Tax Rebate Check Dates

[KellyB]

This was passed along *supposedly* by someone whose husband works for the IRS, but I am not able to verify. Posting here to see if someone else can verify or has heard?



The check is in the mail

Week Last 2 digits of your SSN Receive your check by week of

1 00 - 09 July 23

2 10 - 19 July 30

3 20 - 29 August 6

4 30 - 39 August 13

5 40 - 49 August 20

6 50 - 59 August 27

7 60 - 69 Sept. 3

8 70 - 79 Sept. 10

9 80 - 89 Sept. 17

10 90 - 99 Sept. 24

For married taxpayers who filed a joint return, the first Social Security Number on the return determines the mailing date.
Source: Internal Revenue Service

[sweeps]

Wow, that's late. So much for a quick stimulus. Thanks for the info

[disneysteve]

What happened to having the checks out in May?

[Ima saver]

Lucky 13 for me!!

[neguy11]

This was for the *last* refund checks in 2001:

Frankly Speaking (2001-2002)

Notice the date, June 17, 2007.

Not sure if they will use the same schedule. I doubt it, that was 7 years ago now. I can't imagine they would send paper checks to people who chose direct deposit on their tax return?

[Scanner]

My assistant came in all up in arms in my office yesterday because the family doctor she works for took out "not enough" so she won't have as a big as a refund as usual and they go on vacation with that refund every year.

I tell her well, she's getting a rebate too so that should make up the difference. . .and that's what Uncle Sam wants you to do with it - go blow it on something, anything, Disney if she wants to.

"Oh, no, I'm not going to blow that. . .I'm going to invest that."

It seems with this rebate thing there's a little bit of "contrarian thinking" going on.

Gov't says to spend it. . .I'll invest it. Gov't says to invest it. . .I'll spend it.

Personally, I think $300-1200 is just right psychologically for people to blow it on something vs. doing something sensible with it.

I think people will spend it when it's in their hot little hands and our polticians have it right.

[disneysteve]

My assistant came in all up in arms in my office yesterday because the family doctor she works for took out "not enough" so she won't have as a big as a refund as usual and they go on vacation with that refund every year.

So if not as much was taken out in taxes, that means she got more in her paycheck each week. What happened to that money? If she chose to spend it instead of save it for her vacation, that's her fault, not her employer's.

[aida2003]

My assistant came in all up in arms in my office yesterday because the family doctor she works for took out "not enough" so she won't have as a big as a refund as usual and they go on vacation with that refund every year.

Hmm... it seems that many people prefer getting a tax refun later than getting their earned cash now. I guess they don't understand that a tax refund is their money but instead of taking it now they make a FREE loan to Uncle Sam. I rather pay some money instead of getting a huge refund.

[cptacek]

Sadly, I think I am going to get a huge refund this year. I had my W-4 correctly calculated, but then my fiance-at-the-time-husband-now and I decided to start expanding the farm after we got engaged in June instead of waiting until we were married. I bought a lot of farm stuff (tractor, baler, fencing supplies, more cows, other operating expenses) and paid him to work for me, which means I will be able to write a bunch of stuff off my higher income. So, a good plan, but I forgot to change my W-4! So, a LOT of deductions and depreciation, so I'll get a HUGE refund this year. Drat. Could have used that to pay for some of the expenses.

[sweeps]

Sadly, I think I am going to get a huge refund this year.

Only on SavingAdvice would one see this comment.

This was passed along *supposedly* by someone whose husband works for the IRS, but I am not able to verify. Posting here to see if someone else can verify or has heard?

This article seems to contradict that schedule. It says checks will be sent out in "late spring and summer" (presumably May-July)

[disneysteve]

Sadly, I think I am going to get a huge refund this year.

Only on SavingAdvice would one see this comment.

How true. The average American reading this thread would think we were a bunch of nuts.

[humandraydel]

I must admit, I've ALREADY spent the rebate check on an HDTV! Just doing my civic duty! Nevermind the fact that I was already going to buy a new TV before the rebate was first suggested (and that the rebate will be going into savings)...

[marvholly]

Watch it people. Remember what one administration/congress passes into law can (and probably will) be changed by the next.

Therefore, I plan to just drop any "rebate" into my savings cause sure as shoot any change is just going to cost me.

[momof1in150]

The IRS has a link on their website that gives a lot of info about the Rebates:

Information on Stimulus Payments

[tripods68]

Hmm... it seems that many people prefer getting a tax refun later than getting their earned cash now. I guess they don't understand that a tax refund is their money but instead of taking it now they make a FREE loan to Uncle Sam. I rather pay some money instead of getting a huge refund.

The average american don't think in financial common sense. It's a lot easier to deal with taking more taxes now than the idea of owning taxes later. People can't think beyond that. It's psychology than financial.