Economic Stimulus Payments

The IRS issued a news release providing information on when they will begin sending out the econmic stimulus payments. The IRS will begin to send out the checks on May 2 and expect to be completed with the initial round of weekly payments by early July.

Below are the schedules for economic stimulus payments related to tax returns processed by April 15, 2008.

Direct Deposit Payments
If the last two digits of your Social Security number are:	Your economic stimulus payment deposit should be sent to your bank account by:
00 – 20	May 2
21 – 75	May 9
76 – 99	May 16
Paper Check
If the last two digits of your Social Security number are:	Your check should be in the mail by:
00 – 09	May 16
10 – 18	May 23
19 – 25	May 30
26 – 38	June 6
39 – 51	June 13
52 – 63	June 20
64 – 75	June 27
76 – 87	July 4
88 – 99	July 11

Part of the press release noted that there is an online calcuator to determine if you are eligible for the payments and if so how much you can expect to recieve.

Source:
http://www.irs.gov/newsroom/article/0,,id=180247,00.html