Tax Rebates

A mock-up of a tax rebate check waits for House Speaker <a class="taxInlineTagLink" id="PEPLT005126" title="Nancy Pelosi" href="/topic/politics/government/nancy-pelosi-PEPLT005126.topic">Nancy Pelosi</a>, House Majority Leader Steny Hoyer and House Minority Leader John A. Boehner to arrive for a news conference on tax rebates.  On Monday, the <a class="taxInlineTagLink" id="ORGOV000051" title="U.S. Department of the Treasury" href="/topic/business/economy/u.s.-department-of-the-treasury-ORGOV000051.topic">Treasury Department</a> will begin delivering the first of these tax rebates by direct deposit. During the first week alone nearly 7.7 million Americans will receive their tax rebates electronically. Then on May 9, 2008, the <a class="taxInlineTagLink" id="ORGOV000010" title="Internal Revenue Service" href="/topic/business/internal-revenue-service-ORGOV000010.topic">IRS</a> mailed checks to millions more across America.
sns-irsinfo-filingstimuluschecks-photo

( SCOTT J. FERRELL/CONGRESSIONAL QUARTERLY/GETTY IMAGES / April 25, 2008 )

A mock-up of a tax rebate check waits for House Speaker Nancy Pelosi, House Majority Leader Steny Hoyer and House Minority Leader John A. Boehner to arrive for a news conference on tax rebates. On Monday, the Treasury Department will begin delivering the first of these tax rebates by direct deposit. During the first week alone nearly 7.7 million Americans will receive their tax rebates electronically. Then on May 9, 2008, the IRS mailed checks to millions more across America.

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