The IRS has announced that it will start sending the economic stimulus tax rebate checks starting on May 2, with the first round of weekly payments to be completed by early July. In addition, the IRS has launched an Online Tax Rebate Calculator to help people determine the amount of their rebate check.

Rebate check direct deposit or mailings will be made according to the last two digits of your Social Security numbers as follows:

Direct Deposit: Depending on the last two numbers of your Social Security Number, your rebate should be deposited by:

00-20: May 2
21-75: May 9
76-99: May 16

By Mail: Depending on the last two numbers of your Social Security Number, your rebate check should be mailed 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

Where's My Rebate? Find Out Here

Complete Details on Rebate Scheduling from IRS

The IRS advises that a "small percentage" of returns will require additional time to process and to compute a stimulus payment amount. For these returns, stimulus payments may not be issued in accordance with the schedule above, even if the tax return was processed by April 15.

Extended or Late Filers: To ensure you receive your stimulus payment this year, the IRS requires you must file a tax return by Oct. 15.

Your Rebate May be Reduced: According to the IRS, all or part of your rebate may be applied to back taxes or certain other debts, such as delinquent child support and student loans. In such cases, the IRS will send a letter explaining the reduction.

More Tax Rebate Resources
Where's My Rebate? Find Out Here
Tax Rebate Information Directory
IRS Publishes 2008 Tax Rebate Check Details
IRS Launches Tax Rebate Information Center
Will I Have to Pay Taxes On My Rebate?
To Get $300 Rebate, Kids Must Have SS Number
SSI and the Tax Rebate Checks
What if I Filed Before the Tax Rebate was Approved?
Tax Rebate Checks Become Scammer's "Bait"