$4.3M in INDIVIDUAL Tax Refunds Paid

$4.3M in INDIVIDUAL Tax Refunds Paid

PRESS RELEASE

Hagåtña, Guam – On July 12, 2023, the Department of Revenue & Taxation processed and the Department of Administration mailed checks or paid by direct deposit 1,753 Individual Tax refund payments totaling $4,275,815.01 for Tax Year 2022 and prior error-free returns for returns filed on, or before, May 14, 2023.   

Refunds paid to date total 48,649, of which 44,104 (91%) were for Tax Year 2022 and prior error-free returns.  The total refunds paid to date is $138,477,567.92.  

Typhoon Mawar and the surge leading to the April 18, 2023 filing deadline pushed the refund payments turnaround to eight weeks.  This gap will close as catchup efforts continue.   

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.

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