Internal Revenue Bulletin:  2008-20 

May 19, 2008 

EMPLOYEE PLANS


Table of Contents

Announcement 2008-44 Announcement 2008-44

Economic stimulus payment; direct deposit; tax favored account. This announcement provides that individuals who have payments made by direct deposit under the Economic Stimulus Act of 2008 to their IRAs or certain other accounts afforded special tax benefits under the Code may remove the payments without incurring any adverse tax consequences.


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