2025 Official PFD Payment Dates & $1,702 Direct Deposits Confirmed After Stimulus Checks, In 2025, the IRS will issue special stimulus checks to people who filed their 2021 tax returns but did not claim an Economic Impact Payment (EIP), even though they were eligible. This unexpected payment will be made by the IRS, and after that, the state of Alaska will also make a PFD (Permanent Fund Dividend) payment.
What is the PFD?
The PFD program provides payments to eligible residents of Alaska each year. The funds come from the investment of mineral royalties, which are distributed through the Alaska Department of Revenue. Alaska residents have to meet several conditions to receive this payment.
New PFD Payment Dates in 2025
If you were not eligible for the January 16 payment date, the State of Alaska’s Department of Revenue has announced two new payment dates for 2025. The next payment will be made on February 20, 2025.
If you want to know if you are eligible for the February 20 PFD payment, you should check your PFD status. If your status shows “Eligible-Not Paid” as of February 12, you will receive this payment on February 20, 2025.
In addition, some eligible PFD recipients will also receive a payment of $1,702 on March 20, 2025. So far, these are the only payment dates confirmed for 2025.
Can I still apply for a PFD payment?
You can still apply for the Permanent Fund Dividend, however, but only those who applied in 2024 will be able to receive the next two payments. The PFD application period for 2025 will be from January 1, 2025, to March 31, 2025.
You can apply online, and only one application per person will be accepted. If you want to apply for this check or direct deposit in Alaska, the following eligibility criteria are required:
- You must have been a resident of the state of Alaska for the entire calendar year.
- For permanent residence in the Test System, your application must not have been made for residency in any other jurisdiction or state.
- You must not be imprisoned for incarceration in the year 2024 (pfd.alaska.gov for details).
- You must not have been absent more than the prescribed number of days.
- You must have been physically present for the required time.
The Importance of the PFD Program
PFD payments are an important financial assistance that provides Alaska residents a share of the investment profits earned from mineral royalties. It promotes financial independence and helps make state residents financially capable.
Conclusion
In 2025, Alaska residents will receive financial assistance through both special stimulus checks to be issued by the IRS and PFD payments by the State of Alaska. If you have applied earlier, you can expect to wait for your payment on these payment dates. Make sure you meet the eligibility criteria and complete the application process correctly.
FAQs
Q. What is a PFD payment in Alaska?
A. The PFD (Permanent Fund Dividend) is an annual payment made to eligible residents of Alaska, funded by investment income earned from the state’s mineral royalties.
Q. When will the 2025 PFD payments be made?
A. The confirmed PFD payment dates for 2025 are February 20 and March 20, which include a payment of $1,702.
Q. Can I still apply for a 2025 PFD payment?
A. If you meet the eligibility criteria, you can apply for a 2025 PFD payment between January 1 and March 31, 2025.
Q. How can I check if I am eligible for a PFD payment?
A. You can check your PFD status online. If your status shows “Eligible-Not Paid” as of February 12, 2025, you will receive a payment on February 20, 2025.
Q. What are the eligibility requirements for a PFD payment?
A. To be eligible, you must be an Alaska resident for the entire calendar year, intend to reside in Alaska permanently, and meet other criteria determined by the Alaska Department of Revenue.