Starting this week, taxpayers will begin to receive the first installment of President Bush's 10-year, $1.35 trillion tax cut in the form of tax refund checks of up to $300 for a single taxpayer, $500 for a head of household, and $600 for a married couple filing jointly.

When will people get the check?

The government will start sending out checks in late July. They will send out nearly 100 million (98 million) checks. The checks will go out over a 10-week period. The Treasury Department will use the last two digits of people's Social Security numbers to determine the order of mailing. Those with 00 at the end of their SS number will be first in line. Those with 99 will be last to get their checks. All of the checks to regular filers will go out before the end of this fiscal year, September 30. For late 2000 filers, there will be some checks that go out after September until December.

 

How much will the rebate check be?

Most singles will receive about $300. Single parents will receive about $500. Couples will receive about $600. But some taxpayers will receive less. These figures are MAXIMUM amounts.

 

SCHEDULE

Date Mailed

Last 2 digits of Social Security Number

20-Jul

00-09

27-Jul

10-19

3-Aug

20-29

10-Aug

30-39

17-Aug

40-49

24-Aug

50-59

31-Aug

60-69

7-Sep

70-79

14-Sep

80-89

21-Sep

90-99

Source IRS