1702 Stimulus Payment Eligibility: When can you expect the payment?

Alaskans will receive a one-time $1,702 payment from the state's Permanent Fund Dividend, benefiting 82% of residents, particularly during winter, to boost local economies.

(Credit: CNBC)

1702 Stimulus Payment Eligibility: The Alaska Department of Revenue says that people will get their share of the state’s Permanent Fund Dividend (PFD) and a one-time payment of $1,702 to help with their energy bills. This payment lets certain Alaskans share in the benefits that come from the state’s natural resources.

Around 82% of Alaskans will receive this financial assistance, which is especially helpful as winter approaches, offering support before Thanksgiving and Christmas. Commissioner of Revenue Adam Crum noted this is the 43rd year residents have received their share of the state’s resources, highlighting how these payments boost local economies.

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If you’re eligible, check the payment dates and any requirements to make sure you get your dividend on time!

Alaskans who filed electronically and requested direct deposit but are listed as “eligible-not paid” as of September 20, 2024, should receive their payments by Thursday, October 3.

To check your payment status, visit the State of Alaska Department of Revenue website and log into the myPFD portal. Keep in mind that the Department of Revenue will never ask you to change your password via email or text message.

1702 Stimulus Payment Eligibility

The PFD fund is only open to people who will be living in Alaska from January 1, 2023, to December 31, 2023. When they apply, they must also say that they plan to stay in the state permanently.

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Also, they haven’t been able to say they lived in or got benefits from any other state or country since December 31, 2022.

You can’t sentence someone to jail for a felony crime or a misdemeanor crime in 2023 if they have been convicted of two misdemeanors or a felony since January 1, 1997.

In 2022 or 2023, they had to have spent at least 72 hours in Alaska. If they were away from Alaska for more than 180 days, they had to show proof.

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