More than a quarter of those receiving economic stimulus payments this year should have their money in mid-May, according to information from the IRS. The date stimulus payments will be distributed will be based on the last two digits of the filer's Social Security number. Those who opted to receive their federal income tax refund via direct deposit will receive their stimulus payment sooner than those who will be sent their money by paper check. Direct deposits will be made from May 2 to May 16, while paper-check mailings will run from May 16 to July 11. Individuals who make at least $3,000 in qualifying income can receive a stimulus payment. Here is the schedule for economic stimulus payments:
Direct deposit
Last two digits of SSN Stimulus payment sent by:
· 00-20 ...........................May 2
· 21-75 ...........................May 9
· 76-99 ...........................May 16
Paper checks
Last two digits of SSN Check in the mail by:
· 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
Direct deposit
Last two digits of SSN Stimulus payment sent by:
· 00-20 ...........................May 2
· 21-75 ...........................May 9
· 76-99 ...........................May 16
Paper checks
Last two digits of SSN Check in the mail by:
· 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
