At present, there is news of relief for thousands of citizens struggling with economic inequality and rising inflation in America. Alaska’s government has confirmed that eligible people will get a stimulus payment of $1,702 in June 2025.
This identification relates to the PFD program, which is an important component of the state plan whereby one portion of the profits made from its natural resource will be distributed to the citizens. This scheme was started with the aim of motivating the citizens of Alaska to stay in the state and make them economically capable.
The basic objective of this fund is that the income from the state’s oil and other natural resources should not only be consumed by the government, but the general public should also get a share of it. This year i.e. in 2025, a payment of $1,702 is going to be made from this fund.
How will the $1,702 amount be made up?
The payment to be made in June is divided into two parts:
- $1,403.83 – This amount is part of the regular dividend.
- $298.17 – This will be given as an additional bonus.
The total amount comes to $1,702, which will be given to all those citizens who meet all the eligibility conditions.
When will the payment be made?
The Alaska government has announced the payment date as June 18, 2025. This payment is for those citizens whose application status is “eligible – not paid” and who have applied before June 11, 2025 or their status is the same.
This payment will be the second phase of distribution, that is, after the first phase, it will be given to those whose name did not appear in the list last time.
What are the eligibility criteria to get $1,702 stimulus?
This amount is not being given to everyone, but some important conditions have been set for this:
- Residence in Alaska for the whole year
The applicant is required to live in the state of Alaska for the entire 12 months of the year 2024. Along with this, they will also have to prove that they want to live in Alaska permanently in the future as well. - Should not have lived outside the state for more than 180 days
If a person has lived outside Alaska for more than 180 days during 2024, then he will be considered ineligible for this payment. - Should not have taken citizenship of another state
If a person has applied for residence in any other US state, then he will also be out of this scheme. Its purpose is to ensure that the beneficiary is fully committed to the state of Alaska. - There should be no criminal record
The government wants to limit this scheme to only those citizens who follow the law. If any serious or minor criminal case is registered against an applicant, he will also be excluded from the scheme.
This ensures that the government’s image remains clean and this money does not go into the wrong hands.
What was the last date for application?
The last date for application for the $1,702 stimulus payment was March 31, 2024. This was a fairly long deadline so that the government could properly investigate every applicant.
The documents, place of residence, past record, and other details of the citizens applying to join this scheme are thoroughly checked. This process is complicated, so the government set the deadline to March 2024.
What is the option for those who did not apply?
If a citizen has not applied for this scheme this time, then they do not need to worry. The government has indicated that the next application process will be opened in the year 2026. Therefore, citizens should keep an eye on the government’s website and information portals so that no opportunity is missed next time.
Clarification by IRS regarding stimulus tax
There is often confusion among citizens about this payment that this amount will affect their tax filing or tax refund. But the IRS (Internal Revenue Service) has clarified that this payment is not taxable and will not be added to the income tax return.
Thus this amount is completely tax-free and the beneficiary will get its full benefit without any deduction.
Benefits of residence in Alaska
Alaska is generally considered to be a cold and inaccessible state of America, but the state government wants to change this perception. Through such schemes, the government is motivating citizens to settle here.
This state is full of natural beauty, where life is much more peaceful than pollution, congestion and stress. Also, schemes like PFD are helpful in making the citizens here financially self-reliant.
Conclusion
If you are a citizen of Alaska, have lived there for the whole year in 2024, have not stayed outside for more than 180 days, have not applied for citizenship in any other state, and your criminal record is also clean – then you are eligible for an amount of $1,702.The payment will be made on June 18, 2025, so if you have applied and your status is “eligible – not paid”, keep your bank information updated and keep checking the status from time to time on the government website.
FAQs
1. Who is eligible for the $1,702 stimulus payment in June 2025?
A. Eligibility typically includes low to middle-income individuals, senior citizens, Social Security recipients, and possibly veterans or non-tax filers depending on government guidelines. Always check the latest eligibility criteria on official portals.
2. Is the $1,702 payment available to everyone in the U.S.?
A. While the headline says “for everyone,” actual disbursement is based on income, tax filing status, and other qualifications. Not every U.S. resident may receive the full amount.
3. When will the $1,702 stimulus payments be distributed in June 2025?
A. Payments are expected to begin mid-June 2025 and will be released in batches. Direct deposits typically arrive first, followed by mailed checks and debit cards.
4.How can I check the payment schedule or status of my stimulus payment?
A. You can track your payment through the official IRS “Get My Payment” tool or the government benefits portal, once the system is updated for June 2025.
5. Will this payment affect my taxes or future benefits?
A. No, stimulus payments are not considered taxable income and won’t affect your eligibility for federal benefits like SNAP or Medicaid.
