$1,702 Stimulus Payment in June 2025: How to Check If You’re Eligible

Many Alaskans are excited about the $1,702 stimulus payment arriving in June 2025. This payment is part of the Alaska Permanent Fund Dividend (PFD) program, which shares the state’s oil revenue with its residents. The program helps people manage rising costs like energy bills and daily expenses. This article explains who qualifies, how to check your eligibility, payment dates, and more in simple language. Whether you’re waiting for your payment or applying for the first time, we’ve got you covered.

What Is the $1,702 Stimulus Payment?

The $1,702 stimulus payment is a financial benefit for Alaska residents through the PFD program. It’s not a federal stimulus check but a state initiative funded by Alaska’s oil and gas profits. The payment combines two parts:

• Regular Dividend: $1,403.83, which is the annual share of the state’s oil revenue.
• Energy Relief Bonus: $298.17, a one-time extra to help with high energy costs.

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This program, started in 1976, ensures Alaskans benefit from the state’s natural resources. The Alaska Permanent Fund Corporation (APFC) manages these funds, and the 2025 payment is 30% higher than last year’s $1,312, offering significant relief during inflation.

Who Can Get the $1,702 Payment?

To receive the $1,702 payment, you must meet specific eligibility rules set by the Alaska Department of Revenue. Here’s what you need to qualify:

Each family member, including children, needs a separate application. Parents or guardians must apply for minors. If you applied for a REAL ID in another state, you might not qualify.

When Will You Get the Payment?

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Payments are scheduled based on when your application was approved. Here’s the 2025 PFD payment schedule:

• Direct Deposit: Fastest method, usually arriving on the payment date.
• Paper Checks: May take longer, mailed out after direct deposits.

Many eligible residents have already received payments earlier in 2025. The June 18 payment is for those with “Eligible-Not Paid” status by June 11.

How to Check If You’re on the Beneficiary List

Wondering if you’re eligible for the $1,702 payment? Follow these steps to check your status:

1. Visit the Official PFD Website: Go to pfd.alaska.gov.
2. Log In or Create an Account: Use or set up a myAlaska account.
3. Check Application Status: Go to the “Check My Application” or “Application Status” section.
4. Enter Details: Provide your Application Confirmation Number and date of birth.
5. Review Your Status: Look for “Eligible-Not Paid” to confirm you’ll get the June 18 payment.

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If you don’t have internet access, contact the Alaska Department of Revenue or request a paper form. Ensure your bank details or mailing address are updated to avoid delays.

How to Avoid Common Mistakes

Applying for the PFD is simple, but mistakes can delay or cancel your payment. Here are tips to avoid issues:

• Apply on Time: The 2025 application period closed on March 31, 2025. Late applications aren’t accepted.
• Update Information: Ensure your bank or mailing details are correct.
• Provide Proof: Document any long absences (e.g., for school or medical reasons).
• Be Honest: Don’t hide time spent outside Alaska or criminal records.

Double-check your application before submitting to avoid problems. If you miss the 2025 deadline, you’ll need to wait for the 2026 cycle.

Tax Information for the $1,702 Payment

Unlike federal stimulus checks, the PFD is taxable by the IRS. Here’s what to know:

• Federal Taxes: The $1,702 counts as taxable income. You’ll receive a 1099-MISC form for your 2025 tax return.
• State Taxes: Alaska doesn’t tax the PFD.
• Plan Ahead: Adjust your tax withholding to avoid surprises during tax season.

Consult a tax professional if you’re unsure how this affects your taxes.

Why This Payment Matters

The $1,702 payment is a big help for Alaskans facing high living and energy costs. It supports families, boosts local businesses, and strengthens the state’s economy. The extra $298.17 energy relief bonus is especially helpful for covering heating and fuel costs during Alaska’s cold winters.

Conclusion

The $1,702 stimulus payment in June 2025 is a valuable benefit for eligible Alaska residents. By meeting residency and application requirements, you can receive this financial boost to help with daily expenses. Check your status on the official PFD website, update your details, and avoid common mistakes to ensure you get your payment on time. This program shows Alaska’s commitment to sharing its natural resource wealth, making life easier for thousands of residents.

Frequently Asked Questions (FAQs)

1. What is the $1,702 stimulus payment?

It’s a payment from Alaska’s Permanent Fund Dividend (PFD) program, combining a $1,403.83 regular dividend and a $298.17 energy relief bonus, funded by the state’s oil revenue.

2. Who qualifies for the June 2025 payment?

You must be an Alaska resident for all of 2024, plan to stay, have no serious criminal record, and have applied by March 31, 2025.

3. How do I check if I’m getting the payment?

Visit pfd.alaska.gov, log into your myAlaska account, and check your application status with your confirmation number and birth date.

4. When will I receive the $1,702 payment?

If your application is “Eligible-Not Paid” by June 11, 2025, you’ll get the payment on June 18, 2025, via direct deposit or paper check.

5. Is the $1,702 payment taxable?

Yes, it’s taxable by the IRS as income, and you’ll receive a 1099-MISC form. Alaska doesn’t tax it.

6. What if I missed the application deadline?

The 2025 application period closed on March 31. You’ll need to apply in 2026 for the next cycle.

7. Can I apply for my children?

Yes, each family member, including kids, needs a separate application. Parents or guardians apply for minors.