The IRS has released the schedule of when economic stimulus payments will be issued for most taxpayers who filed their 2007 return by April 15th. I say most because a few taxpayers will get their payments later than this schedule, regardless of when they filed, due to the complexity of the amount of their economic stimulus package payment. The schedule is based on the last two-digits of the filer’s Social Security number. For joint filers, the SSN of the first person listed on the 2007 return will be used. Taxpayers will get their economic stimulus payment in the same form as they used for their 2007 return, either direct deposit or paper check.
The schedule is as follows:
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 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 should receive their payments about two weeks late.
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April 30th, 2008 at 9:19 am
[…] Dylan wrote an interesting post today onHere’s a quick excerptThe IRS has released the schedule of when economic stimulus payments will be issued for most taxpayers who filed their 2007 return by April 15th. I say most because a few taxpayers will get their payments later than this schedule, … […]
April 30th, 2008 at 9:21 am
[…] Dylan […]
April 30th, 2008 at 10:54 am
Informative post. I work for a company that manages and tracks gift cards, and we blogged about this issue a few days ago on savvywallet.com. One thing to be mindful of are retailers that are offering 10% bonuses in gift cards when we turn in our checks. Consider this: $100B was spent on gift cards and $8B was lost and unredeemed. my advice? save it, put it towards debt, and contribute to our IRAs.
April 30th, 2008 at 11:12 am
[…] Mike wrote an interesting post today on 2008 IRS Economic Stimulus Payment ScheduleHere’s a quick excerptThe IRS has released the schedule of when economic stimulus payments will be issued for most taxpayers who filed their 2007 return by April 15th. I say most because a few taxpayers will get their payments later than this schedule, … […]
May 1st, 2008 at 1:52 pm
@Austin - Well said. I’ve covered the downside of gift cards on the Lending Club blog.
May 1st, 2008 at 3:38 pm
[…] 2008 bureau Economic Stimulus Payment Schedule […]
May 1st, 2008 at 6:02 pm
[…] 2008 bureau Economic Stimulus Payment Schedule […]
May 1st, 2008 at 6:03 pm
[…] 2008 bureau Economic Stimulus Payment Schedule […]