Sunday, April 27, 2008
Tax rebate
What to expect
Details on the federal economic stimulus plan:
SCHEDULE
Direct deposits: People who receive regular tax refunds by direct deposit are to receive their rebates this month. Direct deposits will begin Monday.
Checks: People who receive regular tax refunds by check are to receive their rebates by July. The first checks are to be mailed May 9.
Who’s first: Rebates are being distributed by the final two digits of Social Security numbers. The lower numbers are first.
DO YOU QUALIFY
To qualify: You must have a total income of at least $3,000, have a valid Social Security number and not be a dependent on another’s return.
Source: IRS