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IRS Update on Stimulus Program Rebate Payments

April 21, 2008

By MoneyRates Team | Money Rates Columnist

The IRS has made the following information available on their website IRS.gov regarding the schedule of rebate payment checks for taxpayers who filed their 2007 tax return by April 15, 2008:

Stimulus Payment Schedule for Tax Returns Processed by April 15

Economic stimulus payments will be issued according to the last two-digits of the main filer's Social Security number. People who use direct deposit also will be among the first to receive the payments starting May 2. Paper checks will be put in the mail starting May 16.

REBATE PAYMENT BY DIRECT DEPOSIT

Last two SSN digits:

00 through 20 processed May 2
21 through 75 processed May 9
76 through 99 processed May 16

REBATE PAYMENT BY PAPER CHECK

Last two SSN digits:

00 through 09 mailed by May 16
10 through 18 mailed by May 23
19 through 25 mailed by May 30
26 through 38 mailed by June 6
39 through 51 mailed by June 13
52 through 63 mailed by June 20
64 through 75 mailed by June 27
76 through 87 mailed by July 4
88 through 99 mailed by 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.

Your responses to ‘IRS Update on Stimulus Program Rebate Payments’

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Anonymous

24 April 2008 at 10:46 am

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