,000 in Person A’s personal account with Person B as the second owner
$10,000 in Person B’s personal account with Person A as the second owner
$10,000 in an account for Person A’s trust
$10,000 in an account for Person B’s trust
$10,000 in an account for Person A’s business
$10,000 in an account for Person B’s business
$5,000 using money from their tax refund if they file jointly (or $5,000 each if they file separately after making sure they won’t lose other tax benefits)
$10,000 in the name of each of their kids under 18
$10,000 as a gift for each member of the extended family>>
excerpted from this link: https://thefinancebuff.com/how-to-buy-i-bonds.html