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Pepperdine University School of Law

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Monday, March 17, 2008

IRS Releases Payment Schedule for Economic Stimulus Tax Rebates

The IRS today released (IR-2008-44) a schedule for distributing the 130 million economic stimulus rebates ($600 (single) or $1,200 (married), plus $300 per child under age 17):

                                                           Direct Deposit Payments
Last 2 Digits of Social Security Number: Stimulus Payment Deposited in Your Bank Account by:
00 – 20 2-May
21 – 75 9-May
76 – 99 16-May
                                                                 Paper Check
Last 2 Digits of Social Security Number: Stimulus Check in Mail by:
00 – 09 16-May
10 – 18 23-May
19 – 25 30-May
26 – 38 6-Jun
39 – 51 13-Jun
52 – 63 20-Jun
64 – 75 27-Jun
76 – 87 4-Jul
88 – 99 11-Jul

Note: these dates assume that the taxpayer's 2007 tax return is filed and processed by April 15, 2008.

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