Friday, May 16, 2008

Where's My Tax Rebate?

The President had an idea, and Congress made it law, that individual American tax payers will receive a $600 tax rebate.

I filed electronically, and according to the IRS schedule my rebate should have been direct deposited to my account by May 9th. That didn't happen. Here's why:

"Recently, you may have received a letter from the IRS advising you when to expect your Economic Stimulus Payment (rebate). That IRS letter may have inadvertently left off some important information. Taxpayers who chose to have their tax preparation fees deducted from their federal tax refund will receive their tax rebate in the mail, not via direct deposit."

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