$1702 PFD Stimulus Check 2025: Thousands of Alaska residents are set to receive a $1,702 stimulus payment in May and October 2025, thanks to the state’s Permanent Fund Dividend (PFD) program, a state initiative that distributes income generated by the state’s natural resources, primarily oil.
The $1,702 payment corresponds to the 2024 dividend, consisting of $1,403.83 as part of the regular dividend and an additional $298.17 bonus approved by the state legislature as energy assistance. Although the amount of the 2025 PFD has not yet been confirmed, it is expected to be similar.
$1702 PFD Stimulus Check 2025: Quick Overview
| Key Detail | Information |
|---|---|
| PFD Amount for 2025 | $1,702 |
| Eligibility | Alaska residency, no major felonies, timely application |
| Application Period | February 1 – April 2025 |
| Payment Date | May 5, 2025 (expected) |
| Application Method | Online or paper form via pfd.alaska.gov |
| Tax Status | Taxable by the IRS, not taxed by the State of Alaska |
The May deposits only apply to those who had previous applications in “Eligible-Not Paid” status by May 7, 2025, and will be issued on May 15. Future dates include payments on June 18 for applications eligible up to June 11.
What Is the Alaska PFD?
The Alaska Permanent Fund was established in 1976 with the goal of preserving a portion of the state’s oil wealth for future generations. The fund is managed by the Alaska Permanent Fund Corporation (APFC) and invests in various assets, including stocks, bonds, and real estate. Each year, around 5% of the fund’s earnings are distributed to eligible residents as the Permanent Fund Dividend (PFD).
Eligibility Requirements for the 2025 PFD
To receive the 2025 PFD, you must meet certain eligibility criteria:
- To receive the PFD 2025, it is mandatory to have lived in Alaska throughout 2024 with the intention of remaining in the state permanently. In addition, you must have been physically present in Alaska for at least 72 consecutive hours in 2023 or 2024.
- Any absence of more than 180 days must be justified by reasons such as study, medical treatment or military service.
- People with felony or multiple misdemeanor convictions in 2024 do not qualify for the benefit. Applications submitted after March 31, 2025, are also not valid, even if all other requirements are met.
Each resident, including minors, had to submit their own application through the official website pfd.alaska.gov or by using paper forms.
Finally, the PFD Division warns that obtaining an out-of-state driver’s license with REAL ID could affect eligibility, so it is recommended to avoid it.
This benefit is an important source of financial support for thousands of families in Alaska and will remain in place as long as the state fund remains strong.
2025 PFD Payment Amount
The official PFD payout for 2025 is $1,702 per eligible resident. While this amount can fluctuate from year to year depending on the performance of the state’s oil investments and budget decisions, the $1,702 payout reflects a stable economic outlook for Alaska.
PAYMENT SCHEDULE
- 2024 (and prior year) dividend applications that are in“Eligible-Not Paid” status on April 9, 2025, willbe distributed on April 17, 2025.
- 2024 (and prior year) dividend applications that are in “Eligible-Not Paid” status on May 7, 2025, will be distributed on May 15, 2025.
- 2024 (and prior year) dividend applications that are in “Eligible-Not Paid” status on June 11, 2025, will be distributed on June 18, 2025.
How to Apply for the 2025 Alaska PFD
Applying for the 2025 PFD is simple if you follow these steps:
- Visit the official PFD website at pfd.alaska.gov.
- Log in or create a myAlaska account.
- Complete the application, providing your personal details, proof of residency, and banking information.
- Upload supporting documents if you were temporarily absent from Alaska.
- Double-check all information before submitting it before the April 2025 deadline.
Common Mistakes That Could Delay or Deny Your PFD
Be mindful of these common mistakes that could prevent you from receiving your PFD:
- Missing the application deadline.
- Providing outdated or incorrect banking or mailing information.
- Not disclosing absences from Alaska.
- Failing to provide accurate or sufficient residency documentation.
Tax Information
Although Alaska doesn’t tax the PFD, the IRS does. The $1,702 payment counts as taxable income. Here’s what you need to know:
- Report the payment when filing your 2025 taxes.
- If necessary, adjust your tax withholding to avoid surprises at tax time.
What Happens if You Miss the Application Deadline?
If you miss the application deadline in April 2025, Alaska does not allow late applications. In that case, you will have to wait until the next cycle in 2026 to apply for your PFD.
The 2025 Alaska PFD is an important opportunity to claim your share of the state’s oil wealth, with a payout of $1,702 per eligible resident. To ensure you receive your payment on time, make sure you:
- Meet the residency and criminal record requirements.
- Apply online between February and April 2025.
- Ensure your banking and mailing information is up to date.
A little preparation now can make sure you receive your payment by May 5, 2025, without any delays.
FAQ
Who is eligible for the 2025 Alaska PFD?
To qualify for the 2025 Alaska PFD, you must have been a resident of Alaska for the entire year of 2024 and still live in the state when applying in 2025. Certain absences like military service or medical treatment are allowed with proper documentation.
When will the 2025 Alaska PFD be paid?
The 2025 Alaska PFD will be available starting May 5, 2025, for direct deposit payments. Paper checks will be mailed out in mid to late May 2025.
How do I apply for the 2025 Alaska PFD?
To apply for the 2025 PFD, visit pfd.alaska.gov, log in or create a myAlaska account, and complete the application with your personal details, proof of residency, and banking information. The application period runs from February to April 2025.
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