One of the most common questions I have heard regarding the economic stimulus rebate is “when will I get my rebate check?” Until yesterday, there was no answer.
The IRS announced they will begin sending out economic stimulus rebate checks May 2, 2008, and continue through the end of the year. The order checks are sent out will be determined by the last two digits of the tax filer’s Social Security Number, when the tax payer files, and whether the tax filer chooses direct deposit or payment by check.
The IRS expects to send out 25% of the checks within the first few weeks, and should have the majority of he rebate checks issued by mid-July.
Assuming your tax return is filed and processed by April 15, this is schedule for when you can expect your economic stimulus rebate.
If your tax return is filed after the April 15 deadline, your rebate checks may be delayed until approximately two weeks after you receive your refund (if you receive a refund). Since it normally takes the IRS about 2 weeks to process most tax returns, it should take about a month to receive your rebate check.
Keep in mind, this is a rough schedule – the Treasury is processing over 130 million rebates!
For more details, read about the 2008 Economic Stimulus Package, or the Economic Stimulus Package Frequently Asked Questions.
Update: The economic stimulus checks will be sent out a week early.
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I am absolutely confused. I have heard several things about the stimulus refund check.
If you owe on state taxes, will the stimulus refund check be applied to your balance?
Does each additional child add $300 to your initial $600 check?
My child’s father and I alternate years on claiming our daughter, I claimed her this year, the refund check comes to me right?
Some taxpayers may receive smaller economic stimulus payments than they anticipated. By law, the stimulus payments are offset to satisfy past-due taxes, student loans, child support and certain other debts.
I am confused…Will the rebate be direct deposited into the Emerald Mastercard from H&R Block? I got my refund over 5,000 on there. Also, if not, I already moved to a different state. I mail the IRS the proper form already, so hopefully they get it in time.
hmmm?!?
Steve, Great comment, thanks.
Cassie, If you received your refund on an Emerald Mastercard, you will receive the rebate as a check. If your address changed, you should contact the IRS with your new address.
i have a question i hope someone can answer. i filed my taxes electronically, but have closed that account since. what happens to the rebate check then????
Nicole,
You should receive your rebate via the mail.
i have another question. since it goes by the last number in my social security number i was supposed to get my check ny may 2nd. but since its going to come in the mail now does that mean i will still get the check this week????
Nicole, they will be sent out a little later, probably starting around May 16th.
When we filed our taxes, we got a instant refund check, however, we had our state tax refund direct deposited, would that mean that we might get our tax rebate direct deposited, since, our state tax was direct deposited?
I am confused. We are currently on a payment plan to pay our taxes. We owed for this year, as well as last year and we pay monthly installments. Will we get a check or is the IRS going to take our check? How would this be helping our family for the IRS to take the stimulus check?
Where is the rebate? My husband’s SS ends in 01 and we did direct deposit, but as of 4/30, still no check. My aunt and uncle who filed jointly has SS that ends in 04 and they use the same bank as us, but they alreay got theirs yesterday. I don’t get it. Are they not going in SS order like they said? If they were, we should of had ours by now.
From what I understand, if you owe the IRS, they will intercept your refund and put it toward your balance. I agree, how is that going to stimulate the economy?
My SS ends in 04 also and I have not received a rebate check yet.
MY SS# ENDS IN 09 AND I HAVE NOT YET RECEIVED MY STIMULUS EITHER? I WOULD REALLY LIKE TO KNOW WHAT IS GOING ON? THERE WILL BE NO STIMULUS CHECKS POSTED TOMORROW PER THE IRS. IT WAS STATED THAT ON FRIDAY OVER 5 MILLION WILL BE DEPOSITED. WHAT IS THE HOLD UP? ANYONE KNOW?
“By law, the stimulus payments are offset to satisfy past-due taxes, student loans, child support and certain other debts.” What does the government consider “other debts” to be??
How wrong is it that I fall into the alternative tax bracket and pay more taxes and loose all the write offs. I also do not qualify for a rebate, where the people who do not pay taxes are getting rebates back. THAT IS JUST WRONG. I have 4 children and am also trying to get ahead. How can anyone get ahead when the government keeps taking what we earn???????
my social security # ends in 00 and i haven’ received my rebate yet either.
I have the ss # 7 and I have mine money in my bank its on hold till May the 2nd I called my back and they see it pending but i cant have it till friday bummer
Our Ss# ENDS WITH 7 AND WE HAVE OURS PENDING IN OUR BANK IT GOES IN FRIDAY MAY 2 SO YOU SHOULD GET YOURS SOO.
will i get the stimulus check if i owe child support.
Jeff, Im not sure about that sorry.
If I had my tax refund direct deposited onto a prepaid visa debit card (not HR Block Card, netspend) will I receive my rebate through direct deposit or a paper check? I received my tax refund in about a week.
How is it that the IRS says that they are going by the last two of your SSN#, however a friend of mine last two are 10 and they received thier deposit,yet mine end with 01 and still haven’t received mine.What is going on you guys?
here is a good question went to hr block in jan got approved for emerald card.did not pay it back yet.decided to do my taxes via the internet turbo tax had it direct deposit will my stimulate rebate be direct deposit.
We did Turbo Tax also and we used our credit card to pay we didnt have it taken out of our taxes..And We have ours in our bank but they wont put them in till friday may2 and our ss# is 07 hope this helps you.
I filed electronically but received a paper check a tax prepares office. How will my rebate come?
Michelle,
If the IRS does not have your bank account info, than you will get a paper check.
My last digits are 05 – still have no check.
Greg Do you have direct deposit? If so have you called your bank ours in in but we dont get it till tomarrow. our SS# IS 7 If you are getting a check it takes longer.
Britt, Some people have not yet received their stimulus checks yet. It is possible it hasn’t cleared your bank’s system yet, or that it hasn’t been sent. The IRS is going to do a mass direct deposit of several million rebates this Friday. The best thing to do is wait and see.
Danny, You should receive your rebate via direct deposit, but it may take a few days. Just keep checking.
Michelle, You will probably receive a paper rebate check.
Greg, Some people have not yet received their stimulus rebates yet. It is possible it hasn’t cleared your bank’s system yet, or that it hasn’t been sent. The IRS is going to do a mass direct deposit of several million rebates this Friday. If you will receive a paper check, it may take a few weeks. The best thing to do is wait and see.
I am udderly confused on the phase out amount. My husband and I jointly made almost 39,000. We have three children who are qualifying ages. According to the estimation calculator are to only get 1500. I was under the impresion that it is 1200 for jointly and 300 for every child there after. If the calculator is correct then why are we only getting 300 each adult, if the phase out begins at 75000.
Thank-you
Angie, The IRS has reported the first wave of rebates should be paid via direct deposit by May 2. I recommend checking with your bank sometime tomorrow, but keep in mind it may take a day or two to register with your bank.
Missy, The phase out starts at $75,000 for single filers, and $150,000 for married filers. My understanding was that the rebate should be $600 per adult and $300 per child, but there may be something about your situation that I am not aware of, or the calculator could be off. I recommend using the official calculator at the IRS website, or contacting the IRS directly.
Ha! What a disapointment! Hubby’s last 2 05–no check yet! On hold with IRS!!
no, lois you can expect your check by may 16th.
We had to file an amendment because the people who did our taxes did not file us jointly like they were supposed to. Will this effect whether or not we get a check? His ss is 03 so will ours be sent out May 2 or will it be delayed?
I have read this whole blog and then got confused. I made over $3000.00, paid taxes, got my federal tax refund of $1,132.00 but only got a stimulus check for $300.00. I am single with no children, does this have anything to do with the refund amount? This is what the direct deposit read for the $300.00 refund,”US TREASURY 220 TAX REFUND”, so I am sure this was the Stimulus check.
Did you use any programs such as TaxCut or Turbo Tax?
Never mind I thought I was answering anothers comment
Meg we used turbo tax and we get ours friday moring in the bank.
Meg we used turbo tax and yes we get ours tomarrow
Ok this is more than I can handle on one cup of coffee. I filed head of household 2 kids I know the amount but WHEN its coming is killin me cause i could really use it with a 1100 dollar a month mortgage. I filed using turbo tax and had cost of filing taken from return then had rest deposited into my bank account. You know that whole santa barbara bank trust thing then from there to my bank. Now im reading that because of that I will get a paper check but others who used turbo tax got a payment already???? HELP!!!! Will i get direct deposit or check in the mail?
We were supposed to get our’s today… and nothing. Zilch. What now?
im in the same boat as you, turbo tax, head of household, direct deposited through the santa barbara bank and trust..social ends with 1 and no direct deposit. also used the long form. This is getting really nerve racking.
oops just found this on the turbo tax site..
hat if I paid to file my 2007 taxes with my refund money using Santa Barbara Bank & Trust?
Even if you have received or will receive your tax refund by direct deposit to your bank account, the IRS will not do the same for your tax rebate in this instance. It will mail your rebate instead.
In its preparations for issuing rebates, the IRS decided that taxpayers who entered into financial transactions with third parties, such as Santa Barbara Bank & Trust (the taxpayer and TurboTax being the first two parties), would receive their rebates by mail.
This applies only to TurboTax customers who used the “refund transfer” or RT service when filing their 2007 tax returns. The service lets you pay for your tax preparation and/or e-filing from your refund proceeds, for an additional fee, under an agreement with the bank. This allows customers to pay using their refunds, rather than credit cards.
This IRS decision also applies to taxpayers who used “refund anticipation loans” or RALs (loans made to tax filers against their expected refunds) on their 2007 returns. TurboTax does not offer RALs.
that explains alot..guess i will be waiting for a while more.
so in other words because i chose to have the filing fees taken right from my refund i got to wait another whole month!!! Really fair nice of the gov to stick it to us yet again!!!!!!!
No, you won’t necessarily get $600. I only got $300 on my economic stimulus deposited today 4/2/2008 and am married filing separately. Max would be $600 per person. If a joint return (up to $1200), but that divided by 2 would still only be up to (and that is the key term (up to) $600 per person.
That is crap. Granted I filed separataley from my husband, BUT I only got $300 for the economic stimulus check and I AM married, though couldn’t file jointly.
My last two is 04 and finally I got a direct deposit today, although i thought I would get $1200 for myself and my two kids, I only got $900. Well at least I got something right…
It works for me!
the thing is with the whole turbo tax have the money taken from your refund,santa barbara bank trust then to your personal bank account that is the whole messed up thing for me…according to so many reports because that is how I filed and that is how I got my refund i will get a paper check….a frequen month from now. I know my own fault i also counted my chickens before they hatched and now i gotta figure out how to pay an 1135 dollar mortgage payment with 700 dollars??????
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