$1,702 Stimulus Checks in 2025: The $1,702 stimulus check in 2025 is part of Alaska’s Permanent Fund Dividend (PFD) program, distributing a portion of the state’s oil revenues to eligible residents. This annual payment underscores Alaska’s commitment to sharing its resource wealth with its citizens.
$1,702 Stimulus Checks in 2025
The $1,702 stimulus check in 2025 through Alaska’s Permanent Fund Dividend program is a testament to the state’s commitment to sharing its resource wealth with its residents. Ensuring you meet the eligibility criteria and applying within the designated period is crucial to receive this benefit. Stay informed and proactive to make the most of this opportunity.
| Feature | Details |
|---|---|
| Total Payment | $1,702 (includes $1,403.83 PFD + $298.17 Energy Relief Payment) |
| Eligibility Year | Full-year Alaska residency in 2024 |
| Application Period | January 1 – March 31, 2025 |
| Next Payment Date | June 18, 2025 (for “Eligible – Not Paid” status as of June 11, 2025) |
| Tax Status | Not taxed by Alaska; taxable at the federal level |
| Official Website | pfd.alaska.gov |
Understanding the Alaska Permanent Fund Dividend
Established in 1976, the Alaska Permanent Fund was created to manage a portion of the state’s oil revenues for the benefit of current and future generations. The fund’s earnings are distributed annually to eligible residents through the Permanent Fund Dividend (PFD), reinforcing the idea that Alaskans should share in the state’s resource wealth.
Who Is Eligible for the $1,702 PFD in 2025?
To qualify for the 2025 PFD payment, applicants must meet the following criteria:
- Residency: Must have been an Alaska resident for the entire 2024 calendar year.
- Intent to Remain: Must intend to remain an Alaska resident indefinitely.
- Absences: Permitted absences include military service, education, or medical treatment. However, applicants must have been physically present in Alaska for at least 72 consecutive hours in both 2023 and 2024.
- Criminal Record: Applicants must not have been convicted of a felony or incarcerated for most of 2024.
- Residency Claims Elsewhere: Must not have claimed residency in another state or country since December 31, 2023.
These requirements ensure that the PFD benefits long-term Alaska residents who contribute to the state’s community and economy.
Payment Amount Breakdown
The total PFD payment for 2025 is $1,702, which includes:
- Regular Dividend: $1,403.83
- Energy Relief Rebate: $298.17
This amount represents a significant increase from the previous year, providing substantial financial support to residents.
Payment Schedule
For applicants whose status is marked as “Eligible – Not Paid” by June 11, 2025, payments will be distributed on June 18, 2025.
- Direct Deposit: Funds are typically received within the first week of distribution.
- Paper Checks: May take additional days or weeks to arrive.
To ensure timely receipt, applicants should verify that their bank account information and mailing address are current.
$1,702 Stimulus Checks in 2025 Application Process
The application period for the 2025 PFD ran from January 1 to March 31, 2025. Applications could be submitted:
- Online: Through the official Alaska Department of Revenue portal at pfd.alaska.gov.
- Paper Form: Available upon request, though the online process is faster and more efficient.
It’s important to note that missing the application deadline means waiting until the next application period in 2026, as there are no extensions or exceptions.
Tax Implications
While the PFD is not taxed by the state of Alaska, it is considered taxable income at the federal level. Recipients must report the $1,702 on their federal tax return, which could affect their overall tax liability or refund.
Summary
- Eligibility: Full-year Alaska residents in 2024 who meet all criteria.
- Payment Amount: $1,702 per eligible applicant.
- Payment Date: June 18, 2025, for those marked “Eligible – Not Paid” by June 11.
- Application Period: Closed on March 31, 2025; next opportunity is in 2026.
- Taxation: Subject to federal tax; not taxed by the state.
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Frequently Asked Questions (FAQs)
Q1: Can I apply for the PFD if I moved to Alaska in 2024?
No, to be eligible for the 2025 PFD, you must have been a resident for the entire 2024 calendar year.
Q2: What if I missed the 2025 application deadline?
Unfortunately, late applications are not accepted. You will need to wait for the next application period in 2026.
Q3: How can I check the status of my application?
You can check your application status by logging into your account at mypfd.alaska.gov.
