Tax Friendly Alabama
By
Associated Press
Published: Mon, April 28, 2008 - 10:12 pm
Last Updated: Mon, April 28, 2008 - 10:19 pm
Last Updated: Mon, April 28, 2008 - 10:19 pm
deposited by the IRS into accounts across the country. The
government wants to make 800,000 direct deposits a day -- today,
tomorrow and Wednesday.
A survey indicates that taxpayers plan to use most of the money
to pay down debts, and that any shopping would be for food and
necessities, not luxury items.
The first paper checks will be mailed by the IRS on Friday, May
9th.
The rebates, which are expected to reach 130 million households,
include 600 dollars for an individual and 1,200 dollars per couple.
Families with children will get 300 dollars for each child.
They are part of a 168-billion dollar stimulus package that the
administration hopes will spur consumer spending and revive the
economy.
Direct Deposit Payments
If the last two digits of your Social Security number are: Your economic stimulus payment deposit should be transmitted to your bank account by:
00 – 20 May 2
21 – 75 May 9
76 – 99 May 16
Paper Check
If the last two digits of your Social Security number are: Your check should be in the mail by:
00 – 09 May 16
10 – 18 May 23
19 – 25 May 30
26 – 38 June 6
39 – 51 June 13
52 – 63 June 20
64 – 75 June 27
76 – 87 July 4
88 – 99 July 11
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I was under the impression that my check was coming by direct deposit. But here I am seeing that I will be getting mine as a paper check. Odd.