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TAX REBATE CHECKS TO ARRIVE A WEEK EARLIER
NOW -- Rebate program ahead of schedule. See
when your check should arrive.
Remember, disabled vets and seniors can file for
a tax rebate until October 15. That story here...
http://www.vawatchdog.org/08/nf08/nfAPR08/nf042408-1.htm
For more information about the 2007 tax rebate
program, use the VA Watchdog search engine...click here...
http://www.yourvabenefits.org/sessearch.php?q=economic+stimulus&op=and
Today's story here...
http://www.wkyc.com
/news/news_article.aspx?storyid=85299&provider=gnews
Story below:
-------------------------
U.S. Treasury: 'Economic stimulus' checks to
arrive a week earlier now
Kim Wendel
Federal officials and U.S. Treasury Secretary Henry Paulson decided
Thursday to start sending out the U.S. Treasury economic stimulus payments
to more than 130 million individuals a week earlier than planned.
The program will now start the week of April 28, instead of May 2.
"We will start a bit earlier. We're a little bit ahead of schedule, so we
will start right on Monday with direct deposits," Paulson said.
Paulson said the early payments could boost the U.S. economy by about $50
million by the end of May.
The Treasury now plans to deliver 130 million
checks between April 28 and July 11, based on the last two digits of the
recipient's Social Security number. See tables below............
DIRECT DEPOSIT
| Last two SSN digits: |
Payment will be transmitted by: |
| 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 by: |
| 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 |
All of the payments will be starting a week earlier than originally
scheduled.
Those who sign up to receive a 2007 tax refund via direct deposit will
receive checks first.
According to the Internal Revenue Service, direct
deposit payments will be made the week of April 28 to recipients whose
Social Security numbers end in 00-20.
Direct deposit payments will be made May 2 to people whose numbers end in
21-75.
The final round of direct deposit payments will be made May 9 to people
whose numbers end in 76-99.
Those who will receive paper checks are on a slightly later schedule,
according to the IRS.
Checks will be mailed May 16 to those whose numbers end in 00-09. A second
round of checks will be mailed May 23 to those whose numbers end in 10-18.
A May 30 mailing will be made to people whose numbers end in 19-25.
Mailings will be made June 6 to those whose numbers end in 26-38; June 13
to numbers 39-51; June 20 to numbers 52-63; June 27 to numbers 64-75; July
4 to numbers 76-87; and July 11 to those whose numbers end in 88-99.
To receive a payment, taxpayers must have a valid Social Security number,
$3,000 of income and file a 2007 federal tax return, and the IRS will take
care of the rest.
Eligible people will receive up to $600 ($1,200 for married couples) and
parents will receive an additional $300 for each eligible child younger
than 17.
Millions of retirees, disabled veterans and low-wage workers who usually
are exempt from filing a tax return must do so this year in order to
receive a stimulus payment.
For additional information, the IRS Web site is the best source for
answers to questions regarding the stimulus payments.
The site has an online tool which allows taxpayers to calculate the amount
of their advance payment and to check on the status of their checks.
All of the above conditions apply to filers who file by the April 15
deadline.
Late filers and anyone who owes back taxes, is delinquent in their child
support payments or has another debt that normally would interfere with
getting a tax refund, also may get either a later stimulus payment or a
smaller one, the IRS said.
-------------------------
posted by Larry
Scott
Founder and Editor
VA Watchdog dot Org
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