$1,702 Stimulus Payment: Who Is Eligible for the August 2025 Deposit?

$1,702 Stimulus Payment: The year 2025 has brought a good news to thousands of citizens who live on the US state of Alaska once again. The Alaskan government has declared a financial aid of 1,702 to the target citizens this year as a Permanent Fund Dividend(PFD). This sum will go directly to the bank accounts of the citizens and in two parts-in May and in October. This policy was associated with this scheme which is one of the policies of rectifying the wealth of state by giving it to the people through the natural resources (mainly the oil).

What is Alaska Permanent Fund Dividend?

In 1976, the Alaska government established the Permanent Fund in order to get a share of the oil revenues and use it in the future. The Alaska Permanent Fund Corporation (APFC) that manages the fund is investing it in stock market, bonds and real estates.

The fund is distributed among eligible citizens which come in about 5 percent of the income each year. This disbursement is known as Permanent Fund Dividend (PFD) that gets directly deposited into bank accounts of the citizens.

Details of the amount of PFD to be received in the year 2025

The estimated PFD amount being given this year is \$1,702, which is divided as follows:

  • \$1,403.83 – Basic Dividend Amount
  • \$298.17 – Energy Assistance Bonus, approved by the State Legislature

Although this amount depends on the economic condition of the state and the performance of oil income, it is expected to be around this in the year 2025.

Key information of 2025 PFD – at a glance

DescriptionInformation
Estimated Amount\$1,702
EligibilityAlaska resident, no felony convictions, timely application
Application PeriodFebruary 1 to March 31, 2025
Payment DateEstimated: July 17, 2025
Application MethodOnline or paper form (pfd.alaska.gov)
Tax StatusTaxable by IRS, not state taxed

Payment Dates – for 2025

$1,702 Stimulus Payment: Who Is Eligible for the August 2025 Deposit?
$1,702 Stimulus Payment: Who Is Eligible for the August 2025 Deposit?

PFD payments will be made on the following dates:

  • May 15: If application marked “Eligible – Not Paid” by May 7
  • June 18: If eligibility clears by June 11
  • July 17: If eligibility clears by July 9
  • August 21: If eligibility clears by August 13
  • August 21, 2025 – myPFD will be unavailable on Wednesday, August 27, 2025, from 8:00 AM – 10:00 AM for a scheduled outage. 

Pending applications from older years will also be covered on these dates.

Who is eligible for PFD?

The main criteria that determine eligibility for the 2025 PFD are as follows:

  • Applicant should be a permanent resident of Alaska in the year 2024 and he should intend to be a resident there permanently
  • Physically have presence in Alaska at least 72 hours in 2023 or 2024
  • Submit a justifiable cause in case out of Alaska beyond 180 days (e.g. military service, education, medical care, etc.)
  • Have no identified 2024 felony or disqualifying offense
  • Should be submitted between 1 February and 31 March 2025

Note: Each person—even children—must fill out a separate application.

Special Warning: If you have a REAL ID Driver’s License from another state, it may affect your eligibility.

Official website to apply: pfd.alaska.gov

$1,702 Stimulus Payment: Who Is Eligible for the August 2025 Deposit?
$1,702 Stimulus Payment: Who Is Eligible for the August 2025 Deposit?

The application process for the 2025 PFD is extremely simple:

  1. Visit the pfd.alaska.gov website
  2. Create or log in to a myAlaska account
  3. Fill in personal information, residence details, and bank details
  4. Upload required documents if you have been out of Alaska for a long period of time
  5. Submit the application before the April 2025 deadline

Common mistakes to avoid

Many times citizens’ applications are rejected or payments are delayed despite being eligible. Keep the following in mind:

  • Do not apply after the deadline
  • Bank or mailing information is not incorrect or out of date
  • Do not hide information about staying outside Alaska for a long time
  • Residence documents are not incomplete or incorrect

Tax information

Although the State of Alaska does not impose any tax on this amount, the IRS (Internal Revenue Service) considers it Taxable Income.

So:

  • Make sure to show this amount on your 2025 tax return
  • If possible, adjust Withholding or Estimated Tax in advance to avoid a tax bill

If you did not apply on time…

Then unfortunately, you will not get a PFD for 2025—no matter how eligible you are.

There is no grace period. If you miss it, you will have to wait till the next application window i.e. 2026.

Conclusion

Alaska Permanent Fund Dividend 2025 is a special initiative that engages every citizen of the state with ows of his/her natural resources. The projected amount of 1,702 dollars in payout will offer financial relief, and the trust factor between the state government and the local people.

If you want to take advantage of this scheme, then:

  • Verify your eligibility
  • Make sure to apply between February 1 and March 31, 2025
  • Check your bank details and other information

This is an opportunity not to be missed

FAQs

Q1. What is the Alaska Permanent Fund Dividend (PFD)?

It is an annual payment to eligible Alaska residents from the state’s oil revenue investments.

Q2. How much is the PFD for 2025?

The estimated amount is $1,702, including an energy assistance bonus.

Q3. Who is eligible for the 2025 PFD?

Permanent Alaska residents with no felony convictions in 2024 who apply between Feb 1 – Mar 31, 2025.

Q4. How can I apply for the PFD?

Apply online at pfd.alaska.gov or via a paper form during the application period.

Q5. Is the PFD taxable?

Yes. It is taxable by the IRS but not taxed by the State of Alaska.

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