stimulus checks will be going out earlier than planned

I hope mine is going to be one of them in the bank on Monday..it's a long time til Friday for SSDI payment I am keeping my fingers crossed :roll:

Wow- that is certainly some good news. I am planning on putting it in an untouchable place ( don't want the last of my PDL lenders still deducting from my account to even touch it ) and plan on putting the money I make from the second job into a checking account seperate from the one all my bills come out of, and will hopefully be able to pay off my dastardly 78% interest loan with quickclick loans by the end of next month.

So I'll be very happy if I get it earlier than I thought. The sooner I can pay off one of those high-interest bullies, the better ^_^

So, I wonder if you are recieving a paper check (like me) and it was previously going to be mailed by May 30th it will be sooner? :D ! I hope so...I'm just excited they are starting getting the ball going sooner! Walmart-here I come!

I just read in another article that checks will be mailed out a week earlier then scheduled.

Did anyone find out if you owe taxes for 2007 and are on an installment plan will you receive your rebate. The reason I am asking is that I have heard 2 different things: 1. No it will go towards what you owe. 2. Yes you will receive it. I did my taxes online(turbo tax) and at the end of my efile it stated how I wanted my rebate check sent(papercheck through the mail or direct deposit.) It gave me the amount I would get back.

I saw this article, too, Roadwarrior - thanks for posting it! I wasn't at home and couldn't open multiple windows to post the link without going back and forth between sites...what a pain! :-)

Mine was due to be direct deposited on Friday, so I'm hoping mine will be one of the Monday-Wednesday ones too!

Good......maybe I'll get my check a few days earlier than I thought. (Haven't been on the forum, in a few days. Wanna say 'hello' to all of you.)

I've been making monthly payments on my student loan. I should be recieving some money from the stimulus.Will my stimulus go towards my student loan?

Here's the new schedule:

DIRECT DEPOSIT

Last two SSN digits: Payments will be transmitted no later than:
00 through 20 May 2
21 through 75 May 9
76 through 99 May 16

Paper checks will also go out based on Social Security number. For Social Security numbers ending in 00 through 09, the paper checks will be mailed starting May 9 and will continue through May 16. A similar process will be repeated in the following weeks.

PAPER CHECK

Last two SSN digits: Payments will be mailed no later than:
00 through 09 May 16
10 through 18 May 23
19 through 25 May 30
26 through 38 June 6
39 through 51 June 13
52 through 63 June 20
64 through 75 June 27
76 through 87 July 4
88 through 99 July 11

People who file a return after April 15 will receive their economic stimulus payment, but probably about two weeks later than the schedule shows. A return must be filed by October 15 in order to receive a stimulus payment this year. See the online calculator for an estimate of the amount you will receive.

my last 2 numbers are 20.....so mine wont come until the end of the month or are they mailing them all by May 16th?

I saw an updated schedule last week that said they were going out a week early. The date for the last two of my social, 19, had a mail by date of 5/23... I haven't seen that updated.

Tweety, looks like yours will be mailed no later than May 30. So, maybe (with luck???) it might be sooner? But they are saying NO LATER than May 30.

I just got this schedule off the IRS site a few minutes ago.

So, technically, should we move the dates up by one week then? For example, if it says mine would be May 9th, it's actually going to be May 2nd????? Am I understanding this correctly?

That would be awesome if they were pushed ahead a week......still I'm excited to just be getting a check.....

I don't know.... it was all over the news last week that payments were going out a week early. And then they started on Monday. I'm sure there has to be some kind of mention of it on the web somewhere because it was big news last week.

Per the website that roadwarrier posted, apparently they are starting this week, so I think the schedule I posted is correct. Here is a portion of what the site said that roadwarrier posted:

Quote:

What the IRS did was change the schedule from:

on X/XX/XX

to

by X/XX/XX

So your check will be mailed by the date set, but it could be mailed early.

I am betting this past Monday 00-05 went out followed by 06-10 on tuesday,11-15 on Wednesday and the rest will go out Friday. Just a guess!

And cinco di maio starts the process over again starting with SS#s 21 and so forth to Friday (5/9) ending with 75.

I had my state refund direct deposited and my federal refund went to my H&R Emerald Credit Card...So I am sure they go by the federal and then I would get a check instead of direct deposit......I'm still glad we are getting something back...Gas prices are killing me! :D

Unfortuneately,checks are going to take awhile.

Hope not too long! :D

Does anyone have an answer to the "what if you owe money?" question? Also on a joint return which SSN would they use?

frog, I don't know about the "what if you owe money" part, but I did read that the primary person is the social security number they will use.

If you owe mney to the IRS you will have your check applied to your debt. I know that i am not getting my check because of that. I am on a payment plan and any stimulas or refunds go to pay that down.

I've spoken with two different people from the IRS. One said that you won't get one if you owe and another said that as long as you aren't behind on your payments you will get it. I'm not sure who to believe. If we get anything it will be by the 9th of this month. I'll let you know.

Im not behind on my payments. They take it directly out of my account, and when I called they told me I would not be getting one. I never even got a letter regarding the stimulas payment.

I am on CNC or currently not collectable because my expenses to income ratio do not make payments possible in the eyes of the IRS. I sure could use the money for car repairs and dental work. I have no AC and it is hot in Florida already.

frog, have you received a letter from the IRS at all regarding the stimulus check?

I talked to a 7-11 owner this morn..he said he has had probs with IRS and his accountant absolutely assured him his $1800 would be confiscated...said he always has had probs with IRS...I asked "Have they ever levied your accounts?" He said NO..I stated then you havent really had probs with IRS YET...
he says he got two checks returned that he then cashed that were stated as "overpayment" from irs then later got statement for fines for not paying on time..
his stimulus check will now get held according to his accountant.. I think if you owe any type of money to gov it will be witheld in exactly same manner as income tax refund is witheld.. :) :) I hope I am wrong :D

Cannr, to anser your question from yesterday, no I have had no communication from the IRS since going on CNC. I just know that they are piling on interest. I have a tax lawyer for when the time comes to start paying again!

Here is the answer taken from the ORS site. Not what I wanted to read read but it is what it is:

Q. I'm eligible for a payment but I still owe federal income tax from a prior year. Will my payment be reduced?

A. Yes. For this purpose, the stimulus payment is treated like any other tax refund. This means that part or all of your payment can be used to pay past-due federal or state income taxes or non-tax federal debt such as student loans and child support.