Tax Rebate: Week 4 Wrap-Up
I know you've been dying with anticipation for this. So here goes.
This week the Treasury Department sent out 6.211 million economic stimulus payments to American households totaling $4.927 billion.
The grand total so far is 51.675 million total economic stimulus payments totaling $45.720 billion.
The Treas (I feel like I can call them that given that we've been talking about them so much lately) says this week's numbers represent the near completion of all direct deposits, with the continued mailing of paper checks.
Treasury facilities are still also working on completing the mailing of regular tax refund checks, and thus are not at full capacity for printing and mailing stimulus checks. In June, once the regular tax refund mailings are complete, Treasury will print and mail stimulus checks at full capacity and weekly volumes will increase.
Holler back at us if you've still seen not a cent of your rebate yet. Or if you want to tell us how you've already spent it...er... I mean responsibly saved it.
Have a good holiday weekend you cheeky monkeys!
Comments
i bought myself a charlie daniels wishig well
Posted by: robie | May 24, 2008 8:10 AM
have you met jenna yet?
DD: Nope, but I kept a sharp eye out for her while I was out all night in Federal Hill on Friday.
Posted by: robie | May 26, 2008 8:22 AM
We have not received anything yet. According to info I have read up to this point, on your blog and from other sources, we should have received our funds via direct deposit by now. They should have been sent May 9. Even if we went by the last two digits of my wife's SSN, instead of mine, the latest the money should have been sent is May 16. We have seen nothing. We did our taxes via a 3rd party e-filing, but did NOT have them deduct the cost of the filing from any rebate (in fact, we owed on federal taxes anyway). I guess we'll be lucky to get a paper check at this point. What a joke.
DD: PK, I'm not sure what to tell you. Did you try calling that number to find out where your rebate went?
Posted by: PK | May 27, 2008 4:34 PM
I found the number 1-866-234-2942 on irs.gov, but it begins with the vague statement that those receiving direct deposit stimulus payments should receive them "within the next few weeks". Of course, they don't tell you when that message was recorded, so "the next few weeks" could be in effect in perpetuity. I didn't have the time to spend waiting for a real person to get on the phone, who likely wouldn't be able to tell me anything different anyway.
DD: PK, please let us know if and when you finally see it in the mailbox or your account.
Posted by: PK | May 28, 2008 10:46 AM