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Rebate Checks Start Rolling Out Today

Millions of Americans will be getting money from the federal government starting today.

More than 7-million people will get electronic rebates this week. After that, paper checks will start arriving by mail.

President Bush says the I.R.S. Rebate checks will help boost the struggling economy. The most a single person will receive is $600. Couples are eligible for up to $1200.

Stores like Wal-Mart and Kroger are offering things like cashing the checks on site - or bonus money if you convert the checks into gift cards.

An Associated Press-Ipsos poll of taxpayers found that only 19% say they'll go out and spend their checks, while 45% say they'll use the money to pay bills.

When your refund will arrive is based on the last two digits of your social security numbers.
You can check the status of your rebate check by logging onto the IRS website, www.irs.gov, or by calling 1-800-829-4477.


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