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Home›Gross Income›The All-RISE program will be launched soon; $ 800 checks for those who qualify

The All-RISE program will be launched soon; $ 800 checks for those who qualify

By Daniel Bingham
July 3, 2021
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Pacific Daily News
| Pacific Daily News

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Carly Champaco-Munoz, Pacific Daily News

The Department of Revenue and Taxation is preparing to launch the All-RISE program within 30 business days of identifying funds, according to a press release.

On May 25, Governor Lou Leon Guerrero signed Executive Decree 2021-11 which expanded the RISE Act to extend to local and federal government employees in the 2020 tax year, and retirees.

A one-time payment of $ 800 will go to individual filers who earned $ 40,000 or less, and $ 1,600 will go to joint filers who made up to $ 80,000.

Payments are capped at $ 30 million. To be eligible, submit a request to Rev and Tax.

After: Adelup: RISE payments of $ 800 will be made, government employees included

After: Moylan: still no commitment on RISE Act payments

Eligibility

Eligible recipients are Guam taxpayers who:

  • Filing a Guam 1040 Personal Income Tax Return form for the 2020 tax year (replacement: 2019 tax year).
  • Received Form SSA-1099 or Form RRB-1099 for Social Security or Railroad Retirement Benefits for calendar year 2020 and is not required to file a Guam income tax return for years of tax 2020 or 2019.
  • Did not file a Guam tax return for the 2020 or 2019 tax years because he did not meet the income threshold and is not required to file a tax return for the 2020 tax years or 2019.
  • Is a resident of Guam as of 2020.
  • Has an adjusted gross income that does not exceed $ 80,000 for married spousal filers and $ 40,000 for all other filers.

Eligibility is not automatic. While finalized applications are not available until funds are identified, Rev and Tax suggests that applicants who meet the requirements obtain a Mayor’s Residence Certificate.

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