The IRS has announced that they will begin sending out rebate money starting next week. This is ahead of schedule. If you did not file a tax return for 2007, you will not receive any rebate, even if you are eligible. But it is not too late to file. All qualifying returns submitted by October 15, 2008 will receive a minimum of $300 this year.
Qualifying returns are those with a tax liability or at least $3,000.00 in qualifying earned income. Earned income for this purpose includes wages, self-employment income, Social Security benefits (but not SSI) and Veterans Disability Payments.
At The Internal Revenue Service web site (http://www.irs.gov/) you can find a rebate calculator and further information.