irs stimulus checks

Posted by 2008


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. Payments will be made by either direct deposit or paper check, consistent with how people filed their 2007 tax return.

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 on the dates listed below. Payments should be received by close of business on the dates listed below.

DIRECT DEPOSIT

Last two SSN digits: Payments will be transmitted no later than (and received by the end of the day of):
00 through 20 May 2
21 through 75 May 9
76 through 99 May 16

If filing or preparation fees were deducted from your 2007 refund or if you obtained a refund anticipation loan or other bank product related to your regular tax refund, you will receive a check instead of a direct deposit.
Paper checks will also go out based on Social Security number. For Social Security numbers ending in 00 through 09, the paper checks will be mailed starting May 9 and will continue through May 16. A similar process will be repeated in the following weeks.
Please allow additional delivery time, perhaps 3 to 5 days, since the paper checks are being sent through the mail.

PAPER CHECK

Last two SSN digits: Payments will be mailed no later than (and received a few days after):
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 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.

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.