DRT releases $4.4 million in tax refunds, $222,051 in EIP program payments

(PNC graphic by Ricky De Guzman)

The Department of Revenue & Taxation has processed and the Department of Administration will mail 1,874 2019 tax refund checks this week.

The checks total approximately $4,414,436, including refunds garnished to repay government debts for error-free returns filed on or before May 21, 2020.

In addition, DRT announces that on Thursday, November 19, 2020, DRT processed 130 EIP Program payments totaling about $222,051.

Altogether, for the months of April 2020 through October 2020, DRT processed 82,646 EIP Program payments totaling about $145 million.

This represents about 96.87% of the total funding received from the U.S. Treasury.
In line with the CARES Act, DRT will continue to process EIP Program payments through December 31, 2020.

Consistent with the IRS, Guam DRT urges all eligible non-filers to file their Forms EIP-NF as quickly as possible so that they will be able to receive their EIP Program payment.

Only eligible, Guam Form EIP-NF filers who file by November 21, 2020, by all filing mechanisms allowed by Guam DRT, will be able to receive their payments by December 31, 2020.

Anyone who files after November 21, 2020, will be required to file their 2020 income tax return in order to receive a credit for the Economic Impact Payment.