If you’re a resident of Alaska, there’s some exciting news for 2025: the state is preparing to distribute $1,312 stimulus checks under the Permanent Fund Dividend (PFD) program. Funded by Alaska’s oil revenues, this annual payment provides direct financial support to eligible residents, helping cover living expenses and stimulate the local economy. With payments expected to roll out in October 2025, it’s important to understand how the program works, who qualifies, and what updates may affect this year’s payout.
What Is the $1,312 Stimulus Check?
The $1,312 stimulus check is part of Alaska’s longstanding Permanent Fund Dividend, established in 1976 to share a portion of the state’s oil wealth with residents. Each year, the state calculates the dividend based on the fund’s investment earnings and legislative decisions. For 2025, the confirmed base amount is $1,312, though this figure could increase if lawmakers adopt new payout formulas currently under review.
This payment helps many Alaskans cover essential costs like utilities, groceries, and housing. It also encourages spending within local businesses, offering an economic boost to communities across the state.
Who Is Eligible for the 2025 PFD Payment?
To qualify for the 2025 stimulus check, residents must meet the following eligibility criteria:
- Permanent residency: You must have been an Alaska resident for the entire previous calendar year.
- Intent to remain: You must plan to stay in Alaska indefinitely.
- Physical presence: You cannot have been absent from the state for more than 180 days, unless for approved reasons (military service, education, or medical treatment).
- No disqualifying convictions: Certain felony or misdemeanor convictions can make you ineligible.
- Timely application: Applications must be submitted between January 1 and March 31 annually.
The application window for the 2025 payment closed on March 31, 2025. If you missed it, you’ll need to apply for the 2026 payment when the window opens in January.
Payment Date and Amount: What to Expect
Payments are expected to be distributed in October 2025. While the official amount is set at $1,312, lawmakers are considering proposals that could increase the dividend to around $1,400 or more if new payout formulas are approved.
The table below summarizes the key details:
| Details | Information |
|---|---|
| Confirmed base amount | $1,312 |
| Potential increased amount | ~$1,400 (pending approval) |
| Payment month | October 2025 |
| Application deadline | March 31, 2025 |
Can Everyone Expect a Payment?
While often referred to as a “stimulus check,” the PFD is not a federal stimulus and does not go to everyone. Only eligible Alaska residents receive it. Non-residents, individuals with disqualifying criminal records, or those absent for non-approved reasons are excluded from the program.
Additionally, it’s important to note that the IRS considers the PFD taxable income, meaning you’ll need to report it on your federal tax return.
What’s Next for Alaska’s Dividend Program?
Governor Mike Dunleavy has advocated for larger dividend payments, proposing a payout of around $3,900 per resident. Achieving this would require drawing from Alaska’s Constitutional Budget Reserve, sparking debate among lawmakers about balancing immediate payments with long-term fiscal stability.
For now, the confirmed payment stands at $1,312, but residents should stay tuned as legislative decisions could adjust the final amount. You can check your individual payment status by logging into your account at pfd.alaska.gov.
The Permanent Fund Dividend continues to be a vital source of financial support for thousands of Alaskans, especially amid rising living costs and economic uncertainty. While debates about its size and sustainability continue, it remains a unique example of resource wealth sharing in the U.S.
FAQs
Will every Alaska resident get $1,312 in 2025?
Only eligible residents will receive the payment. Some may be disqualified based on residency, absence, or criminal record.
Is the $1,312 payment taxable?
Yes. The IRS treats the PFD as taxable income.
When will payments be issued?
Payments are scheduled for October 2025.
Can the payment amount increase?
Yes. Legislative decisions could raise the payout to around $1,400 or more.
How can I check my eligibility or payment status?
Log in to your account at pfd.alaska.gov.
