2008 Tax Rebate Check


I’m sure you’re all sitting by your mailbox eagerly awaiting the tax rebate check you’ve been promised for this spring. In the spirit of economic stimulus, I’ll be spending my check on a trip to Indonesia this fall. Somebody’s economy is going to be stimulated, anyway.

Check distribution will begin in May, and continue through the summer. Checks will be distributed based on the last two digets of your social security number. If you filed your taxes using the direct deposit option, you’ll receive your rebate check via direct deposit. Otherwise, you’ll have to wait on snail mail. Distributions are scheduled as follows:

DIRECT DEPOSIT

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Last 2 Numbers of SSN Distribution Date
00 through 20 May 2, 2008
21 through 75 May 9, 2008
76 through 99 May 16, 2008

SNAIL MAIL

Last 2 Numbers of SSN Distribution Date
00 through 09 May 16, 2008
10 through 18 May 23, 2008
19 through 25 May 30, 2008
26 through 38 June 6, 2008
39 through 51 June 13, 2008
52 through 63 June 20, 2008
64 through 75 June 27, 2008
76 through 87 July 4, 2008
88 through 99 July 11, 2008

Determining how much you’re going to get is a little tougher. There is an online payment calculator, but it’s kind of a pain. You’ll need your 1040 (whatever kind of 1040 you used to prepare your taxes) and it takes about 10 minutes. My tax guy has all of that stuff, so I’m just going to sit back and hope for the best.

How are you going to spend your rebate check?


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