Starting in May, the Treasury will begin sending economic stimulus payments to more than 130 million households. To receive a payment, taxpayers must have a valid Social Security number, $3,000 of income and file a 2007 federal tax return. IRS will take care of the rest. Eligible people will receive up to $600 ($1,200 for married couples), and parents will receive an additional $300 for each eligible child younger than 17. Millions of retirees, disabled veterans and low-wage workers who usually are exempt must do so this year in order to receive a stimulus payment.

Do I qualify for the 2008 Economic Stimulus Payment?
In order to qualify for the 2008 Economic Stimulus Payment you must file a 2007 Federal Tax Return. Even if you normally do not file a Federal return you will need to this year in order to get the Stimulus Payment.
You qualify for the stimulus payment if you had at least $3,000.00 of qualifying income.

• Earned income (wages, salaries, tips, net self-employment)
• Social Security (not SSI payments)
• Certain Railroad Retirement benefits
• Veteran’s benefits, including disability compensation and pension or survivor’s benefits
• Nontaxable combat pay if the taxpayer elects to include it as earned income for purposes of the Earned Income Tax Credit.

• Supplemental Security Income (SSI)
• Interest and dividends
• Pensions and IRAs

When will I get my 2008 Economic Stimulus Payment?
Payments will begin going out on May 2, 2008. Payments will be distributed based on the last two digits of a taxpayer’s Social Security number and whether they chose to have their payment direct deposited or mailed to them.

Payment Schedule

How much money will I receive from the 2008 Economic Stimulus Payment?
Eligible individuals will receive between $300 and $600. Eligible married couples filing jointly will receive between $600 and $1200. In addition to the previously stated amounts, parents can expect $300 per qualifying child. In order to qualify, the child must have been under the age of 17 on December 31, 2007, and qualifies for the Child Tax Credit on your Federal tax return.

The payment amount will begin to phase out if your income is above $75,000 for individuals and $150,000 for married couples filing jointly.

Important information for people who normally would not be filing a 2007 Federal Tax Return.
You must file a 2007 Federal Tax Return in order to receive an economic stimulus payment!

Super Saturday - March 29, 2008
Approximately 320 IRS offices located in all 50 states and the District of Columbia will be open on Super Saturday to prepare the simple Form 1040A for people who are filing a return solely to receive their stimulus payment. Operating hours will be 9 a.m. to 3 p.m., although some may be open longer. IRS employees will help prepare the Form 1040A returns for low-income workers, retirees, disabled veterans and others.

Super Saturday Locations in West Virginia

For additional information you can call the IRS Rebate Hotline at 1-866-234-2942 or visit their website at www.irs.gov.