IRS to Start Sending Rebates on May 2

Okay… you know the IRS will start sending out rebate checks in May. But when will you get YOUR check?

The
first rebate checks will be mailed out starting on May 2, and will be
based on the final two digits of your Social Security number, as well
as when you file and whether you elected to receive any refund by
direct deposit or snail mail.

The IRS says most people will get
their checks by July 11, but if you want to know exactly when to expect
your rebate, here are the details:

If you file your 2007 tax
return by April 15, and request direct deposit for your refund, then
you can expect your rebate according to the following schedule…

SSNs ending in 00-20, deposited by May 2
SSNs ending in 21-85, deposited by May 9
SSNs ending in 76-99, deposited by May 16

Notice that taxpayers who requested direct deposit on their 2007 tax return will receive their rebate by direct deposit as well.

Continue Reading IRS to Start Sending Rebates on May 2

Subscribe to EbizTaxTips.com

Attn: Online Business Owners! Do you want to learn how to minimize your online business taxes?

My free report '5 Tax Saving Tips for Ebiz Owners' includes tips to help you get all the deductions and credits you're entitled to, so you don't overpay Uncle Sam!