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Article: IRS ANNOUNCES ECONOMIC STIMULUS PAYMENT SCHEDULES, PROVIDES ONLINE PAYMENT CALCULATOR

Article from:
US Fed News Service, Including US State News
Article date:
March 17, 2008
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The U.S. Department of the Treasury's Internal Revenue Service issued the following news release:

The Internal Revenue Service announced today that it will begin sending more than 130 million economic stimulus payments starting May 2. The initial round of weekly payments will be completed by early July.

The IRS also announced the availability of a new online calculator on IRS.gov to help people determine the amount of their stimulus payments.

Stimulus payments will be made by direct deposit to people who choose to receive their 2007 income tax refunds through direct deposit. All others will receive their economic stimulus payments in the form of a paper check.

"To receive an economic ...

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