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.
DIRECT DEPOSITLast two SSN digits: | Payment will be transmitted: |
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 |
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. "
More info at
Scam Warning
- Be aware that identity thieves are already pushing scams involving the stimulus payments. At least one telephone scam is making the rounds using the proposed rebates as bait. News release IR-2008-11, IRS Warns of New E-Mail and Telephone Scams Using the IRS Name; Advance Payment Scams Starting, has more details.
More Articles:
=>How to Get the Best CD Rates
=>Beware of Annuities
=>I-Bonds Explained
=>Safe Withdrawal Rate in Retirement?
FREE SAMPLE issue of "The Retirement Advisor" investment letter.
No comments:
Post a Comment