The year 2025 is set to bring welcome financial relief for Alaskans. Alongside the new Permanent Fund Dividend (PFD) payment schedule, residents who filed their tax returns in 2021 but did not receive any stimulus payment will get a special assistance payment from the IRS. This double support could make a significant difference for households dealing with the state’s high cost of living and challenging climate.
PFD Scheme
The Permanent Fund Dividend is a program run by the Alaska government to share part of the state’s mineral resource income with its residents. Every year, eligible Alaskans receive this payment from the Alaska Department of Revenue. It is exclusive to permanent residents of Alaska and aims to ensure that citizens benefit directly from the state’s natural wealth.
Objective
The PFD scheme is more than just a financial aid measure. It reflects a broader vision to:
- Distribute part of the state’s oil and gas income among residents
- Provide financial support in a high-cost environment
- Encourage permanent residency in Alaska
2025 Payment Dates
For those who applied in 2024 and are eligible, the government has announced two major payment dates for 2025:
Payment Date | Eligibility Cut-off | Amount |
---|---|---|
20 Feb 2025 | Status “Eligible-Not Paid” by 12 Feb 2025 | Regular PFD amount |
20 Aug 2025 | Additional qualifying residents | $1,702 extra |
These are the only confirmed dates so far, and any changes will be announced publicly.
Applications
If you applied for the PFD in 2024, you may be eligible for both payments in 2025. However, if you missed last year’s application, you cannot claim retroactively.
For the 2025 cycle:
- Application start: January 1, 2025
- Last date: August 31, 2025
- Process: Online submission only
- Limit: One application per person
Eligibility
To qualify for the PFD, you must:
- Reside in Alaska for the entire year
- Intend to settle permanently in the state
- Not apply for citizenship in another state or country
- Have no serious criminal convictions in 2024
- Be physically present in Alaska for the required period
Importance
The PFD scheme supports both individuals and the state’s economy:
- Reduces the burden of high living costs
- Helps families meet education, health, and essential needs
- Boosts local businesses and creates jobs when funds are spent in the community
Special IRS Stimulus
In addition to PFD payments, the IRS will issue a special stimulus check in 2025 to taxpayers who filed in 2021 but never received their Economic Impact Payment. This offers another financial boost for eligible residents.
Double Financial Relief in 2025
Alaskans can expect two major sources of assistance:
- Special IRS stimulus for those who missed out in 2021
- PFD payments on February 20 and August 20, 2025
With timely applications and accurate information, 2025 could bring much-needed financial stability for many Alaska households.
FAQs
What is the PFD program?
An Alaska state payment sharing mineral income with residents.
When will PFD be paid in 2025?
On February 20 and August 20, 2025.
How much is the August 2025 extra payment?
$1,702 for qualifying residents.
Who gets the special IRS stimulus?
2021 tax filers who missed the Economic Impact Payment.
Can I apply for PFD now?
Yes, between January 1 and August 31, 2025.