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July 11, 2008

Tax rebate: Week 11 wrap-up

tax rebate checkDrumroll please!

Prepare yourself for the latest --- and possibly final! --- tax rebate update from the U.S. Treasury Department.

This week, they sent out the last of the mass distributions of paper checks for the stimulus payments so many have been waiting so long to receive.

How much was sent out? About 7.530 million economic stimulus payments to American households, totaling $5.755 billion.

That brings the grand total, based on 112.405 million payments, to $91.834 billion. 

Sure, the treasury be sending out more checks until everyone who has applied for them (and is eligible) has been paid, probably before Oct. 15. But no more giant mailings. And maybe no more updates!

So don't forget, in your travels ... 

to ask your friends and neighbors --- particularly older adults who might not have filed taxes in years --- whether they have received their money. More than 97,000 Marylanders hadn't received their rebate checks, as of the end of June.

And if you've been tapping your foot in front of your mailbox for weeks, you can always call the IRS's Stimulus Payment Hotline at 1-866-234-2942 to see what's the deal.

Posted by Liz Kay at 1:02 PM | | Comments (0)
Categories: Tax rebates
        

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