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IRS Addresses Overpayment Interest Limits on Savings Bond Purchases

AUG. 6, 2021

ECC 202139008

DATED AUG. 6, 2021
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Citations: ECC 202139008

UILC:103.00-00
Release Date: 10/1/2021

ID:CCA_2021080609590950

From: * * *
Sent: Friday, August 6, 2021 9:59:09 AM
To: * * *
Cc:
Bcc:
Subject: RE: Form 8888 & Interest on Purchase of U.S. Series I Savings Bonds

[* * * and I are in agreement that in the bond context, when these provisions [6611(b)(3), (e)(1), (e)(3), and (g)] are applicable, they would prohibit or limit payment of interest as described in the statute * * *]

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