Thousands of Alaska residents are set to receive a $1,702 stimulus payment in 2025 through the state’s Permanent Fund Dividend (PFD) program. Funded by the state’s oil revenue, this annual dividend plays a critical role in helping residents manage living expenses, especially amid rising costs. The 2025 payment consists of a regular dividend of $1,403.83 and an additional energy relief bonus of $298.17.
Here’s a comprehensive look at who qualifies, how to apply, and what to expect in the year ahead.
Alaska PFD 2025 Overview
| Key Detail | Information |
|---|---|
| PFD Amount for 2025 | $1,702 per eligible resident |
| Application Period | February 1 to March 31, 2025 |
| First Expected Payment | May 5, 2025 (for direct deposits) |
| Application Method | Online or paper at pfd.alaska.gov |
| Tax Status | Taxable by the IRS; not taxed by the State of Alaska |
| Issuing Authority | Alaska Permanent Fund Dividend Division |
What Is the Alaska Permanent Fund Dividend?
The Permanent Fund Dividend is Alaska’s method of distributing earnings from the Alaska Permanent Fund, which was created in 1976 to preserve a portion of oil revenues for future generations. Each year, a portion of the fund’s earnings is distributed to residents who meet the eligibility criteria. The fund is managed by the Alaska Permanent Fund Corporation and invests in a diverse portfolio that includes real estate, stocks, bonds, and private equity.
Eligibility Requirements for the 2025 PFD
To qualify for the 2025 PFD payment, applicants must:
- Have been a resident of Alaska for the entire calendar year of 2024
- Intend to remain in Alaska indefinitely
- Have been physically present in Alaska for at least 72 consecutive hours in 2023 or 2024
- Not have been absent from the state for more than 180 days unless for acceptable reasons, such as medical treatment, education, or military service
- Not have a felony conviction or multiple misdemeanors in 2024
- Submit their application by the March 31, 2025 deadline
Minors are eligible and must have a parent or guardian submit an application on their behalf.
2025 Payment Amount and Structure
The 2025 payment is $1,702 per person, comprised of:
- $1,403.83 as the standard dividend
- $298.17 as a one-time energy relief bonus
This amount is subject to change in future years based on oil revenue performance and state budgeting decisions.
Payment Schedule for 2025
PFD payments will be issued on a rolling basis throughout the year. Dates for previously eligible applications are:
| Status Date | Payment Date |
|---|---|
| Eligible by April 9 | April 17, 2025 |
| Eligible by May 7 | May 15, 2025 |
| Eligible by June 11 | June 18, 2025 |
Applicants must be in “Eligible–Not Paid” status by the status date to receive payment on the corresponding issue date.
How to Apply
To apply for the 2025 Alaska PFD:
- Visit pfd.alaska.gov
- Create or log in to your myAlaska account
- Complete the application form, including:
- Proof of residency
- Contact and banking information
- Documentation for allowable absences if needed
- Review and submit before March 31, 2025
Paper applications are also available and can be submitted by mail or in person.
Avoiding Common Mistakes
Delays or denials can occur due to:
- Submitting after the deadline
- Providing incorrect or outdated banking information
- Failing to disclose extended absences from Alaska
- Using an out-of-state REAL ID, which could raise residency concerns
Ensure all information is accurate and updated before submitting your application.
Tax Considerations
Although Alaska does not tax the PFD, the Internal Revenue Service does. The payment must be reported as income on your federal tax return for 2025. If needed, you may want to adjust your withholding or plan for the potential tax liability.
What If You Miss the Deadline?
Late applications are not accepted under any circumstances. If you miss the March 31, 2025 deadline, you will need to wait until 2026 to apply for that year’s PFD.
The 2025 Alaska Permanent Fund Dividend provides a valuable financial boost to eligible residents. With a payout of $1,702, this year’s dividend reflects stable oil fund performance and legislative commitment to resident support. To ensure you receive your payment on time, verify your eligibility, apply early, and double-check your application details.
FAQs:
Who is eligible for the 2025 Alaska PFD?
Residents who lived in Alaska all of 2024, intend to stay, meet absence rules, and have no disqualifying convictions.
When will the payment be issued?
Direct deposit payments will begin on May 5, 2025, and continue monthly based on eligibility and processing timelines.
Is the payment taxable?
Yes, the IRS taxes the PFD. Include it on your 2025 federal income tax return.
How do I apply for a minor?
Parents or legal guardians must apply on behalf of minors through their own myAlaska account.
