| AD Singleton & Co, CPA, Inc.'s |
Watch Your Wallet!
A newsletter for clients and friends.
May 2008 | Published by ADSCPA |
A collection of practical tax and financial tips, articles, and resources targeted to help you watch your wallet and keep what you earn.
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Economic stimulus payments will be issued according to the last two-digits of the main filer’s Social Security number. People who use direct deposit also will be among the first to receive the payments starting May 2. Paper checks will be put in the mail starting May 16.
DIRECT DEPOSIT
Last two SSN digits:
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Payment will be transmitted:
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| 00 through 20 |
May 2 |
| 21 through 75 |
May 9 |
| 76 through 99 |
May 16 |
PAPER CHECK
Last two SSN digits:
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Payment will be mailed by:
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| 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 |
People who file a return after April 15 will receive their economic stimulus payment, but probably about two weeks later than the schedule shows. A return must be filed by October 15 in order to receive a stimulus payment this year. See the online calculator for an estimate of the amount you will receive.
A small percentage of tax returns will require additional time to process and to compute a stimulus payment amount. For these returns, stimulus payments may not be issued in accordance with the schedule above, even if the tax return was processed by April 15.
