Gov. Ralph DLG Torres and Lt. Gov. Arnold I. Palacios announced on Wednesday that the Department of Finance is set to release its first distribution of 3,039 tax refund checks for the Additional Child Tax Credit (ACTC) amounting to $5.54 million.<\/p>\n
\u201cWe thank our community\u2019s patience as Finance and Rev & Tax work hard to process these tax returns for distribution this week. Lt. Gov. Palacios and I thank Secretary of Finance David DLG Atalig and director of Revenue and Taxation Tracy B. Norita, as well as their hardworking teams, for their hard work and dedication to getting these checks out to families,\u201d said Torres.<\/p>\n
Taxpayers who selected direct deposit on their 1040CM tax return will receive this refund in their designated bank accounts. The Division of Revenue and Taxation (DRT) continues to process tax returns that claim the ACTC to get these funds out as quickly as possible.<\/p>\n
DRT has seen an increase in error flags for the ACTC, due to many taxpayers improperly claiming dependents. Tax returns that have been amended multiple times due to corrections to number of dependents have been held for further review and audit. These amendments were mostly related to the issuance of the Economic Impact Payments, better known as the \u201cstimulus checks.\u201d<\/p>\n
\u201cThe Division of Revenue and Taxation is working diligently to process all tax returns as they are received so that these taxpayers will be included in the subsequent check releases,\u201d said Atalig.<\/p>\n
All taxpayers are asked to allow two weeks\u2019 time for time for the U.S. Postal Service to sort and distribute mail. (PR)<\/p>\n","protected":false},"excerpt":{"rendered":"
Gov. Ralph DLG Torres and Lt. Gov. Arnold I. Palacios announced on Wednesday that the…<\/p>\n","protected":false},"author":28,"featured_media":328377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[900],"tags":[],"class_list":["post-328781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/328781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=328781"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/328781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media\/328377"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=328781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=328781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=328781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}