$1,702 stimulus check in 2025: Is it true?
Before anything else, you should know that there is no new $1,702 stimulus check being administered by the US central government or the IRS (Internal Revenue Service) until June 2025.
But a few states have initiated such single-benefit relief payments themselves. They are meant to support people who are facing inflation, unemployment or some other economic hardship. The most well-known among these is Alaska’s Permanent Fund Dividend (PFD).
Alaska’s $1,702 Permanent Fund Dividend (PFD)
The government of Alaska provides its residents with some portion of the earnings of oil and gas as a bonus annually. This is termed as Permanent Fund Dividend.
Who can receive this money?
If you are an Alaskan resident and fulfill the following criteria, you might be eligible for this money:
- You must have resided in Alaska for the whole previous year (2024).
- You must have the thought that you never wish to leave Alaska.
- If you left for a certain period of time (like due to study or army), then it may be sanctioned.
- There must be no grave criminal case against you in the current year (2024).
When to apply?
Application for the said dividend is made annually from January 1 to March 31. The same was the due date in 2025. But in case you cannot apply on time due to some reason, then late application under extraordinary circumstances is also acceptable.
When will the money be received?
This year, this sum of $1,702 will be credited to deserving individuals in October 2025. This amount will be credited into the bank account, or will also be issued in the form of a check – as you opted while submitting the form.
Other states’ relief schemes
Alaska alone has not provided relief money. Other states in the US have also initiated a scheme to provide lump sum relief to their people.
But it may vary in amount and conditions from one state to another. But there are some similar things everywhere:
Who can get it?
- Income limit: In the majority of states, this amount is provided only to individuals whose income is middle or low level.
- State resident requirement: The applicant should be a state resident, providing this amount.
- Tax return should be filed: In most states, there is also a requirement that you have recently filed a tax return.
- Legality: Must have no history of any major crime or be legally compliant with the rules of the state.
Application and payment dates
Application time and payment dates vary from state to state. So, it is always advisable to check your state’s tax department or revenue website occasionally.
Will we get a check from the federal government again?
In the period of the COVID-19 pandemic (2020–2021), the federal government provided stimulus checks three times – like $1,200, $600 and then $1,400. But no new federal stimulus check is announced in 2025 yet.
The IRS (which deals with tax and stimulus checks) has explicitly stated that there has been no new economic relief package released this year.
How to stay informed?
Mostly individuals fall into the trap of social media or fake websites and are misled with incorrect information. Thus, it is essential that:
- Check official websites: Go to your state’s revenue or tax department website to obtain accurate information.
- Check IRS website: In case there is any new notification at the federal level, the initial update will be found on the IRS site.
- Don’t get cheated: If you are tempted with a stimulus check from some unknown number or mail, beware and never reply to any such call or link.
Conclusion
In brief, there is no fresh federal stimulus check currently. But if you reside in Alaska or any state which is providing the relief amount as a lump sum, then you can surely avail it.
Eligible people of Alaska are going to receive $1,702 in October 2025. Citizens of other states should receive information by checking the official website of their respective states.
If you are eligible and apply on time, this relief amount can work as a huge support for you. Always be careful, get information from the proper place and if necessary, contact your tax advisor.
FAQs
1. Is there a $1,702 stimulus check from the federal government in 2025?
No, the federal government and IRS have not announced any $1,702 stimulus check for 2025 as of June.
2. What is the $1,702 payment in Alaska?
It’s Alaska’s Permanent Fund Dividend (PFD), an annual payment from oil and gas revenues to eligible state residents, not a federal stimulus.
3. Who qualifies for Alaska’s PFD?
Alaska residents who lived there all of 2024, intend to stay, and meet legal and residency criteria may qualify for the 2025 PFD.
