$1,702 Stimulus-Check Coming In June 2025 – Everything You Need To Know
In June 2025, eligible Alaska residents will receive a $1,702 payout under the Permanent Fund Dividend (PFD) program.
Though not a federal stimulus check, this payment offers much-needed financial relief by redistributing profits from Alaska’s natural resource revenues. With rising utility costs and inflation, this boost serves as a lifeline for many households.
Here’s everything you need to know about the $1,702 PFD payment, including eligibility, payout dates, IRS tax treatment, and disqualification risks.
Breakdown of the $1,702 PFD Payment
The total $1,702 payout consists of two separate components designed to address general needs and energy costs:
| PFD Component | Amount (USD) | Description |
|---|---|---|
| Regular Dividend | $1,403.83 | Core annual payment from Alaska’s investment earnings |
| Energy Relief Supplement | $298.17 | Additional support to offset high utility and heating expenses |
| Total Payment | $1,702.00 | Combined amount paid to each qualifying resident |
The Alaska Permanent Fund calculates the regular dividend based on long-term investment performance. The energy relief supplement is optional and was added in 2025 due to persistently high energy prices across the state.
Eligibility Criteria for June 2025 PFD Payment
To receive the full $1,702 payout, applicants must meet several strict eligibility conditions:
- Alaska Residency: Must have lived in Alaska for the entire calendar year 2024.
- Physical Presence: Must have been physically present in the state for at least 72 consecutive hours during the last 24 months.
- Intent to Remain: Applicants must intend to stay in Alaska indefinitely.
- Legal Status: Cannot have felony convictions or serve time for certain misdemeanors during the qualifying year.
Important: Temporary absences for military duty, higher education, or medical care are allowed if Alaska remains the declared home.
Application Timeline and Payment Schedule
Applicants who filed between January 1 and March 31, 2025, and are listed as “Eligible-Not Paid” by June 11, will receive their payments on June 18, 2025.
| Milestone | Key Date | Details |
|---|---|---|
| Application Start | January 1, 2025 | Online and paper forms accepted |
| Submission Deadline | March 31, 2025 | Last day to apply |
| Postmark Deadline | April 1, 2025 | Final valid mail-in date |
| Eligibility Status Finalized | June 11, 2025 | Must be marked as “Eligible-Not Paid” |
| Payment Distribution Date | June 18, 2025 | Direct deposits and checks sent |
Direct deposit recipients typically receive payments immediately. Mailed checks may take a few days depending on postal delays.
IRS Tax Rules: Is the PFD Taxable?
Yes. While the PFD is tax-free at the state level, the IRS treats it as taxable income. Recipients must:
- Report the full amount on Form 1040 during tax season.
- Use Form 1099-MISC, issued in January by the Alaska Department of Revenue.
- Include children’s PFDs on tax filings if reporting separately for minors.
Failing to report the PFD could result in IRS penalties, especially if it affects your income bracket.
Common Disqualifiers to Avoid
To protect your eligibility:
Do This to Stay Eligible
- Maintain Alaska residency throughout 2024
- Declare Alaska as your permanent home
- Keep travel records during temporary absences
- Submit accurate application details
Avoid These Mistakes
- Applying for a Real ID or driver’s license in another state
- Felony or disqualifying misdemeanor convictions
- Missing the application deadline
- Failing to update your banking or mailing details
Why the $1,702 Payment Matters
In high-cost areas of Alaska, especially remote regions, the PFD helps cover:
- Heating fuel and electricity
- Transportation and groceries
- Medical expenses
- School supplies and home maintenance
It also stimulates the local economy, with increased consumer spending reported during the PFD release months.
The $1,702 PFD payment arriving on June 18, 2025, is a critical financial resource for Alaska residents. With eligibility tied to residency, intent to remain, and lawful behavior, those meeting the criteria can expect timely relief.
While not a federal stimulus, this annual dividend plays a similar role—supporting household budgets, boosting local businesses, and reinforcing the state’s unique economic model. Be sure to check your status at the official PFD site and prepare for the payout.
FAQs
Is the $1,702 payment a federal stimulus check?
No. It’s an Alaska state payment under the Permanent Fund Dividend, not issued by the federal government.
Do I need to apply separately for the energy relief part?
No. Both the regular dividend and energy relief are included in the single PFD application.
Will this payment affect my federal taxes?
Yes. It must be reported as taxable income on your IRS Form 1040.
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