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Showing 151 to 160 of 226 entries
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$8.2 Million in Tax Refunds Paid 33,000 Early Filers for Tax Year 2021 Paid To Date

PRESS RELEASE

Hagåtña, Guam – On May 12, 2022, the Department of Revenue & Taxation processed and the Department of Administration will be mailing checks, or paying by direct deposit, approximately 2,897 of Fiscal Year 2021 and prior income tax refunds totaling $8,218,482 for error-free returns filed on, or before, March 24, 2022.

 
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The Guam Department of Revenue and Taxation Announces 85 Payments Totaling $80,000 Processed on April 25, 2022

PRESS RELEASE

Barrigada, GU – The Guam Department of Revenue and Taxation (“DRT”) announced that on April 25, 2022, the agency processed an additional 85 payments for the All RISE Program totaling $80,000. The amount comprised 50 paper checks and 35 electronic funds transfers. The top reasons All RISE Program applicants may not have received a payment are: 1. Applicant did not have a validly filed and processed 2020 Guam income tax return 2. Applicant made an error on the application to include error in name, social security number, mailing address, direct deposit information, or filing status DRT continues to review and address errors on the remaining “S” status applications. Please contact DRT’s Call Center at 635-1840/1841/7614/7651/1813 or e-mail pinadmin@revtax.guam.gov with any questions or concerns regarding this.

 
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$9 Million in Tax Refunds Paid

PRESS RELEASE

$9 Million in Tax Refunds Paid 20,000 Early Filers for Tax Year 2021 Paid To Date Hagåtña, Guam – On April 14, 2022, the Department of Revenue & Taxation processed and the Department of Administration mailed checks, or paid by direct deposit, approximately 3,225 Tax Year 2021 and prior income tax refunds totaling $9,080,536 for error-free returns filed on or before February 24, 2022. Tax refund payments continue to be processed and paid within six weeks of filing. As of April 14, 2022, over 20,000 early filers for Tax Year 2021 have been paid their refunds. This represents 73% or $66 million of a total of $90 million refunds paid to date. Tax Year 2021 refunds have consistently made up over 90% of all tax refunds processed weekly since February 24, 2022, when the first batch of Tax Year 2021 refunds rolled out. NOTE: Individuals receiving payment by direct deposit will see a $0 transaction in their bank account prior to receiving their refunds (pre-note). For more information or questions, contact the DRT Call Center at 635-1840/1841/7614/7651/1813. Due to high call volumes, DRT recommends utilizing the ‘Contact Us’ section on myguamtax.com or email pinadmin@revtax.guam.gov. ###

 
Showing 151 to 160 of 226 entries

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