DRT releases additional $1.5 million in EIP program payments

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The Guam Department of Revenue and Taxation announced that on Friday, September 4, 2020, DRT processed 1,118 EIP Program payments totaling about $1.5 million.

Altogether, for the months of April 2020 through August 2020, DRT processed 80,222 EIP Program payments totaling about $142 million. This represents about 94.5% of the total funding received from the U.S. Treasury.

DRT is processing EIP Program payments on a weekly basis. All EIP Program checks processed are transmitted to the Treasurer of Guam for mailing. The last batch was transmitted on Friday, September 4, 2020.

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 October 15, 2020, by all filing mechanisms allowed by Guam DRT, will be able to receive their payments by December 31, 2020. Anyone who files after October 15, 2020 will be required to file their 2020 income tax return in order to receive a credit for the Economic Impact Payment.

(DRT News Release)

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