$5.66M in tax refunds to reach nearly 2,000 filers this week
Pacific Daily News
The Department of Administration will be sending checks and making direct deposits to error-free filers soon.
About $5,662,968 in tax refunds, including those garnished for government obligations, will be on the way to tax filers who filed tax year 2020 and prior year tax returns on or before Feb. 18.
$200.7M in stimulus checks processed by Rev and Tax
Pacific Daily News
From April 10 through April 30, Rev and Tax processed about 76,300 payments totaling $200.7 million:
April 10: $53,839,424
April 13: $35,127,767
April 14: $37,061,899
April 15: $35,019,483
April 16: $33,464,386
April 22: $3,042,188
April 30: $3,154,101
The third-round of Economic Impact Payments was authorized by the American Rescue Plan Act of 2021, signed into law by President Biden March 11.
Most on Guam will get $1,400 $2,800 for joint filers plus an additional $1,400 for each dependent child. Individuals earning up to $75,000 and married couples with incomes up to $150,000 will receive the full payments. Payments decrease for incomes above those thresholds, phasing out for those making more than $80,000 and married couples making more than $160,000.
Tax filing deadline pushed to May 17, $62,214 in EIP released guampdn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guampdn.com Daily Mail and Mail on Sunday newspapers.
$1.6 million in EIP checks processed
Staff Reports
EIP 2 was authorized by the COVID-related Tax Relief Act of 2020.
Checks were transmitted to the Treasurer of Guam for mailing this week.
To date, the agency processed 75,047 EIP 2 checks totaling $78,814,608, the release stated. March 19 is the last date that EIP 2 checks will be made.
$1 6M more in EIP processed kuam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuam.com Daily Mail and Mail on Sunday newspapers.