Alaska residents are set to receive a $1,702 stimulus payment in October 2025 through the Permanent Fund Dividend (PFD) program. This annual initiative shares a portion of Alaska’s oil wealth with eligible residents, providing direct financial support. For 2025, the PFD payment consists of a standard portion of $1,403.83 and a bonus of $298.17, totaling $1,702.
This guide explains eligibility, payment schedules, application steps, and tax considerations for the 2025 PFD.
Table of Contents
What Is the Alaska PFD?
The Alaska Permanent Fund was established in 1976 to set aside a portion of the state’s oil revenues for future generations. Managed by the Alaska Permanent Fund Corporation (APFC), the fund invests in stocks, bonds, real estate, and other assets. Each year, 5% of the fund’s earnings are distributed to qualified residents as the Permanent Fund Dividend (PFD).
This program ensures that Alaska residents benefit directly from the state’s natural resources and provides a reliable source of income support.
Eligibility Requirements
To qualify for the 2025 PFD, residents must meet these criteria:
- Be a resident of Alaska from 2024 to the present.
- Have not been absent from Alaska for more than 180 days, unless for study, medical treatment, or other approved reasons.
- Must have applied between February 1, 2025, and April 30, 2025; late applications are not accepted.
- No felony or major misdemeanor convictions in 2024.
2025 PFD Payment Schedule
Alaska residents will receive payments according to their application and eligibility status. The October 2025 schedule is as follows:
| Status | Payment Date |
|---|---|
| Residents who missed payments until 2024 | By September 30, 2025 |
| Residents missing payments until September 18, 2025 | By October 2, 2025 |
| Residents missing payments until October 13, 2025 | By October 23, 2025 |
This phased approach ensures all eligible residents receive their funds promptly.
Payment Amount for 2025
For 2025, each eligible individual will receive $1,702, which includes:
- $1,403.83 as the standard portion
- $298.17 as a bonus
The total PFD amount may fluctuate yearly depending on the fund’s earnings, but the distribution formula remains at 5% of the fund’s returns.
Address and Banking Updates
It is crucial to ensure that your address and banking details are current with the PFD Department. Correct information prevents delays and guarantees that the payment is sent accurately.
How to Apply for the 2025 PFD
Residents can submit applications online or by mail, though online applications are faster. Steps include:
- Visit pfd.alaska.gov and log in to your myAlaska account.
- Complete the application form with your full name, address, proof of residency, and banking information.
- Upload supporting documents digitally.
- Review all information carefully and submit before April 30, 2025.
Applications submitted after the deadline will not be accepted, and residents will need to wait until the next year to apply.
Common Application Mistakes
To avoid delays or rejection, watch out for these common errors:
- Missing the application deadline.
- Providing incorrect personal or banking information.
- Failing to report absences from Alaska.
- Not including proper residency documentation.
Double-checking your application can help ensure a smooth approval process.
Tax Information
The PFD is taxable at the federal level but is not taxed by the State of Alaska. Residents should include the PFD when filing 2025 federal taxes and pay any due amounts to avoid withholding issues.
What Happens If You Miss the Deadline?
Applications submitted after April 30, 2025, will not be processed. Residents who miss this deadline must wait until the following year to apply.
FAQs
Q1: Who is eligible for the 2025 PFD
A. Alaska residents who meet the residency, absence, application, and criminal record requirements.
Q2: When will the $1,702 PFD payment be issued?
A. Payments will be made in October 2025, based on application status, as detailed in the payment schedule table.
Q3: Is the PFD taxable?
A. The PFD is taxable federally but not by the State of Alaska.
Will everyone besides Alaska be getting a stimulus
Yes how can o get the Stimulus check.my name is Rebecca Lannigan. I Live at 70 S Park Ave, Rockville Centre NY 11570 apt101D. Can you please let me know how does this work. and how is can receive it.thank you.
If someone owes taxes will they receive the payment and does Rockford I’ll residents receive a credit.
Not sure, how to claim this payment
Is this is good