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Over 10,000 rebate checks already issued
June started off as a good month for the 520 local residents who received their tax rebate checks, as well as the 67 people who received their tax returns. As of last week, a total of 10,200 rebate checks totaling $11.1 million have been released.
The tax rebates are funded by the $20.4 million received by the American Samoa Government from the United States Treasury under the economic growth package or tax stimulus rebate.
Since the rebate checks were distributed over a month ago, the endless lines that used to circle around the main corridor of the Executive Office Building in Utulei no longer exist as the majority of local tax payers have received their rebate checks which pays out $300 per person, and the same amount for each qualifying child.
A Tax Office employee explained that those individuals who have received a tax refund check but have still not received a rebate check need to stop by the Tax Office to settle some issues which may include incomplete paperwork or the double claiming of children/dependents.
In addition to tax rebate checks, tax refunds amounting to $157,000 were also distributed earlier this month. That amount covers both local taxes and the federally funded Additional Child Tax Credit (ACTC).
Altogether, the Treasury Department has released an estimated $13 million in tax refunds ($5.1 million in local and $7.9 million in ACTC) covering more than 11,000 tax filers.
A Tax Office source says that the distribution of tax refunds are up to date, except for a small number of people whose information needs to be checked and/or verified.
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