PFD Payment 2025: 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. These unexpected payments will be made by the IRS and, after that, the State of Alaska will also make PFD (Permanent Fund Dividend) payments.
What is a PFD?
The PFD program provides payments each year to eligible residents of Alaska. The money comes from the investment of mineral royalties, which are distributed through the Alaska Department of Revenue. Alaska residents must 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 Department of Revenue has announced two new payday dates for 2025. The next payment will be 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 is “Eligible-Not Paid” as of February 12, you will receive this payment on February 20, 2025.
In addition, a payment of $1,702 on March 20, 2025, will also be received by some eligible PFD recipients. So far, these are the only payment dates confirmed for 2025.
Can I still apply for PFD payments?
However, you can still apply for the Permanent Fund Dividend, but only those who had an application 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 will be accepted per person. If you want to apply for this check or direct deposit in Alaska, the following eligibility criteria are required:
- You have been a resident of the state of Alaska for the entire calendar year.
- You intend to reside in Alaska permanently.
- You have not applied for residency in another state or country.
- You have not been convicted or sentenced to prison in 2024. (You can check pfd.alaska.gov for more information.)
- You have been absent for the number of days allowed by the DOR.
- You have been physically present for the required time.
Importance of the PFD Program
PFD payments are an important financial aid that provides Alaska residents a share of the investment profits earned from their mineral royalties. It promotes a form of financial independence and helps make state residents economically capable.
Conclusion
In 2025 Alaska residents will receive their financial relief through both the special stimulus checks being paid out by the IRS and the PFD payments from the state of Alaska. On these payment dates, you could wait for your payment if you had applied earlier. Make sure you meet the eligibility criteria and complete the application process correctly.
FAQs
Q. What is the PFD payment in Alaska?
A. The PFD (Permanent Fund Dividend) is an annual payment to eligible Alaskan residents, funded by the state’s investment earnings from 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, with $1,702 payments.
Q. Can I still apply for the 2025 PFD payment?
A. You can apply for the 2025 PFD payment between January 1 and March 31, 2025, if you meet eligibility criteria.
Q. How can I check if I am eligible for the PFD payment?
A. You can check your Permanent Fund Dividend status online. If it says “Eligible-Not Paid” by February 12, 2025, you’ll receive the payment on February 20, 2025.
Q. What are the eligibility requirements for the PFD payment?
A. To qualify, you must have been a resident of Alaska for the full calendar year, intend to remain in Alaska, and meet other criteria specified by the Alaska Department of Revenue.
