Hot Diggity-Rebate coming earlier than expected

Chat about anything and everything... (well almost anything) Whether it be the front porch or the pot belly stove or news of interest or a topic of your liking, this is the place to post it.

Moderator: S2k Moderators

Message
Author
User avatar
angelwing
S2K Supporter
S2K Supporter
Posts: 4462
Age: 64
Joined: Tue Jan 18, 2005 3:06 pm
Location: Kulpsville, PA

Hot Diggity-Rebate coming earlier than expected

#1 Postby angelwing » Thu Apr 24, 2008 7:10 pm

Tax Rebate Check to Come Early
WASHINGTON (Reuters) - The U.S. Treasury will start sending tax rebate checks to Americans next week, ahead of its previous schedule, and aims to pump $50 billion into the U.S. economy by the end of May, Treasury Secretary Henry Paulson said Thursday. "We will start a bit earlier. We're a little bit ahead of schedule, so we will start right on Monday with direct deposits," Paulson told Reuters in an interview. What Do You Plan to Do With Your Check? Tell ABC News (/Business/PersonalFinance/story?id=4156165) Previously, the Treasury had planned to begin tax rebate payments in early May as part of a $152 billion stimulus plan passed in February. The checks had to wait until after the Internal Revenue Service processed the bulk of tax...



4.24.08 - Updated 7:01pm ET
Copyright (c) 2008 ABCNews Internet Ventures
0 likes   

User avatar
gtalum
S2K Supporter
S2K Supporter
Posts: 4749
Age: 49
Joined: Tue Sep 07, 2004 3:48 pm
Location: Bradenton, FL
Contact:

#2 Postby gtalum » Thu Apr 24, 2008 7:25 pm

Oh goody, we can go further into debt even earlier than planned.
0 likes   

User avatar
feederband
S2K Supporter
S2K Supporter
Posts: 3423
Joined: Wed Oct 01, 2003 6:21 pm
Location: Lakeland Fl

Re:

#3 Postby feederband » Fri Apr 25, 2008 11:46 am

gtalum wrote:Oh goody, we can go further into debt even earlier than planned.


Actually me personally will be erasing some debt...
0 likes   

User avatar
gtalum
S2K Supporter
S2K Supporter
Posts: 4749
Age: 49
Joined: Tue Sep 07, 2004 3:48 pm
Location: Bradenton, FL
Contact:

Re: Re:

#4 Postby gtalum » Fri Apr 25, 2008 12:17 pm

feederband wrote:Actually me personally will be erasing some debt...


I was talking nationally. :)
0 likes   

User avatar
feederband
S2K Supporter
S2K Supporter
Posts: 3423
Joined: Wed Oct 01, 2003 6:21 pm
Location: Lakeland Fl

Re: Re:

#5 Postby feederband » Fri Apr 25, 2008 12:27 pm

gtalum wrote:
feederband wrote:Actually me personally will be erasing some debt...


I was talking nationally. :)


Oh...I just live here man... :lol:
0 likes   

User avatar
Beam
Category 1
Category 1
Posts: 292
Joined: Fri Aug 19, 2005 2:06 pm

Re: Hot Diggity-Rebate coming earlier than expected

#6 Postby Beam » Fri Apr 25, 2008 12:58 pm

So will there be any change for folks like me who didn't have direct deposit? Or do I still have to wait until freakin' July?

Not that I approve of this whole stimulus idea, but hey, 600 bucks is 600 bucks.
0 likes   

User avatar
gtalum
S2K Supporter
S2K Supporter
Posts: 4749
Age: 49
Joined: Tue Sep 07, 2004 3:48 pm
Location: Bradenton, FL
Contact:

#7 Postby gtalum » Fri Apr 25, 2008 1:23 pm

On the bright side, mine is going straight to my savings account to act as part of my emergency fund, because after we close on our new house in June we'll be broke as heck. :lol:
0 likes   

User avatar
dizzyfish
S2K Supporter
S2K Supporter
Posts: 1519
Joined: Fri Sep 16, 2005 7:56 am
Location: New Port Richey, FL

Re: Hot Diggity-Rebate coming earlier than expected

#8 Postby dizzyfish » Fri Apr 25, 2008 5:36 pm

:uarrow: Ours is going to the savings account too. Hopefully we won't have to tap it to buy gas. :cheesy:
0 likes   

User avatar
Jinkers
Category 1
Category 1
Posts: 471
Joined: Wed May 23, 2007 10:34 pm
Location: Pembroke Pines, Florida
Contact:

#9 Postby Jinkers » Fri Apr 25, 2008 6:45 pm

I will get mine by direct deposit, so I guess I should start looking for it on Monday. I will be using mine to help my debt deficit-lol, and the rest goes in my savings.
0 likes   

User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

Re: Hot Diggity-Rebate coming earlier than expected

#10 Postby Stephanie » Sun Apr 27, 2008 9:48 am

It's going to help me pay for the gas I need to get to and from work. At least that won't increase my credit card debt. Also, some of it will go towards my annual gardening expenses that normally go on the credit card.
0 likes   

User avatar
Yankeegirl
Category 5
Category 5
Posts: 3417
Age: 49
Joined: Sun May 23, 2004 11:59 pm
Location: Cy-Fair, Northwest Houston
Contact:

Re: Hot Diggity-Rebate coming earlier than expected

#11 Postby Yankeegirl » Mon Apr 28, 2008 1:53 pm

Well I have not seen the money deposited into my account as of yet... The last 2 numbers of my hubbys ss is 01. I hope to see it post after midnight tonight... I hope!! I am getting a Mac with it, this old PC just isnt cuttin it anymore!! We are gettting direct deposit, but i thought we would see it today, as the irs site says, should start receiving rebate checks on april 28. Maybe they mean its going to be dated the 28 but deposited the 29th? I dunno.... just really needed it today!!!
0 likes   

User avatar
feederband
S2K Supporter
S2K Supporter
Posts: 3423
Joined: Wed Oct 01, 2003 6:21 pm
Location: Lakeland Fl

#12 Postby feederband » Mon Apr 28, 2008 2:53 pm

Dont know anyone personally but on other forums there are a few that got it today...
0 likes   

User avatar
Yankeegirl
Category 5
Category 5
Posts: 3417
Age: 49
Joined: Sun May 23, 2004 11:59 pm
Location: Cy-Fair, Northwest Houston
Contact:

Re: Hot Diggity-Rebate coming earlier than expected

#13 Postby Yankeegirl » Mon Apr 28, 2008 5:21 pm

Well thats good to hear.... I dont wanna wait till Friday!!

"Its my money, and I need it NOW!!" :lol: :lol:
0 likes   

User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

Re: Hot Diggity-Rebate coming earlier than expected

#14 Postby Stephanie » Mon Apr 28, 2008 6:51 pm

Mine didn't hit my account today. Maybe tomorrow.
0 likes   

User avatar
Yankeegirl
Category 5
Category 5
Posts: 3417
Age: 49
Joined: Sun May 23, 2004 11:59 pm
Location: Cy-Fair, Northwest Houston
Contact:

Re: Hot Diggity-Rebate coming earlier than expected

#15 Postby Yankeegirl » Tue Apr 29, 2008 9:43 pm

I am still waiting for my check... has anyone gotten theirs yet?
0 likes   

User avatar
feederband
S2K Supporter
S2K Supporter
Posts: 3423
Joined: Wed Oct 01, 2003 6:21 pm
Location: Lakeland Fl

Re: Hot Diggity-Rebate coming earlier than expected

#16 Postby feederband » Wed Apr 30, 2008 1:01 pm

Yankeegirl wrote:I am still waiting for my check... has anyone gotten theirs yet?


I heard of a few yesterday ....But none today...And there will be none on thursday and then 5 million people on Friday...
0 likes   

User avatar
LSU2001
S2K Supporter
S2K Supporter
Posts: 1711
Age: 57
Joined: Sat Sep 11, 2004 11:01 pm
Location: Cut Off, Louisiana

Re: Hot Diggity-Rebate coming earlier than expected

#17 Postby LSU2001 » Wed Apr 30, 2008 9:28 pm

Does anyone find it downright scary that the Govt. is basically saying that the economy is tanking so badly that we are going to give taxpayers "free money" to "stimulate" the sagging economy. When was the last time that the Govt. did this?
Even in the last official recession this type of action was not necessary so what is different this time?
maybe I am too paranoid but when the Govt wants to give me something I get worried.
Tim
0 likes   

User avatar
gtalum
S2K Supporter
S2K Supporter
Posts: 4749
Age: 49
Joined: Tue Sep 07, 2004 3:48 pm
Location: Bradenton, FL
Contact:

Re: Hot Diggity-Rebate coming earlier than expected

#18 Postby gtalum » Thu May 01, 2008 6:25 am

LSU2001 wrote:Does anyone find it downright scary that the Govt. is basically saying that the economy is tanking so badly that we are going to give taxpayers "free money" to "stimulate" the sagging economy. When was the last time that the Govt. did this?


They did it in 2001. It didn't work then, and it won't work now.

The good news is that despite forecasts, we're still not actually in a recession. GDP grew again last quarter, though not by much.
0 likes   

User avatar
southerngale
Retired Staff
Retired Staff
Posts: 27418
Joined: Thu Oct 10, 2002 1:27 am
Location: Southeast Texas (Beaumont area)

Re: Hot Diggity-Rebate coming earlier than expected

#19 Postby southerngale » Thu May 01, 2008 10:50 am

gtalum wrote:
LSU2001 wrote:Does anyone find it downright scary that the Govt. is basically saying that the economy is tanking so badly that we are going to give taxpayers "free money" to "stimulate" the sagging economy. When was the last time that the Govt. did this?


They did it in 2001. It didn't work then, and it won't work now.

The good news is that despite forecasts, we're still not actually in a recession. GDP grew again last quarter, though not by much.


Give them time. I'm sure the media will scare everyone into one before long.
0 likes   

User avatar
coriolis
Retired Staff
Retired Staff
Posts: 8314
Joined: Wed Feb 05, 2003 10:58 pm
Location: Muncy, PA

#20 Postby coriolis » Thu May 01, 2008 11:42 am

For anyone that's interested: If you did an H&R block rapid refund, or another type of refund anticipation loan, you will get a paper check. The rebate will not go through the preparer.

Based on the original schedule, I would be getting mine in july. I knew that they were accelerating the direct deposits, but I hadn't heard that they were accelerating the paper checks.
0 likes   


Return to “Off Topic”

Who is online

Users browsing this forum: No registered users and 3 guests