In June 2025, many people in Alaska will receive a payment of $1,702. This money is not a federal stimulus check, but it feels like one. It is part of the Alaska Permanent Fund Dividend (PFD), which gives residents a share of the state’s oil and mineral profits. This payment helps people with daily expenses, especially in places where things are more costly.
This year’s PFD has two parts – a regular amount and a bonus to help with high energy costs. Let’s break down everything you need to know, including eligibility, payment dates, and how the IRS treats this payment.
What Is the $1,702 Stimulus Check in 2025?
The $1,702 is the total amount each eligible Alaska resident will get in June 2025. This includes:
| Component | Amount (USD) | Details |
|---|---|---|
| Regular PFD Dividend | $1,403.83 | Main share from Alaska’s investment fund |
| Energy Relief Bonus | $298.17 | Extra help due to high fuel and energy prices |
| Total | $1,702.00 | Full amount given to qualifying residents |
This money comes from the state’s oil and gas investment profits. The bonus is added in years when fuel costs are high, like in 2025.
Who Can Get the $1,702 in June 2025?
To qualify for this payment, you must meet certain rules:
- Lived in Alaska all of 2024
- Stayed in Alaska for at least 72 hours in the last 2 years
- Plan to stay in Alaska permanently
- Did not apply for residency or ID in another state
- No serious crimes in the past year
If you were out of Alaska for a short time due to school, military, or medical reasons, that’s okay. But your main home must still be in Alaska.
Important Dates for the 2025 PFD
Here’s the full schedule for those waiting for payment:
| Event | Date | Details |
|---|---|---|
| Applications Open | Jan 1, 2025 | First day to apply online or by mail |
| Application Deadline | Mar 31, 2025 | Last day to apply |
| Postmark Deadline | Apr 1, 2025 | Final day to mail forms if not done online |
| Eligibility Cut-off Date | Jun 11, 2025 | Application must say “Eligible-Not Paid” by this date |
| Payment Day | Jun 18, 2025 | Money sent via direct deposit or paper check |
People who signed up for direct deposit may get money on June 18. Others might get paper checks a few days later, depending on postal delivery.
Do You Have to Pay Tax on the PFD?
At the state level, the PFD is tax-free. But the IRS considers it taxable income. This means:
- You must report it on your Form 1040 at tax time.
- If a child receives it, parents need to report it in the child’s tax return.
- The Alaska Department of Revenue will send you Form 1099-MISC in January 2026.
Not reporting it can lead to penalties or interest. So, make sure to include it when filing federal taxes.
How People Use This Money
The PFD is a big help for many families in Alaska. Some ways people use the money include:
- Paying for heating and electricity
- Buying school supplies or groceries
- Covering transport or home repairs
- Putting it into savings or paying off loans
It also helps small businesses. When people have extra money, they often spend it locally, which supports the economy.
What Helps You Stay Eligible?
To make sure your application is accepted, follow these tips:
✅ Stay in Alaska the whole year
✅ File your application correctly and on time
✅ Keep travel documents if you went out for a short time
✅ Don’t commit any crime
✅ Use only one application with the correct information
What Can Disqualify You?
❌ Applying for a driver’s license or Real ID in another state
❌ Moving away from Alaska and not updating your status
❌ Having a felony or certain misdemeanors
❌ Missing deadlines or giving wrong details
❌ Not updating your bank or mailing address
Always check your status on the official PFD website. If they ask for more info, respond quickly to avoid delays.
Conclusion: A Helpful Boost for Alaskans
The $1,702 PFD payment in June 2025 is not a federal stimulus, but it helps Alaskans in a similar way. It gives long-term residents a fair share of the state’s oil wealth and helps with rising living costs. If you meet all the rules and applied correctly, make sure your status says “Eligible-Not Paid” before June 11, 2025. That way, you’ll be included in the June 18 payout. For many people, this money can bring real relief and help them get through the year more comfortably.
