$1702 Stimulus Checks 2025: Eligibility & Payment Dates

Each year, thousands of Alaskans eagerly anticipate their share of the state’s oil wealth through the Alaska Permanent Fund Dividend (PFD). For 2025, that amount has officially been set at $1,702 per qualifying resident. While often viewed as a yearly bonus or financial boost, the PFD reflects a deeper commitment to resource stewardship, long-term savings, and equitable distribution of wealth from Alaska’s natural resources.

If you’re a resident of Alaska, here’s everything you need to know about claiming your $1,702 stimulus check in 2025, including eligibility, application steps, key deadlines, and tax implications.

What Is the Alaska PFD Program?

The Alaska Permanent Fund Dividend Program was created following a 1976 constitutional amendment, which directed the state to save and invest a portion of its oil revenue instead of spending it all. Those investments are managed by the Alaska Permanent Fund Corporation (APFC).

Each year, a percentage of the fund’s earnings is used for two purposes:

• Half goes toward public services.
• The other half is paid directly to residents through the PFD.

In 2025, this dividend has been set at $1,702, providing direct financial relief to eligible Alaskans.

$1,702 Stimulus Checks Overview

Program Name	Alaska Permanent Fund Dividend (PFD)
Authority	Alaska Department of Revenue
Amount	$1,702
Payout Date	June 2025 (Expected)
Eligibility	Full-year Alaska residency required
Application Period	Feb 1 – Mar 31, 2025
Distribution Methods	Direct deposit or mailed check
Tax Status	Tax-free in Alaska; taxable federally
Website	pfd.alaska.gov

Eligibility Requirements for the 2025 PFD

To qualify for the $1,702 PFD payment, applicants must meet the following criteria:

• Residency: Must have lived in Alaska for the entire year of 2023 (January 1 to December 31).
• Intent to Remain: Must intend to remain an Alaska resident indefinitely.
• Allowable Absences: Limited absences for military service, education, or medical treatment outside the state are permitted.
• Criminal History: Individuals convicted of a felony or incarcerated for a significant portion of the year may be disqualified.
• Honest Filing: The state checks public records, and false information can lead to repayment or denial of benefits.

How to Apply for the $1,702 Stimulus Check

Even if you qualify, you must apply to receive the check. Applications are only accepted during a short window, and there are no late submissions allowed.

Application Details:

• Open Dates: February 1 – March 31, 2025
• Apply Online: Visit pfd.alaska.gov for fast and secure online applications.
• Paper Option: Paper applications are available but less commonly used.
• Tips for Success:
  • Double-check your residency status.
  • Ensure accurate bank and mailing information.
  • Submit before the March 31 deadline to avoid disqualification.

How Payments Are Distributed

The method you choose impacts how quickly you receive your dividend:

Payment Method	Speed	Details
Direct Deposit	Fastest	Funds typically arrive in the first week of distribution.
Mailed Check	Slower	May take several additional weeks.
Update Info	Critical	Make sure your bank details and mailing address are current.

Is the PFD Taxable?

While Alaska does not tax PFD payments, the IRS does. Your $1,702 dividend is considered taxable income on your federal tax return. Depending on your total annual income, this could increase your tax liability or reduce your refund.

You’ll receive a Form 1099-MISC to report this income during tax filing season.

Recent Updates on the 2025 PFD

The 2025 PFD amount has been finalized at $1,702. The payout is expected in June 2025, and direct deposit recipients will receive funds first. Applications must be submitted during the official window between February 1 and March 31, 2025—no exceptions or extensions.

The amount reflects strong fund performance, oil market stability, and disciplined fund management by the APFC.

The $1,702 Alaska PFD may feel like a welcome bonus, but it’s more than just free money—it’s your share of the state’s resource wealth. It’s also an essential financial tool for many households facing rising costs. If you qualify, take the time to apply on time, verify your information, and choose direct deposit to receive your payment as quickly as possible.

And remember: missing the application deadline means waiting an entire year—no grace period, no appeals. Make it a priority.

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