Tax Rebate Check Will Soon Be In The Mail
July 7, 2008
(CNSNews.com) - Notices describing how much of a refund taxpayers should expect in the mail are headed for taxpayers' mailboxes. The first tax rebate checks will be mailed out at the end of the week.
The notices will tell much of the rebate - $300 for a single taxpayer, $500 for heads of household, and $600 for a married couple filing jointly - a taxpayer will receive and when to expect the refund. Those who will not be getting a check this year will be told why.
"People won't need to call the IRS because we've made the entire process automatic," said IRS Commissioner Charles Rossotti.
Some Democrats tried to stop the notices from being sent out by deleting the $33 million necessary to pay for them from a spending bill. They complained that the notices, which mention Bush and Congress in the first paragraph, had partisan overtones.
Rossotti said the main reason for the notice is to inform taxpayers and prevent the IRS from being flooded with calls about tax rebate checks.
"It's as easy as opening your mailbox," he said. "All taxpayers have to do is cash the check."
The refund checks represent an advance payment for the new 10 percent income tax rate on the first portion of taxpayer income, which is retroactive to Jan. 1. The new rate will remain in place in the coming years.
White House spokesman Ari Fleischer said the Bush administration is looking into long-term ways of overhauling the tax code.
Fleischer said talks are in "the very, very preliminary stage."
"They're looking at a host of ways of making the tax code fairer, flatter, more simple," he said.
Those who filed for extensions this year won't get the notice or check until their 2000 tax returns are filed and processed by the IRS. Those who don't qualify for a check, for example, a person who was claimed as a dependent on someone else's return, can claim a credit for the rebate on next year's tax return if their status changes.
The checks go out on Friday, beginning with taxpayers whose Social Security numbers end in 00 through 09. They continue each week through the end of September, when taxpayers whose Social Security numbers end in 90 through 99, should receive their checks.