Ok, the IRS has a “official”calculator on their site to help determine exactly how much you will be getting back for your rebate (aka Economic Stimulus Payment). You will need your 1040 tax form and it will take a few minutes to complete. But remember this is just a estimate!

There is even a pay schedule now for those of us that want to know when do I get my money? I need it now! Economic stimulus payments will be issued according to the last two-digits of the main filer’s Social Security number. People who use direct deposit also will be among the first to receive the payments starting May 2. Paper checks will be put in the mail starting May 16.

DIRECT DEPOSIT

PAPER CHECK

People who file a return after April 15 will receive their economic stimulus
payment, but probably about two weeks later than the schedule shows. A
return must be filed by October 15 in order to receive a stimulus payment
this year.

The IRS website has lots of great information to answer all the questions we all have.

Recipients of Social Security Benefits

Recipients of Veterans’ Benefits

Railroad Retirement Recipients

Low-Wage Workers

The IRS has even went as far as to give examples of different tax scenarios:

Married with Children

Married without Qualifying Children

Married Filing Separately

Single (Head of Household) with Children

Single without Qualifying Children