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Stimulus Payment Schedule I

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Old 05-02-2008, 05:24 AM
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Default Stimulus Payment Schedule I

FYI **** http://www.irs.gov/irs/article/0,,id=180250,00.html *****


[align=left]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. Paymentswill be made by either direct deposit or paper check, consistent with how people filed their 2007 tax return.[/align] [align=left]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:[/align] DIRECT DEPOSIT Last two SSN digits: Payments will betransmitted no later than: 00 through 20 May 2 21 through 75 May 9 76 through 99 May 16 [align=left][/align] [align=left]Paper checks will also go out based on Social Security number. For Social Security numbers ending in 00 through 09, thepaper checkswill be mailed starting May 9 and will continue through May 16.A similarprocess will be repeated in the followingweeks.[/align] PAPER CHECK Last two SSNdigits: 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 [align=left][/align] [align=left][/align] [align=left][/align] [align=left][/align] [align=left][/align] [align=left][/align] [align=left][/align] [align=left]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 calculatorfor an estimate of the amount you will receive.[/align] [align=left]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.[/align] [align=left]Related Items:[/align] [ul][*] [align=left]IR-2008-66, Economic Stimulus Payments on the Way; Some People Will See Direct Deposit Payments Today[/align][*] [align=left]IR-2008-44, IRS Announces Economic Stimulus Payment Schedules, Provides Online Payment Calculator[/align] [/ul] [align=left]Return to Economic Stimulus Payment Information Center[/align]
 
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