Gov. Eloy S. Inos said yesterday that the first batch of refund, rebate, and child tax credit checks for calendar year 2013 totaling nearly $5 million for almost 6,700 taxpayers were mostly released and mailed out on Saturday, over a month earlier than originally anticipated. The administration expects to release a total of $8 million in checks.<\/p>\n
Residents interviewed yesterday said they were surprised and at the same time thankful that their tax checks have now been released to pay for utility bills and prepare for the school opening this early.<\/p>\n
Joe Crisostomo, 50, said yesterday it\u2019s good Father\u2019s Day news to know that the government has started releasing the checks, adding that he\u2019s expecting some $4,000 in child tax credit checks.<\/p>\n
The father of six children aged 8 to 19 years old said that most of that amount would perhaps go to paying utility bills and other obligations. But the Gualo Rai resident said he will make sure that the school supply needs of his four children who are still in elementary and high school will be taken cared of.<\/p>\n
\u201cWe have so many expenses and obligations and most of the checks will probably go to paying bills. In my years of receiving this check, I think this is among the earliest it\u2019s released by the government,\u201d said Crisostomo in an interview at yesterday\u2019s commemoration of the 70th anniversary of the Battles of Saipan and Tinian.<\/p>\n
Another resident, a 32-year-old from Dandan, hopes that parents will ensure that the child credit checks they receive \u201cwill really go toward their children.\u201d<\/p>\n
\u201cThere are parents who gamble away their money. I hope those who receive their checks will keep the money for their children, when the classes start, to buy them school stuff,\u201d said the resident, who declined publication of his name, so that he said he can talk freely without retaliation from those who know him.<\/p>\n
In an interview yesterday, the governor said the administration didn\u2019t want to hold on the funds that were already made available, thus the early release of tax rebate and refund checks as well as child tax credit checks.<\/p>\n
\u201cWe just want to get it out of the way. People are in need of funds. And the funds are there so let\u2019s just move it out, not just rebates but also child tax,\u201d he said, adding that the release of checks are based on the filing dates.<\/p>\n
In a separate statement, the governor\u2019s office said the first batch of checks released covers all taxpayers that filed their 2013 returns \u201con or before March 31, 2014\u201d and are cleared in the system. <\/p>\n
The first batch covers $2,094.199.09 in refund and rebate checks, and $2,837,232.95 in child tax credit checks, for a total of $4,931,432.04.<\/p>\n
These include 4,687 refund and rebate checks, and 2,008 child tax checks, totaling 6,695 checks already released. <\/p>\n
Press secretary Angel Demapan said the next batch of checks to be released is for all filers who filed between April 1 and April 15 2014.<\/p>\n
\u201cWe anticipate release of those checks on Friday, June 27,\u201d he said.<\/p>\n
The second batch includes $1,648,242.96 in refund and rebate checks, and $1,507,812.40 in child tax checks, totaling $3,156,055.31. <\/p>\n
This covers 3,392 rebate and refund checks, and 1,198, for a total of 4,590 checks for the second batch of release.<\/p>\n
\u201cChecks released after June\u00a027\u00a0will be processed by filing date and are either late filers who filed after the April 15 deadline or taxpayers with deficiencies that need to be cleared at the Division of Revenue and Taxation,\u201d Demapan said.<\/p>\n
The governor, in a statement, said the staff of the Division of Revenue and Taxation under the Department of Finance \u201chave worked diligently to process the tax returns of CNMI taxpayers and were able to complete their processing by more than a month ahead of schedule.\u201d<\/p>\n
\u201cThis is certainly good news for our taxpayers. It’s a very busy time of the season with graduations and the beginning of summer,\u201d Inos added.<\/p>\n
Finance Secretary Larrisa Larson, for her part, thanked \u201ceveryone for their patience as we try to get everyone’s checks out as quickly and efficiently as possible.\u201d<\/p>\n
For those who don\u2019t receive their checks, the governor encourages them to contact the Division of Revenue and Taxation \u201cto verify whether there may be deficiencies pending resolution.\u201d<\/p>\n
The Inos administration earlier said the rebate and refund checks, as well as child tax checks could be out as early as July.<\/p>\n
A refund is for tax that has been overpaid or incorrectly paid, and is returned to the taxpayer, while rebate is for tax properly paid and is subsequently returned to the taxpayer under a rebate provision in the law.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gov. Eloy S. Inos said yesterday that the first batch of refund, rebate, and child…<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94,4],"tags":[33,26,67,244],"class_list":["post-38937","post","type-post","status-publish","format-standard","hentry","category-headlines","category-local-news","tag-angel-demapan","tag-cnmi","tag-people","tag-utility"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/38937","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\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=38937"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/38937\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=38937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=38937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=38937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}