Public Notices Portal - Government of Guam

$5.9 Million in Individual Tax Refunds Paid

PRESS RELEASE

Posted on: 03/09/2023 02:57 PM
Posted by: Daylin Pelletier, Communications Department
Department(s): OFFICE OF THE GOVERNOR OF GUAM
Division(s): COMMUNICATIONS OFFICE
Notice Topic(s): PRESS RELEASE
Types of Notice: PRESS RELEASE
For Audience(s): PUBLIC
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Hagåtña, Guam – On March 3, 2023, the Department of Revenue & Taxation processed and the Department of Administration mailed checks, or paid by direct deposit, 1,700 Individual Tax refund payments totaling $5,911,684 for Tax Year 2022 and prior error-free returns for returns filed on, or before, February 1, 2023.

Refunds paid this week total 1,700, of which 1,659 (98%) were for Early Filers for Tax Year 2022.

Refunds paid fiscal year-to-date total 11,079, of which 8,075 (73%) were for Early Filers for Tax Year 2022.

Refunds continue to be paid weekly. Due to the surge in the volume of returns filed daily for Tax Year 2022, turnaround time will fluctuate between three to six weeks.

NOTE: Individuals receiving payment by direct deposits will see a $0 transaction in their bank account prior to receiving$ their refunds (-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.