This information came to me from one of my Best Sources!!    Thanks JMH!!    I wanted to share.      I plan to send it to my entire past and current client database as a marketing piece.    I think my clients will want to know exactly when they will get their check from Uncle Sam for either $600 to about several thousand dollars depending on how many children they have and why.   Each child is worth $300 in rebate check. 

Below is a schedule for the issuance of the Tax Relief Checks this summer.
 

The check is in the mail
WeekLast 2 digits of your SSNReceive your check by week of
100 - 09July 23
210 - 19July 30
320 - 29August 6
430 - 39August 13
540 - 49August 20
650 - 59August 27
760 - 69Sept. 3
870 - 79Sept. 10
980 - 89Sept. 17
1090 - 99Sept. 24
For married taxpayers who filed a joint return, the first Social Security Number on the return determines the mailing date. Source: Internal Revenue Service

If you made less than $75,000 in 2007, you get $600. A couple earning less than $150,000 gets $1,200 back, plus an additional $300 per child. If you made at least $3,000 but paid no taxes, you still get $300. But here's where it gets tricky. The rebate is technically an advance credit for your 2008 taxes, leading some to believe the extra money will come out of your refund for next year. It's a one-time stimulus to the economy, and it won't affect anything that anybody has for next year. The IRS gave Call 4 Action the same assurance. Plus, it said you can get another $300 next year on top of the rebate check if you have a child in 2008. And unlike years past, it won't make you pay taxes on that rebate money. But many of you who are elderly or low-income, living off Social Security or veterans benefits, could miss out altogether. To get the rebate check, you must file a tax form for 2007, even if youare not required to do so. Otherwise, you are passing up what is essentially free money.
 
I HOPE THIS INFORMATION CLEARS UP THE MURKY PICTURE OF WHEN ALL OF THIS STIMULUS WILL START TO 
TRICKLE DOWN TO THE LITTLE GUYS!!!     Basically late summer.....
 
AFTER A GREAT WEEKEND>>>>>>        I wonder what this week could bring.   Good things I am sure!!!!    
There has been talk this morning on Squawk Box about getting the Fed involved as a buyer of Mortgage Agency 
Products.....   Mortgage Backed Securites...
THIS WOULD BE GREAT AND BRING SOME CERTAINTY TO AN UNCERTAIN SITUATION!!!!     THE CONVENTIONAL MORTGAGE MARKET.
All the smart people on TV these days seem to realize at least one thing.....     If the average American has to make their way on
what they have right now as a mortgage...     It could be a tough road.      
 
A good percentage of America needs/wants to refinance into a lower FIXED interest rate and hunker down in the house that they like for the long haul..... or the short haul, whatever their 
choice might be.      Without a good bit of these wanne be refinancers getting their refinances accomplished....... the average american consumer's purse strings will continue to be constrained 
for months and years to come.    This means that whatever state the economy is in right now....   a pre Recession, or a Recession 
depending on who you talk to...    this state would be extended, and that we might be in this type of situation for a while.    
 
I VOTE FOR LOWER INTEREST RATES FOR THE REST OF 2008!!!!     NOW WHERE ARE THOSE SUPER DELEGATES AT WHEN I NEED THEM??
 
 
WHO'S WITH ME???

 

6 Comments on FREE MONEY!!!! STRAIGHT FROM THE HORSES MOUTH!!! CHECK OUT WHEN AND WHY YOU WILL GET YOUR TAX REBATE CHECK FROM UNCLE SAM!!!

MAR
10
2008
378,914 Points 2 Featured Posts Localism Sponsor Outside Blog
Not with you on interst rates. If the fed lowers prime like they did last time we may see mortgage rates pop up. If the county devalues the currency anymore and gas continues to saor it would matter much what the interst rates our. Interest rates are only part of the answer.
7:17am • #1

Charlie    I wasn't predicting lower rates...      More hoping for them...   

MY POMS POMS ARE OUT AND I AM CHEERING FOR LOWER RATES!!

I completely agree with you on the Dollar, inflation, and so many other factors...        It would help if the Fed decided to purchase...

A realtor/mortgage guy from Philly can HOPE right?

7:24am • #2
398,838 Points 3 Featured Posts Outside Blog
Thanks for the info.I was hoping to receive it in May.
7:52am • #3

I can only hope! 

Dear Santa, Can we make Christmas a quarterly holiday?

7:59am • #4

GITA     glad I could get you the information...        I am  a newbie on Active Rain, but loving every information sharing minute...        To me..     Active Rain is where realtors that care and get to share....        so many great stories and new ways to do business and serve clients better.     

Have you seen my Ultimate First Time Buying Guides yet?        Let me know if you want a copies...

 

JIM...       Hmmmm     Christmas every quarter...       A retailer's dream come true..       A novel idea!!

8:09am • #5
184,270 Points 2 Featured Posts Outside Blog
I get to pay down some bills in August!  Woo hoo!
3:32pm • #6

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Chris Catanese

Blue Bell, PA

More about me…

Ultimate First Time Buying Guides/Keller Williams Real Estat

Address: 910 Harvest Drive, Blue Bell, Pa , 19422

Office Phone: (215) 646-2900

Cell Phone: (215) 870-3060

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My blog is dedicated to bringing cutting edge market information to my clients and colleagues. I wrote my Ultimate First Time Buying Guides to empower, educate, and motivate new home buyers across the country. Email me to get a FREE copy of my copyrighted Ultimate First Time Buying Guides!!


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