14 May 2008


"Please Mister Postman, look and see
If there's a letter in your bag for me
Please, Please Mister Postman
Why's it takin' such a long time?"

Most all taxpayers will get an "economic stimulus" rebate of $600. However you don't get a check if you make more than $75K a year or $150K as a married couple. The phase-out zones that squeeze the value of the rebates as adjusted gross income rises above $75,000 on a single, head of household or married filing separately return, and over $150,000 on a joint return.

The rebates are actually a prepayment of a tax reduction that will go into effect for 2008. The checks are based on information on 2007 tax returns. (If you have your 2007 refund directly deposited into your bank account, the Treasury is supposed to try to direct deposit your rebate, too.) If you filed after the April 15 deadline, or filed for an extension to put off your deadline until October 15, your stimulus check will be delayed because you're a bitch.

Rumor has it that the ecostimuli chex are being sent corresponding to the last two digits in your SS number:

So if your SS ends with 00-09 you're check should be there on Friday, the 16th.
If your SS ends with 10-18 expect your check by 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

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