In 2025, thousands of Alaska residents will receive a $1,702 stimulus payment as part of the state’s Permanent Fund Dividend (PFD) program. This payout, distributed in May and October, reflects the state’s ongoing effort to share the revenue generated from its natural resources—primarily oil—with its citizens.
What Is the Alaska Permanent Fund Dividend?
The Alaska Permanent Fund was created in 1976 to ensure that a portion of the state’s oil revenue would benefit future generations. Managed by the Alaska Permanent Fund Corporation (APFC), the fund invests in a diverse portfolio including stocks, bonds, and real estate. Each year, a percentage of the fund’s earnings—roughly 5%—is distributed to residents who meet the eligibility requirements through the PFD.
Breakdown of the $1,702 PFD in 2025
The $1,702 payment represents the dividend based on 2024 performance:
- $1,403.83 is the base dividend
- $298.17 is an energy assistance bonus approved by the state legislature
While the official amount for the 2025 PFD is yet to be confirmed, it is expected to remain in a similar range.
Quick Overview of the 2025 PFD
| Key Detail | Information |
|---|---|
| PFD Amount | $1,702 (expected) |
| Eligibility | Alaska residency, no major felonies, timely application |
| Application Window | February 1 – April 2025 |
| Payment Date | Expected: July 17, 2025 |
| Application Method | Online or by paper via pfd.alaska.gov |
| Tax Status | Taxable by the IRS, not taxed by the State of Alaska |
Payment Schedule for 2025
- May 15: For applications marked “Eligible – Not Paid” by May 7
- June 18: For applications eligible by June 11
- July 17: For applications eligible by July 9
- August 21: For applications eligible by August 13
These dates apply to both 2024 and prior year applications still pending.
Eligibility Requirements
To qualify for the 2025 PFD, applicants must:
- Have lived in Alaska for all of 2024 with the intent to remain permanently
- Have been physically present in Alaska for at least 72 consecutive hours during 2023 or 2024
- Justify any absences over 180 days (e.g., military service, education, medical treatment)
- Have no felony or disqualifying misdemeanor convictions in 2024
- Submit an application between February 1 and March 31, 2025
Each resident—including children—must file their own application, either online or via paper forms.
Important: Holding an out-of-state REAL ID driver’s license could affect eligibility.
How to Apply
Applying for the 2025 Alaska PFD is simple:
- Visit pfd.alaska.gov
- Log in or create a myAlaska account
- Fill out the application with your personal, residency, and banking details
- Upload supporting documents if you’ve been absent from the state
- Submit before the April 2025 deadline
Common Mistakes to Avoid
Avoid delays or denial by checking for these issues:
- Missing the application deadline
- Inaccurate or outdated banking or mailing information
- Failing to disclose long absences from Alaska
- Incomplete or incorrect residency documentation
Tax Information
While the State of Alaska does not tax the PFD, the IRS does. The $1,702 received in 2025 counts as taxable income, so:
- Report it on your 2025 federal tax return
- Consider adjusting your withholding or estimated taxes to avoid a tax bill
Missed the Deadline?
If you don’t apply by March 31, 2025, your application will be invalid—even if you qualify. Unfortunately, there is no grace period. You’ll need to wait until the 2026 application cycle.
Summary
The 2025 Alaska PFD represents a valuable opportunity for residents to benefit from the state’s natural wealth. With a projected payout of $1,702, the dividend can provide meaningful financial relief—especially for families. To ensure you receive it:
- Confirm your residency and legal status
- Submit your application between February and April 2025
- Verify that your personal and banking details are correct
FAQ
Who is eligible for the 2025 Alaska PFD?
Residents who lived in Alaska for all of 2024, intend to remain, and meet other requirements (no major convictions, timely application) are eligible.
When will the 2025 Alaska PFD be paid?
Direct deposits begin May 5, 2025, for early eligible applicants. Paper checks will be sent mid to late May.
How do I apply?
Apply online at pfd.alaska.gov or by paper. You’ll need a myAlaska account, proof of residency, and banking details. Applications open February 1, 2025, and close March 31, 2025.
Is the PFD taxable?
Yes. While Alaska does not tax the PFD, it is considered taxable income by the IRS.
Prepare early and apply on time to make the most of this annual benefit.
