The state of Alaska, which contains many natural resources, provides its citizens the Alaska Permanent Fund Dividend (also called the APFD). This payment is contingent on state revenue from oil exports. If you are a resident of Alaska, you may be eligible for the Alaska PFD payment in the year 2024. Here is all the information you need to know about the stimulus checks including the dates of payment, how to apply, and eligibility.
What Are Alaska PFD Stimulus Checks?
Stimulus checks are often one-part payments issued to eligible individuals during a financial crisis. Most people received stimulus payment during the COVID-19 pandemic, and some states (including Alaska) continue to pay stimulus checks according to certain eligibility requirements. In the case of payer stimulus checks, the PFD figure is an ongoing benefit paid out of revenue received through oil exports obtained in Alaska and the payment for this year is $3,200.
2024 Alaska PFD Stimulus Check Eligibility
In order to qualify for the Alaska PFD payment there are several requirements that residents must meet:
You must be a U.S. citizen and reside (domicile) in the state of Alaska for at least one year
You may not have a criminal record
You must have submitted your2024 taxes to the Alaska government by the deadline
Families with a spouse and dependent children can receive additional payments based on family size and certain circumstances
How To Apply for the Alaska PFD $3200 Stimulus Payment
The Alaska PFD application was merged into the annual tax filings. If you selected the trigger which defaults the application for the PFD during the filing of your taxes it will be automatically paid. You can check in on your application status by going to the official PFD Alaska webpage, and entering your personal information to see if your application has been approved. If accepted, that webpage will include information about the date of payment.
Alaska PFD Payment Dates 2024
The Alaska PFD payment is disbursed annually. Those who applied in 2023 but were marked as “eligible not paid” will receive their pending payments on September 12, 2024. For new applicants, the payment will be split into two installments: the first on October 3, 2024, and the second on October 24, 2024. If you applied on time and your application is approved, you’ll receive $1,312 or more, depending on inflation adjustments.
