The IRS will be sending out the 2008 stimulus payments starting on May 2, 2008. These payments range from up to $600 for unmarried persons and up to $1,200 for married couples, plus an additional $300 per qualifying child.

You can find the complete schedule for sending out the rebates. The IRS will send out the payments using the same method as used for your refund, whether paper check or direct deposit. This makes it important to ensure that your bank information is correct, as fixing an incorrect bank account is practically impossible.

People who receive only Social Security benefits normally don't need to file a return, but will need to file a return this year just to get their stimulus payment. These people should file a Form 1040A, and write "Stimulus Payment" at the top of the form to help expedite processing by the IRS.