$6.9M in Individual Tax Refunds Paid

$6.9M in Individual Tax Refunds Paid

PRESS RELEASE

Hagåtña, Guam – On March 13, 2023, the Department of Revenue & Taxation processed and the Department of Administration mailed checks, or paid by direct deposit, 2,267 Individual Tax refund payments totaling $6,937,464 for Tax Year 2022 and prior error-free returns for returns filed on, or before, February 5, 2023.   

 

Refunds paid this week total 2,267, of which 2,236 (99%) were for Early Filers for Tax Year 2022

 

Refunds paid fiscal year-to-date total 13,348, of which 10,311 (77%) 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 begin to fluctuate between 3-6 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 emailing pinadmin@revtax.guam.gov.

 
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