The Guam Department of Revenue and Taxation (DRT) announced today that on Thursday, October 22, 2020, DRT processed 117 EIP Program payments totaling about $ 167,330.00.
Altogether, for the months of April 2020 through October 2020, DRT processed 82,155 EIP Program payments totaling about $144 million. This represents about 96.38% 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 filed 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.