Stimulus Checks start with Direct Deposits TODAY! (new house, to buy)

[Paka]

For those of you that are receiving, here is the schedule of when they will be direct deposited based on the last two digits of the primary filers SSAN.

Also included is the info on paper checks and when to expect those if you did not file with a direct deposit to your bank for any refund for 2007.

Both the direct deposit payments and the paper checks are being processed by the last two digits of a taxpayers' Social Security number.
For people receiving direct deposits, those with a Social Security number ending in 00 to 20 will have their economic stimulus payment deposited to their bank account by this Friday.
Those with Social Security numbers ending in 21 to 75 will get their direct deposits by May 9 and those with Social Security numbers ending in 76 to 99 will get their deposits by May 16.
For those receiving paper checks, the last paper checks, covering people with Social Security final digits from 88 to 99 will be in the mail by July 11 under the current schedule. The IRS estimates that about two-thirds of the payments will be paper checks and one-third will be direct deposits.
The payment schedule covers people who filed early enough to have their tax returns processed by April 15. The IRS is continuing to urge people who did not file returns because they did not owe taxes to file in order to receive an economic stimulus check.
People who do not have to file a tax return but have at least $3,000 in qualifying income may be eligible for an economic stimulus payment of $300 for an individual and $600 for a couple plus $300 per qualifying child.
"We know there are many people who are eligible for an economic stimulus payment who have not filed a tax return," IRS Commissioner Doug Shulman said Monday. "If you think you may be eligible, even if you don't normally file a tax return, please check it out."
People who have not yet filed returns have until Oct. 15 of this year to do so in order to receive a stimulus payment. The simple Form 1040A along with directions on what lines must be completed for the stimulus payments can obtained by going to the agency's official Web site, Internal Revenue Service.

[mrstxcop]

yahoo --- i can't wait...although ours will sit in the bank for now --- we are planning on using it to help buy shutters for our new house ---

thanks for the info paka!!!

[ryneone]

Who do you know weather it will be a check or direct deposited?

[chipsndip]

It depends if you filed your taxes with direct deposit or not - if you didn't provide direct deposit information for this year's tax return, it will come in the mail.

[ryneone]

Originally Posted by chipsndip

It depends if you filed your taxes with direct deposit or not - if you didn't provide direct deposit information for this year's tax return, it will come in the mail.

Ok thanks. Looks like ill have my gas money on May 09.

[KY Filly]

Woohoo! We'll be using ours to buy items for our new home...curious what others will be doing? Saving...paying down debt...or spending? I love the IRS direct deposit - we've used that the last two years for our refunds and they come quick! This year we filed and had our refund deposited within 10 days.

[hadleyzoo]

Will be paying down debt here. And also paying for our park tickets for Disney World in July.

[cwh]

New big energy efficient front load washer and dryer.

[luckygreeniii]

Originally Posted by cwh

New big energy efficient front load washer and dryer.

I would love those but it just kills me that you have to pay $150-200 for the stands they are on! Come on, couldn't they throw those in for spending the bank on the washer/dryer?

[CanyonLakeMom]

I am putting mine ours in Savings. No fun but I gotta!