Economic Surplus checks are coming.....early?

NHLife — Mon, 28 Apr 2008 20:44:00 GMT

Wondering whether you qualify for an economic stimulus payment, how much you are getting and when it's coming? Hint: They are coming earlier than expected. The IRS has put up a calculator that you can use to determine how much you can expect to receive. It's helpful if you have a copy of your 1040 Form handy. Here is a link to the IRS calculator: http://www.irs.gov/app/espc/. If you were like me and did not have a "normal" situation, leaving you wondering just how much you can expect, this is a really great tool. I was pleasantly surprised to learn that I'm getting more than I expected.

If you received your refund electronically, you'll be getting your stimulus payment sooner (possibly today). If you filed the old-fashioned way, by mail, expect it to take a bit longer. Checks will be issued based on the last two digits of your Social Security Number. The schedule is below (but the IRS announced today that they are approximately one week ahead of schedule). Imagine that!

Here is the original schedule from the IRS for when you can expect checks to be transmitted or mailed:

Direct Deposit:

Last two SSN digits:	Payments will be transmitted no later than:
00 through 20	May 2
21 through 75	May 9
76 through 99	May 16

If you filed a return and received a paper refund check, it goes like this:

Last two SSN digits:	Payments will be mailed no later than:
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

Happy spending!

Live Free and Blog : calculator

Economic Surplus checks are coming.....early?