$1,702 Stimulus Payment for Everyone – June 2025 Full Payment Schedule

2025 is a special year causing financial relief among thousands of residents residing in the US state of Alaska. This reprieve is – Alaska- $1,702 PFD Stimulus Payment that is going to be paid in May and October 2025 through the Alaska Permanent Fund Dividend (PFD) program. This program enables the citizens to enjoy a portion of revenue collection of the natural resources of the state (also oil). Please inform us about this payment, who can take it, its application and so forth.

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What is Permanent Fund Dividend (PFD)?

Alaska PFD is a special program which was initiated in 1976. It was aimed at ensuring that a portion of the oil revenue of the state was maintained in future by the generations. The fund is in charge of the Alaska Permanent Fund Corporation (APFC) and invests in the stock market, bonds, real estate, etc. Each year approximately 5 percent of the income of the fund is used to divide among eligible residents.

How much will be the 2025 payment?

Every resident is eligible to get a 1702 dollar, which will be allocated in two payments in 2025.

• 1403.83 Regular amount of dividends
• The amount of state approved bonus in the form of energy assistance is $298.17.

Although the payment in 2025 is not determined yet it probably will be nearly equal to the 2024 one.

What are the eligibility requirements?

To get a 2025 PFD payment, these conditions should be satisfied:

1. Permanent Residence: You have to reside in Alaska in the year 2024 and plans to make it your permanent residence.
2. Physical Presence: You must be present in Alaska or at least 72 hours between the years 2023 or 2024.
3. Absence Limits: In case you spent over 180 days out of Alaska, you are required to have a good reason (studies, treatment, military service etc.).
4. Criminal Record: In case you have at least a serious felony or a series of petty crimes recorded against your name in 2024, you will be deemed unfit.
5. Time of application: Applications are to be done within February 1 to 31, 2025.
6. Personal Application: Every person (even children) should complete his or her own application.

Note: You may lose the privilege to do so in case you have a driver license of another state (in particular: a REAL ID).

How to Apply?

The procedure to apply to PFD of 2025 is easy. Do it in the following way:

1. Seek out the site in the Official Web Page: pfd.alaska.gov.
2. Create an Account: Create or sign into a ‘my Alaska account.
3. Complete the form: Personal data, the details of the permanent address, and banking information.
4. Upload Documents: In case you been away temporarily out of Alaska, upload evidence of the same.
5. Check Information: Revise all the information properly.

Payment Dates and Schedule

In 2025 the payment will occur on the following dates:

• April 17, 2025 – to those whose status is “Eligible-Not Paid” as on April 9
• May 15, 2025- in case of persons with the status of “Eligible-Not Paid” on May 7
• June 18, 2025 – in the case that the status was “Eligible-Not Paid” as of June 11

There will also be a payment cycle in October 2025, the date of which will be announced later.

What mistakes can delay payments?

It is important to avoid these common mistakes that can hinder your PFD:

• Failure to file an application before the due time
• Wrong or obsolete bank/mailing data
• Failure to report to Alaska absenteeism
• Possible errors or shortcoming of evidence of habitation

Is this payment taxable?

Yes, even though the State of Alaska does not tax this amount, the IRS (federal tax department) does consider it to be taxable income. So:

• Include it on your 2025 tax return
• Take an advance tax deduction to pay on time

What if you missed the application deadline?

The Alaska government does not allow any late applications. So, if you did not make your application to the Alaska government by April 2025, you will have to wait until 2026 for the next process.

Conclusion: Don’t miss this opportunity

The Alaska PFD is a sign of the state’s economic power and it is also a source of sustenance for thousands of residents. A sum of $1,702 will be paid to every eligible individual in 2025, which can be financially valuable.

What to do:

• Meet residency and criminal record requirements
• Apply between February and April 2025
• Provide correct banking information
• Don’t forget to include it in tax returns

With a little preparation and awareness, you can receive this benefit on time and without any hassle.

For more information visit: https://pfd.alaska.gov

If you are a resident of Alaska, this is a great opportunity for you to get a share in our natural wealth – make sure to take advantage of this opportunity!

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