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Title: Economic Stimulus?


Stringaling - May 2, 2008 04:30 PM (GMT)
From the IRS website:

QUOTE
Economic stimulus payments will be issued according to the last two-digits of the main filer's Social Security number. For joint filers, the payments will go out based on the person listed first on the return. Payments will be made by either direct deposit or paper check, consistent with how people filed their 2007 tax return.

People who use direct deposit also will be among the first to receive the payments starting April 28. Direct deposits will be made daily and completed by the date listed below:

DIRECT DEPOSIT

Last two SSN digits:  Payments will be transmitted no later than:
00 through 20  May 2
21 through 75  May 9
76 through 99  May 16




Paper checks will also go out based on Social Security number. For Social Security numbers ending in 00 through 09, the paper checks will be mailed starting May 9 and will continue through May 16. A similar process will be repeated in the following weeks.
PAPER CHECK

Last two SSN digits:  Payments will be mailed no later than:
00 through 09  May 16
10 through 18  May 23
19 through 25
  May 30
26 through 38  June 6
39 through 51  June 13
52 through 63  June 20
64 through 75  June 27
76 through 87  July 4
88 through 99  July 11
 

People who file a return after April 15 will receive their economic stimulus payment, but probably about two weeks later than the schedule shows. A return must be filed by October 15 in order to receive a stimulus payment this year. See the online calculator for an estimate of the amount you will receive.

A small percentage of tax returns will require additional time to process and to compute a stimulus payment amount. For these returns, stimulus payments may not be issued in accordance with the schedule above, even if the tax return was processed by April 15.

Stringaling - May 2, 2008 04:31 PM (GMT)
Does that mean if we got direct deposit for our tax refund that they will direct deposit this check??

Sarah - May 2, 2008 04:39 PM (GMT)
QUOTE (Stringaling @ May 2 2008, 11:31 AM)
Does that mean if we got direct deposit for our tax refund that they will direct deposit this check??

Looks like it.

squatpuke - May 2, 2008 04:41 PM (GMT)
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that's what I'm reading there...

rasplundjr - May 2, 2008 06:26 PM (GMT)
damn.....

What if you got an advnace loan from H&R Block?

sf49erfan - May 2, 2008 06:36 PM (GMT)
With the direct deposit stuff why can't they all go out the same day?

Stringaling - May 2, 2008 06:51 PM (GMT)
QUOTE (sf49erfan @ May 2 2008, 01:36 PM)
With the direct deposit stuff why can't they all go out the same day?

With the budget deficit, maybe the government had to go back to dial up??? :rolf:

rasplundjr - May 2, 2008 08:24 PM (GMT)
manpower for verification of account info?

sf49erfan - May 15, 2008 01:06 PM (GMT)
Has anyone gotten their check yet?

andiesmama - May 15, 2008 02:01 PM (GMT)
Nope, I think ours is a paper check as we got a paper one for our tax return.

Stringaling - May 15, 2008 02:18 PM (GMT)
Yeah..Direct deposit...We stimulated the credit card economy with most of it. Nice to pay down debt occaisionally, huh?

Keneke - May 15, 2008 03:37 PM (GMT)
*supposed to arrive tomorrow via electronic deposit*

Keneke - May 15, 2008 04:44 PM (GMT)
Edit:
We just got ours deposited today :)

Stringaling - May 16, 2008 01:53 AM (GMT)
I received a letter today telling me that I should get mine by last friday...


squatpuke - May 16, 2008 02:52 PM (GMT)
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Honey...did you get yours? oh wait, you live in that OTHER place....

Honey - May 16, 2008 03:55 PM (GMT)
QUOTE (squatpuke @ May 16 2008, 10:52 AM)
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Honey...did you get yours? oh wait, you live in that OTHER place....

Yep, I live in that OTHER place. You guys are the weird ones. :P

GutterRat - May 20, 2008 11:44 PM (GMT)
QUOTE (Honey @ May 16 2008, 09:55 AM)
QUOTE (squatpuke @ May 16 2008, 10:52 AM)
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Honey...did you get yours?  oh wait, you live in that OTHER place....

Yep, I live in that OTHER place. You guys are the weird ones. :P

Tell me about it!

I wonder if this is going happen every election year? Stupidity abounds in our gov't.




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