For many Alaska residents, the arrival of the $1,312 Special Stimulus Payment brings much-needed financial relief. If you’ve been waiting for this payment, make sure you check your Permanent Fund Dividend (PFD) application status. If marked as “Eligible-Not Paid” by January 8, 2025, you’re all set to receive this payment. The deposit will occur on January 16, 2025, directly into the payment method you selected. This initiative is designed to help residents with daily expenses, easing financial strains during uncertain times.
What is the Permanent Fund Dividend (PFD)?
The PFD is an annual payout to Alaskan residents, funded by the state’s oil revenue. For 2025, the amount of the PFD is $1,312, down from $1,702 in 2024. However, for those who may have missed out on their PFD due to previous issues, this special stimulus serves as a second chance to receive assistance. It’s a critical financial cushion that helps residents handle living expenses, particularly during tough periods.
How and When Will You Receive Your Special Stimulus Payment?
The special stimulus payment will be issued based on your application status. Here’s the breakdown:
- Eligible-Not Paid by January 8, 2025: Payment arrives on January 16, 2025.
- Eligible-Not Paid by February 12, 2025: Payment arrives on February 20, 2025.
Payments will be made via the method selected during your application process—either direct deposit or mailed check. It’s essential to keep your contact details up to date to avoid payment delays.
How to Check Your PFD Payment Status
You can track the status of your PFD application and payment using the myPFD portal on the Alaska Department of Revenue’s website.
To check your status:
- Visit the official Alaska Department of Revenue website.
- Log in to myPFD using your myAlaska credentials.
- View your application status, which will indicate whether it is under review, approved, or if more information is required.
If your application is marked “Eligible-Not Paid,” your payment is scheduled for the January or February deposit, depending on your application timeline. If you submitted a paper application, expect a processing time of 4 to 6 weeks.
Who Is Eligible for the $1,312 Special Stimulus Payment?
To qualify for the special stimulus, you must meet the following criteria:
- Be an Alaska resident for all of 2024.
- Plan to remain in Alaska indefinitely as of your application date.
- Not have claimed residency in another state or country since December 31, 2023.
- Not have received benefits from another state due to non-Alaska residency.
- May have been absent from Alaska for up to 180 days (under specific allowable reasons).
- Must have been physically present in Alaska for at least 72 consecutive hours in 2023 or 2024.
How to Apply for the Special Stimulus Payment
The application period for the $1,312 Special Stimulus is open from January 1 to March 31, 2025. Here’s what you need to do to apply:
- Choose Your Application Method: Apply online through the Alaska Department of Revenue’s website or submit a paper application.
- Provide the Required Documents: You will need proof of Alaska residency and valid identification documents.
- Submit Your Application: Make sure all your information is accurate before submitting it through your chosen method.
What to Do If You Have Questions or Issues
If you encounter any problems or have questions regarding your payment, the Alaska Department of Revenue is your go-to resource. They can assist with inquiries and provide guidance. Additionally, the “myPFD” portal is available for updating personal details, including your address, ensuring a smooth payment process.
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