Are you wondering about the $1,702 stimulus checks coming in 2025? This guide breaks down everything you need to know about Alaska’s Permanent Fund Dividend (PFD) program, which offers this payment to eligible residents. We’ve simplified the details, including who qualifies, important dates, and how to apply, to help you secure your payment. Optimized for search engines, this article uses clear language to ensure you understand every step.
What Are the $1,702 Stimulus Checks?
The $1,702 stimulus check is a one-time payment from Alaska’s Permanent Fund Dividend (PFD) program. This program, started in the 1980s, shares profits from Alaska’s oil and natural resources with residents. The 2025 payment combines a base dividend of $1,403.83 and an energy relief portion of $298.17, totaling $1,702 per eligible person. It aims to ease financial burdens, like rising living or energy costs, and supports around 600,000 Alaskans each year.
Why Is This Payment Important?
This payment provides critical financial relief for Alaskans facing high living expenses. Unlike some federal stimulus checks, this one is taxable at the federal level, so you’ll need to report it on your taxes. The funds can be used for essentials like groceries, utilities, or savings, giving households a financial boost.
Who Can Get the $1,702 Stimulus Check?
To receive the $1,702 payment, you must meet strict eligibility rules set by the Alaska Department of Revenue. Here’s a breakdown of the requirements:
Eligibility Requirements
- Residency: You must have lived in Alaska for all of 2024 and plan to stay indefinitely.
- Physical Presence: You need to have been in Alaska for at least 72 hours in 2023 or 2024.
- No Other Residency: You cannot claim residency in another state or country in 2024.
- Criminal Record: You must not have been convicted of a felony or incarcerated for certain crimes in 2024.
- Excused Absences: Temporary absences for college, military service, or medical treatment may be allowed.
| Term | Simple Explanation |
|---|---|
| Residency | Living in Alaska full-time |
| Physical Presence | Being in Alaska for a short time (72 hours) |
| Felony | A serious crime that disqualifies you |
| Excused Absences | Allowed reasons for being out of Alaska temporarily |
Approximately 600,000 residents are expected to qualify, but you must meet all criteria to receive the payment.
When Will the Payments Arrive?
The $1,702 stimulus checks will be distributed throughout 2025, depending on your application status. Below is the payment schedule:
2025 Payment Dates
| Application Status | Check Status By | Payment Date |
|---|---|---|
| Eligible-Not-Paid | April 9, 2025 | April 17, 2025 |
| Eligible-Not-Paid | May 7, 2025 | May 15, 2025 |
| Eligible-Not-Paid | June 11, 2025 | June 18, 2025 |
| Eligible-Not-Paid | July 9, 2025 | July 17, 2025 |
| Eligible-Not-Paid | August 13, 2025 | August 21, 2025 |
- First Payments: Start January 16, 2025, for applications filed in 2024.
- Direct Deposit: Faster delivery, typically within a week of the payment date.
- Mailed Checks: May take longer, up to two weeks after the payment date.
To get your payment on time, ensure your application is marked “Eligible-Not-Paid” by the listed dates.
How to Apply for the $1,702 Stimulus Check
Applying for the PFD is straightforward and free, but you must follow the process carefully. The application window for 2025 is January 1 to March 31, 2025. Late applications are rarely accepted, so don’t miss the deadline.
Steps to Apply
- Visit the Official Website: Go to pfd.alaska.gov.
- Log In or Sign Up: Use your myAlaska account or create one.
- Complete the Application: Fill out the 2025 PFD form online.
- Upload Documents: Include any required documents, especially for dependents.
- Choose Payment Method: Select direct deposit for faster delivery or a mailed check.
- Submit by March 31, 2025: Ensure your application is complete before the deadline.
Tips for a Smooth Application
- Apply Early: Start on January 1 to avoid last-minute issues.
- Check Your Status: Use the “myPFD” portal to track your application.
- Update Your Info: Ensure your address and bank details are current.
- Keep Records: Save confirmation of your submission.
| Term | Simple Explanation |
|---|---|
| myAlaska Account | An online account for Alaska services |
| myPFD Portal | A website to check your PFD application status |
| Direct Deposit | Money sent directly to your bank account |
Tax Information You Need to Know
Unlike some federal stimulus payments, the $1,702 PFD is taxable at the federal level. Here’s what to expect:
- Federal Taxes: You’ll receive a 1099-MISC form in January 2026 to report the payment on your taxes.
- No State Taxes: Alaska has no state income tax, so you won’t owe state taxes.
- Withholding Risk: If your personal details don’t match IRS records, 24% of your payment may be withheld until corrected.
To avoid issues, double-check your information when applying and keep the 1099-MISC form for tax filing.
Potential Changes to Future Payments
Lawmakers have proposed changes to the PFD program, like capping payments at $1,000 or adding income limits ($50,000 for individuals, $100,000 for couples). These changes aren’t confirmed for 2025 but could affect future years. Stay informed by checking official Alaska government websites for updates.
How to Check Your Application Status
To ensure your payment arrives on time, monitor your application:
- Visit pfd.alaska.gov.
- Log into your myPFD account.
- Check if your status is “Eligible-Not-Paid.”
- Update your address or bank details if needed.
If your payment is delayed, contact the Alaska Department of Revenue after the expected payment date.
FAQs About the $1,702 Stimulus Checks
Who Qualifies for the Payment?
Alaska residents who lived in the state for all of 2024, meet physical presence rules, and have no disqualifying criminal record.
When Is the Application Deadline?
March 31, 2025, for the 2025 PFD. Late applications are rarely accepted.
How Do I Get the Payment Faster?
Choose direct deposit and apply early to avoid delays.
Is the Payment Taxable?
Yes, it’s taxable at the federal level. You’ll receive a 1099-MISC form for tax filing.
What If I Miss the Deadline?
You’ll have to wait until the 2026 cycle, starting January 1, 2026.
Conclusion
The $1,702 stimulus check in 2025 is a valuable opportunity for Alaska residents to ease financial pressures. By meeting eligibility requirements, applying before March 31, 2025, and tracking your status, you can secure this payment. Whether you use it for bills, savings, or other needs, this PFD offers meaningful support. Act early, keep your information updated, and check the myPFD portal to ensure you don’t miss out. For the latest updates, visit pfd.alaska.gov.