In 2025, eligible Alaska residents can receive a total payment of $1,702 through the Permanent Fund Dividend (PFD) and a one-time Energy Relief Payment. This support includes:
- $1,403.83 from the 2024 Permanent Fund Dividend
- $298.17 as an Energy Relief Payment to help cover high energy bills
This program shares Alaska’s oil and gas profits with residents, blending economic assistance with a universal income model.
Payment Schedule for 2025
Application Status By | Payment Date |
---|---|
April 9, 2025 | April 17, 2025 |
May 7, 2025 | May 15, 2025 |
June 11, 2025 | June 18, 2025 |
July 9, 2025 | July 17, 2025 |
August 13, 2025 | August 21, 2025 |
Note for first-time applicants: You must have applied by March 31, 2025, and be marked “Eligible‑Not‑Paid” by June 11 to receive the June 18 payment.
Who Can Get the $1,702 Check?
To qualify for the 2025 payment, you must meet the following:
- Residency: Lived in Alaska full-time during 2024 and plan to stay
- Presence: Physically stayed in Alaska for at least 72 straight hours in the last two years
- No other state residency: You cannot claim residency, vote, or have a driver’s license in another state
- Criminal record: No felony conviction or time served in 2024; minor offenses may still qualify
- Application deadline: Apply online by March 31, 2025 or send paper forms postmarked by April 1
IRS Rules & Tax Info
- The $1,702 payment is federally taxable income
- Report it on Form 1040, Schedule 1, Line 8g
- You’ll receive a 1099-MISC form by January 2026
- If your personal info doesn’t match IRS records, 24% of your payment may be withheld for taxes
- No Alaska state income tax applies—only federal
Future Changes & Legislation
Lawmakers have proposed a bill (HB 209) to:
- Cap PFD payments at $1,000 in the future
- Set income limits: $50,000 for individuals, $100,000 for couples
With ongoing budget challenges, these changes could lower future PFD amounts. However, nothing is finalized yet.
How to Apply and Check Your Payment Status
- Apply online: myPFD.alaska.gov
- Set up direct deposit and verify your address
- Track your status: Look for “Eligible-Not-Paid” to know when to expect payment
- Avoid IRS issues: Make sure your name, SSN, and info match federal records
- Expect a 1099-MISC form in January 2026
The $1,702 check in 2025 provides vital financial help to Alaska residents as living costs continue to rise. To make sure you receive your payment:
- Apply before the deadline
- Monitor your eligibility online
- Report the amount on your federal tax return
This yearly payment is a unique benefit for Alaskans—stay informed and follow all steps to claim it successfully.
FAQs
Q: Why is the 2025 check $1,702?
A: It includes $1,403.83 from the 2024 PFD and $298.17 for energy relief.
Q: What happens if my IRS info is wrong?
A: The IRS may withhold 24% of your payment until the issue is fixed.
Q: Will future payments be lower?
A: Possibly. A proposed law could reduce future checks to $1,000 and set income limits.