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

Soha

Prachi

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1702 Stimulus Payment for 2025

The state of Alaska continues to support its residents through the Permanent Fund Dividend (PFD) program—a benefit that draws from the state’s natural resource revenues. In 2025, a $1,702 stimulus payment is set to be distributed to eligible residents under this initiative. This guide covers everything from eligibility to payment schedules, application steps, and tax implications

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What Is the Alaska Permanent Fund Dividend (PFD)?

The Alaska Permanent Fund, created in 1976, was established to save a portion of the state’s oil revenue for future generations. Managed by the Alaska Permanent Fund Corporation (APFC), it invests in various asset classes like stocks, real estate, and bonds. Each year, around 5% of the earnings are distributed as the Permanent Fund Dividend (PFD) to residents who meet the program’s requirements.

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The 2025 payout includes:

  • Regular Dividend: $1,403.83
  • Energy Relief Bonus: $298.17 (approved by the legislature to help with energy costs)

This brings the total PFD amount to $1,702 for each eligible resident.

Overview

Key AspectDetails
PFD Amount (2025)$1,702 (Includes $1,403.83 base + $298.17 energy bonus)
EligibilityAlaska residents with no major felony convictions, must apply on time
Application WindowFebruary 1 to April 2025
First Payment DateExpected May 5, 2025 (for those eligible by May 7, 2025)
Application ModeOnline or paper form via pfd.alaska.gov
TaxabilityTaxable by IRS; not taxed by the State of Alaska

Eligibility Criteria

To receive the 2025 PFD, applicants must meet strict eligibility requirements:

Residency Requirement

  1. Must have lived in Alaska for all of 2024 with the intent to remain indefinitely.
  2. Must have been physically present in Alaska for at least 72 consecutive hours in 2023 or 2024.

Permissible Absences

  1. Absences of over 180 days must be for acceptable reasons like military duty, education, or medical treatment.

Application Rules

  • All applicants, including children, must submit individual applications.
  • Applications must be submitted by March 31, 2025. Late applications are not accepted.

ID Considerations

  • Obtaining an out-of-state REAL ID driver’s license may jeopardize eligibility, as it could suggest residency elsewhere.

Payment Schedule for 2025

Here are the expected dates for the 2025 PFD payments based on when applications reach the “Eligible-Not Paid” status:

  • April 17, 2025: For applications eligible by April 9
  • May 15, 2025: For applications eligible by May 7
  • June 18, 2025: For applications eligible by June 11

Applicants must regularly check their application status and ensure that all personal and banking information is accurate to avoid delays.

How to Apply for the 2025 PFD

Applying is straightforward if you follow the correct process. Here’s a step-by-step guide:

  1. Visit the official PFD website: https://pfd.alaska.gov
  2. Create or log into your myAlaska account
  3. Fill out the application form with:
    • Personal identification details
    • Alaska residency proof
    • Banking information for direct deposit
  4. Upload any required documents, especially if you were temporarily outside Alaska
  5. Double-check your information before submitting
  6. Submit the application before the April 2025 deadline

Common Mistakes That Can Delay or Disqualify Your PFD

To avoid complications, residents should be aware of common errors that can result in delays or denials:

  • Missing the application deadline
  • Submitting incorrect or outdated banking information
  • Failing to disclose extended absences
  • Providing incomplete residency documentation

Always review all details carefully before submission and keep records of confirmations.

Q1. Who qualifies for the $1,702 PFD in 2025?

A: Alaska residents who meet all residency and criminal record requirements and apply on time.

Q2. Is the PFD payment taxable?

A: Yes, it is taxable by the IRS but not taxed by the State of Alaska.

Q3. What if I miss the deadline?

A: You will not receive the payment for 2025 and must wait to apply in the next cycle in 2026.

Soha
Soha

She is a creative and dedicated content writer who loves turning ideas into clear and engaging stories. She writes blog posts and articles that connect with readers. She ensures every piece of content is well-structured and easy to understand. Her writing helps our brand share useful information and build strong relationships with our audience.

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