Dude, where’s my rebate?

May 16th, 2008 | By SebLiving

Unless you’ve been intentionally avoiding the news, odds are you know whether or not you have a rebate check coming your way. I could rehash the same old information about how much you’ll be getting, if any. But you’ve already done the math and know just how much Uncle Sam is cutting you a check for. But when is it supposed to show up?

The IRS is delivering the checks in two different ways. How you receive your check is dependent on how you filed you requested your 2007 tax refund. If you provided the IRS with a routing and transit number to your checking account, your rebate will be directly deposited into your account. If, however, you elected to have your refund mailed to you, your rebate check will be delivered to your courtesy of the United State Postal Service.

Direct deposits
Is your rebate check supposed to be directly deposited into your account? If it is, odds are you already received it. The last direct deposits should have gone out today, so check your account balance to see if you received a nice little gift from the U.S. government.

Mailed checks
So you decided to go the old school route by having the IRS mail you a check. Having your check mailed to you is quite a statement. After all, holding on to your rotary phone, pet rock, bell bottom jeans, and lava lamp just isn’t enough. A physical, mailed check is the only thing that can complete your vision. All kidding aside, the IRS will mail out checks according to the last two digits of your social security number:

00 - 09: May 16
10 - 18: May 23
19 - 25: May 30
26 - 38: June 6
39 - 51: June 13
52 - 63: June 20
64 - 75: June 27
76 - 87: July 4
88 - 99: July 11

So if you opted to have your rebate directly deposited into your account, you should have it by now. If, on the other hand, you went the snail mail route, you should expect to see your check anytime from a few days from now to the middle of July. If that’s the case, mark your calendar. You might still have a wait ahead of you.

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Disclaimer: The authors of Pinching Copper are not professional financial advisers and no text within this website should be considered financial advice. Any individual who makes financial decisions based solely on the information contained within does so at their own risk. Always consult a financial professional.