ECONOMIC STIMULUS CHECKS are on the way!
Citizens State Bank has been receiving many calls about the Economic Stimulus checks being sent by the IRS. The schedule for the rebates is based on the last two digits of your Social Security number.
IF DIRECT DEPOSIT WAS USED FOR YOUR TAX REFUND,
your stimulus check will be direct deposited to the same account that your 2007 refund was deposited to. Schedule for deposits is:
| Last 2 digits of your SSN: |
00-20 |
Expect your rebate by: |
May 2 |
|
21-75 |
|
May 9 |
|
76-99 |
|
May 16 |
IF REFUNDS ARE MAILED or TAXES ARE OWED,
a check will be mailed to you. Schedule for checks to be mailed is:
| Last 2 digits of your SSN: |
00-09 |
Expect your rebate by: |
May 16 |
|
10-18 |
|
May 23 |
|
19-25 |
|
May 30 |
|
26-28 |
|
June 6 |
|
39-51 |
|
June 13 |
|
52-63 |
|
June 20 |
|
63-75 |
|
June 27 |
|
76-87 |
|
July 4 |
|
88-99 |
|
July 11 |
HOW MUCH WILL YOU RECEIVE?
- To receive a payment, taxpayers must have a valid Social Security number, $3,000 of income and file a 2007 federal tax return. IRS will take care of the rest.
- Eligible people will receive up to $600 ($1,200 for married couples)
- Parents will receive an additional $300 for each eligible child younger than 17.
- Amount of the refund you receive will be affected by your adjusted gross income from your 2007 tax return.
WHAT IF YOU DIDN’T FILE A TAX RETURN?
- Millions of retirees, disabled veterans and low-wage workers who usually are exempt from filing a tax return must do so this year in order to receive a stimulus payment.
- Even though April 15 has passed, there is still time for retirees, disabled veterans and others who normally do not file a tax return to submit a 2007 form to receive an economic stimulus payment.
- You must file a 2007 tax return (Form 1040A) by October 15 to receive an economic stimulus check.
NEED MORE INFORMATION?
Additional information and Form 1040A can be found on the Internal Revenue website at www.irs.gov, or you can call 800-829-3676.
