In 2025, Alaskans will receive a $1,702 Permanent Fund Dividend (PFD) payment—a welcome source of financial relief in a year marked by high prices and economic uncertainty. Whether you’re a lifelong resident or new to the program, this guide explains who qualifies, how to apply, key dates, and how to make the most of your payout.
Overview: What Is the PFD?
The Permanent Fund Dividend is an annual payment distributed by the State of Alaska, funded by oil and gas revenues. It’s designed to share a portion of the state’s natural resource wealth directly with residents. In 2025, the PFD includes:
| Component | Amount |
|---|---|
| PFD Base Payment | $1,403.83 |
| Energy Relief Bonus | $298.17 |
| Total | $1,702 |
This is not a federal stimulus check—it’s a state-run program administered by the Alaska Department of Revenue.
Who Qualifies for the 2025 PFD?
To be eligible for the PFD in 2025, you must meet residency and legal requirements, including:
- Lived in Alaska for the entire 2024 calendar year
- Intend to remain an Alaska resident permanently
- Not claim residency in another state
- Not have certain disqualifying felony convictions
- Spent at least 72 hours physically in Alaska during 2023 or 2024
Permitted Absences (if documented):
- Active-duty military service
- College or university enrollment
- Receiving medical treatment outside the state
- Accompanying a spouse or dependent in one of the above situations
If you were out of the state for more than 180 days and don’t meet one of the exemptions, you may be ineligible for this year’s PFD.
When Are Payments Made?
PFD payments are issued in scheduled batches based on your approval date. Here’s the 2025 payment calendar:
| Application Approved By | Payment Date |
|---|---|
| April 9, 2025 | April 17, 2025 |
| July 12, 2025 | July 20, 2025 |
| August 7, 2025 | August 15, 2025 |
Tip: Choose direct deposit for faster and more reliable delivery.
How to Apply
Applying for the PFD is free and straightforward. You must apply between June 1 and July 31, 2025.
Application Steps:
- Visit pfd.alaska.gov
- Log in or create a myAlaska account
- Complete the PFD application
- Submit supporting documents, if needed
- Select direct deposit or check by mail
For dependents or minors, a parent or legal guardian must apply on their behalf.
What If You Miss the Deadline?
Late applications are not accepted unless you qualify under special hardship rules (e.g., natural disasters or medical emergencies). Otherwise, you’ll need to wait until June 1, 2026, when the next application window opens.
Is the PFD Taxable?
Yes. The IRS considers the PFD taxable income at the federal level. All recipients—adults and children—will receive a Form 1099-MISC and must report the income on their 2025 federal tax return.
- State taxes: Alaska has no income tax, so it does not affect state returns
- Federal taxes: May affect income brackets and benefits eligibility
PFD vs. Federal Stimulus
Many confuse the PFD with past federal stimulus payments. Here’s how they differ:
| Feature | Alaska PFD | Federal Stimulus |
|---|---|---|
| Source of Funds | Alaska oil and gas revenue | U.S. federal budget |
| Frequency | Annual | One-time or emergency basis |
| Eligibility | Residency-based | Income/citizenship-based |
| Taxable? | Yes (federal level) | Generally not taxable |
Smart Ways to Use Your $1,702
Consider using the 50/30/20 rule to make the most of your payment:
- 50% Needs: Rent, groceries, heating fuel, transportation
- 30% Wants: Entertainment, local travel, minor upgrades
- 20% Savings: Emergency fund, college savings, retirement
In rural Alaska, where fuel and supplies can be expensive, many families use the PFD for winter prep, bulk shopping, or medical travel.
Economic Impact on Alaska
The PFD isn’t just a household benefit—it’s a key part of Alaska’s economy. Each year, it injects hundreds of millions of dollars into local communities, especially those in rural areas with limited income sources.
But it’s also a political issue, with ongoing debates about whether PFD funds should go directly to residents or be used to bolster public services like education or infrastructure.
FAQs:
When is the application deadline for 2025?
July 31, 2025. Late applications are only accepted under hardship rules.
Can I apply for my children?
Yes. A parent or legal guardian must apply on behalf of minors.
What if I moved out of state?
You must remain an Alaska resident and meet physical presence rules to qualify.
