2008 Economic Stimulus Checks Weekly Legislative Column by Assemblyman Marc Butler

The United States Congress passed and President George W. Bush signed into law the 2008 Economic Stimulus Package. Under this package, tens of millions of American taxpayers will receive checks from the federal government. To be eligible to receive a payment, taxpayers must have a valid Social Security number, at least $3,000 of income and have filed a 2007 federal tax return. The total amount that you will receive depends upon whether your 2007 federal tax returns were filed jointly, your gross income, and whether you have dependents. Most taxpayers will receive between $300 and $600 for singles and between $600 and $1,200 for couples. Even if you are exempt from filing a federal tax return, you must do so this year to be eligible for the stimulus check. The chart below will provide you with a schedule of when you can expect your check. For more information, you can go to the Internal Revenue Services’ website at www.irs.gov.

Stimulus Payment Schedule for Tax Returns Received and Processed by April 15 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

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