$1,702 PFD Stimulus Check 2025 – Eligibility Requirements & Payment Dates Detailed

Thousands of Alaskans are gearing up to receive a $1,702 stimulus payment in May and October 2025. This annual dividend, known as the Permanent Fund Dividend (PFD), comes from the state’s oil earnings and aims to support residents by giving them a share of Alaska’s natural resource revenue.

The $1,702 amount represents the 2024 dividend, which includes a regular payment of $1,403.83 and an additional energy relief bonus of $298.17 approved by the legislature. While the 2025 amount hasn’t been finalized yet, most experts expect it to be similar if oil prices and state revenues hold steady.

Overview

Here’s a quick snapshot of the Alaska PFD for 2025:

What Is PFD

The Alaska Permanent Fund was created back in 1976 to protect the state’s oil wealth for future generations. Managed by the Alaska Permanent Fund Corporation (APFC), it invests in assets like real estate, stocks, and bonds. Each year, around 5% of its earnings are distributed to residents through the PFD.

This yearly payment isn’t just extra money—it’s part of the state’s promise to share resource wealth with the people.

Eligibility

To qualify for the 2025 PFD, you need to meet several rules:

• You must have lived in Alaska for the full year of 2024 and plan to stay permanently.
• You must have been in Alaska for at least 72 straight hours during 2023 or 2024.
• Any absence longer than 180 days needs to be for acceptable reasons like school, military service, or medical care.
• You cannot have been convicted of a felony or multiple misdemeanors in 2024.
• Applications must be submitted before the April 2025 deadline.
• Each person, including children, must file a separate application.

Also, avoid getting an out-of-state driver’s license or a REAL ID—it could hurt your eligibility.

Payment

The official payment for 2025 is expected to be $1,702 per person. Here’s the expected payment schedule:

These dates apply to applications in “Eligible-Not Paid” status by the check dates.

Apply

Applying for the Alaska PFD is simple:

1. Go to the official PFD site: pfd.alaska.gov
2. Sign in or create a myAlaska account
3. Complete your application and upload any needed documents
4. Double-check everything and submit it before April 2025

Don’t forget to provide accurate banking and mailing details to avoid delays.

Mistakes

Here are some common errors that could block your payment:

• Submitting after the deadline
• Incorrect or outdated bank info
• Not disclosing out-of-state travel
• Missing residency documents
• Applying with a felony on your record

Stay on top of the paperwork to avoid losing out on this money.

Taxes

While the State of Alaska won’t tax your PFD, the IRS will. The $1,702 is considered taxable income, so:

• Report it on your 2025 tax return
• Adjust your tax withholding if necessary

Otherwise, you might owe more than expected when tax time comes.

Deadline

Missed the deadline? Unfortunately, Alaska doesn’t allow late applications. If you don’t apply on time in 2025, you’ll have to wait until the next cycle in 2026.

To make sure you get your payment:

• Confirm you meet the residency and legal requirements
• Apply between February and April 2025
• Keep your contact and bank details up to date

Taking care of these steps early will help you receive your full $1,702 by May without any hiccups.

FAQs