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

The Alaska Permanent Fund Dividend (PFD) program is an initiative that allows Alaska residents to receive a portion of the state’s oil wealth every year. For 2025, the PFD payment is set to be $1,702 per eligible resident. This is made up of a regular dividend amount and an additional bonus approved by the state legislature to assist with energy costs. To get the payment, residents must meet specific eligibility requirements and apply within the set timeline.

What is the Alaska PFD?

The Alaska Permanent Fund was created in 1976 to preserve some of the state’s oil wealth for future generations. The fund is managed by the Alaska Permanent Fund Corporation (APFC) and invests in different types of assets like stocks, bonds, and real estate. Each year, a portion of the earnings, around 5%, is distributed to eligible residents in the form of the PFD. This payment is considered a share of the state’s wealth from its natural resources, especially oil.

2025 PFD Stimulus Check: Quick Overview

Here’s a quick breakdown of the important details you need to know about the 2025 PFD stimulus check:

Key Details:

• PFD Amount for 2025: $1,702
• Eligibility: Must be an Alaska resident, have no serious criminal convictions, and apply on time
• Application Period: February 1 – April 2025
• Payment Date: Expected on May 5, 2025
• Application Method: Online or paper form via pfd.alaska.gov
• Tax Status: Taxable by the IRS but not taxed by Alaska

Residents who have completed their application and are in the “Eligible-Not Paid” status by May 7, 2025, will receive their payments on May 15, 2025. Future dates for payments include June 18, 2025, for applications eligible up to June 11, 2025.

Eligibility Requirements for the 2025 PFD

To qualify for the 2025 PFD, you must meet several eligibility conditions:

• You must have lived in Alaska throughout 2024 and plan to stay in the state permanently.
• You should have spent at least 72 consecutive hours in Alaska in either 2023 or 2024.
• If you have been absent for more than 180 days, the absence must be for reasons such as education, medical treatment, or military service.
• Felony convictions or multiple misdemeanor convictions in 2024 make you ineligible.
• Applications submitted after March 31, 2025, will not be accepted.

All applicants, including minors, must submit their own applications through the official website or via paper forms. Additionally, getting an out-of-state driver’s license may affect your eligibility, so avoid this if you plan to apply.

How Much Will You Get for the 2025 PFD?

The payout for the 2025 PFD is expected to be $1,702 per eligible resident. This amount is made up of the regular PFD dividend of $1,403.83 and a bonus of $298.17 to assist with energy costs. While the payout can change yearly based on the performance of the Alaska Permanent Fund, this amount is projected to stay the same for 2025.

Payment Schedule for 2025

Here is a breakdown of when payments will be issued in 2025:

• April 17, 2025: PFDs will be paid to applications in “Eligible-Not Paid” status by April 9, 2025.
• May 15, 2025: PFDs will be paid to applications in “Eligible-Not Paid” status by May 7, 2025.
• June 18, 2025: PFDs will be paid to applications in “Eligible-Not Paid” status by June 11, 2025.

How to Apply for the 2025 PFD

Applying for the 2025 PFD is straightforward if you follow these steps:

1. Go to the official PFD website at pfd.alaska.gov.
2. Create or log into your myAlaska account.
3. Fill out the application form, providing personal details, proof of residency, and banking information.
4. If you were temporarily absent from Alaska, upload supporting documents.
5. Double-check your information before submitting it before the April 2025 deadline.

Common Mistakes to Avoid

To avoid delays or being denied your PFD, be careful of these common mistakes:

• Missing the application deadline.
• Providing incorrect or outdated banking or mailing information.
• Not disclosing absences from Alaska.
• Failing to provide enough documentation to prove your residency.

Tax Information

Although the state of Alaska doesn’t tax the PFD, the IRS does. The $1,702 payment is considered taxable income. So, when filing your taxes for 2025, make sure to report the payment. It’s a good idea to adjust your tax withholding if necessary to avoid any surprises at tax time.

What Happens if You Miss the Application Deadline?

If you miss the April 2025 application deadline, Alaska does not accept late applications. In that case, you’ll have to wait for the next cycle in 2026 to apply for the PFD.

The 2025 PFD offers Alaska residents the opportunity to share in the state’s oil wealth, with a payment of $1,702 for eligible applicants. To ensure you receive your payment, make sure you apply on time, meet the residency and criminal record requirements, and keep your banking information up to date.

Source

FAQ