ALL RISE eligibility requirements released, application forms not yet available

The Department of Revenue and Taxation is preparing to launch the “ALL RISE” program, which will be launched within 30 working days of funding identification.
The local direct pandemic relief program will provide a one-time financial aid of $800 to individual taxpayers who make less than $40,000 a year and $1,600 to couples who make under $80,000.A total of $30 million is the cap on total All RISE payments to be made.
An application is required to be submitted to the Guam Department of Revenue and Taxation in order to be eligible.
ELIGIBILITY REQUIREMENTS:
An individual is eligible for payment under the program if the following requirements are met:
a) A Guam taxpayer who has:
(1) Filed a Guam Form 1040 Individual Income Tax Return for tax year 2020 (alternate –
2019 tax year), or
(2) Received a Form SSA-1099 or Form RRB-1099 for Social Security or Railroad Retirement Benefits for calendar year 2020 and are not required to file a Guam income tax return for tax years 2020 or 2019, or
(3) Not filed a Guam income tax return for tax years 2020 or 2019 since he or she did not
meet the income threshold and is not required to file a tax return for tax years 2020 or 2019
b) A Guam resident in 2020;
c) A Guam taxpayer whose adjusted gross income doesn’t exceed:
(1) $80,000 for married filing joint filers, and
(2) $40,000 for all other filers; single, head of household, qualifying widow or married filing separately filers
d) An individual other than:
(1) A nonresident alien individual;
(2) A deceased individual; or
(3) An estate or trust.
DRT reminds all that their eligibility is not automatic and they must apply to participate in this program. Although finalized applications will not be available until the identification of funds, DRT
suggest that all applicants who meet the AGI requirement above to proceed with requesting for their Mayors Certificate of Residency.