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Taxing Matters

By William Perez, About.com Guide to Taxes

Stimulus Rebates Ahead of Schedule

Wednesday April 30, 2008
The Treasury Department has begun sending out rebates under the Economic Stimulus Act. These one-time-only rebates were scheduled to go out starting May 2nd, but some direct deposits have already gone out to taxpayers who filed before the April 15th deadline. Here's a schedule of when to expect your rebate. Keep in mind, the Treasury is sending out rebates by direct deposit first, followed by paper checks. Also keep in mind that this schedule is only for people who filed their 2007 tax return by the April 15th deadline. For people who filed after the deadline, expect your rebate to be sent out after you receive your refund.

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