DRT releases additional $124K in EIP program payments

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The Guam Department of Revenue and Taxation DRT has announced that on Thursday, Nov. 5, 2020, DRT processed 93 EIP Program payments totaling about $ 124,566.00.

Altogether, for the months of April 2020 through October 2020, DRT processed 82,404 EIP Program payments totaling about $145 million. This represents about 96.60% 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.

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