$1,702 Stimulus Payment in March 2025 – Check If You Qualify!

Stimulus Payment $1,702 Requirements: Good news to Alaskans! They are to get a stimulus payment of $1,702 as the 2025 Permanent Fund Dividend (PFD). It is part of the funds they receive from the state’s oil and gas revenue, which they are given to the eligible territories annually. This payment is for assisting with the fundamental needs such as food, housing and medical attention.

Details of the $1,702 payment

2024 Permanent Fund Dividend is $1,702 and is composed of:

• Energy Assistance Amount: $298.17
• Permanent Fund Dividend: $1,403.83

Eligibility

If you want to arrange eligibility for the payment, one must complete the following card:

• Residency Condition:
  • Should have been staying in Alaska for the whole calendar year before the date of application.
  • Should want to stay in Alaska forever at the time of application.
  • Must have been in Alaska for at least 72 years during the last 24 months.
• Criminal record:
  • Not imprisoned on any serious crime in the last 12 months.
  • If found guilty of having committed more than two crimes after January 1, 1997, not imprisoned on any crime punishable (misdemeanor) during the last 12 months.

Payment plan

Eligible-unpaid (qualified-unpaid) applicants, as per the Alaska government, will have to pay on the following dates:

• Applicants in “eligible-unpaid” status as of March 12, 2025 will be paid on March 20, 2025.
• Applicants in “eligible-unpaid” status as of April 9, 2025 will be paid on April 17, 2025.
• Applicants in “eligible-unpaid” status as of May 7, 2025 will be paid on May 15, 2025.

If you have not applied, you still have a few days to do so. The deadline for applying is March 31, 2025. To apply, you can apply online on the PFD online portal pfd.alaska.gov or by mail.

Exemptions in special circumstances

There can be special exemptions to eligibility in some cases, such as:

• If there is a personal disqualification.
• If a deceased person is applying for benefits.
• If military personnel becomes under the Hostile Fire or Imminent Danger Pay (Hostile Fire or Imminent Danger Pay) during the time of application.
• In such exceptional circumstances, it is necessary to contact the Alaska Revenue Department (Alaska Revenue Department) directly.

Why is the $1,702 stimulus payment being delivered?

The main reasons for delivering this payment are:

1. Inflation relief:

• Inflation is increasing forever in America. Food, house rent, petrol, and all basic commodities are becoming expensive. In this state, this figure will bring relaxation to the general public.

2. Help in household spending:

• Everyone is facing difficulty in paying electricity bills, rent, doctor’s bills or loans. This figure will help them to spend on these bills.

3. Boosting the economy:

• When the government gives money to individuals, they spend it, and this distributes money in the market and is a profit for business.

Who are eligible for the $1,702 stimulus check?

There is special eligibility for this check. Let’s see who can avail the benefit of this scheme:

1. Income Limit:

• If your annual income is less than $75,000, you will get this check as a full amount.
• If your income is between $75,000 and $99,000, you will get a partial payment.
• People whose income is more than $99,000 will not get this benefit.
• This threshold for married couples will be $150,000.

2. Citizenship:

• US citizens and permanent residents alone will be eligible for this payment.
• Temporary work visa holders, foreign nationals, and illegal immigrants will not get this benefit.

3. Tax Filing:

• You must file your 2024 Tax Return on time.
• If your income was so low that you did not have to pay taxes, you do need to sign up with the IRS’s “Non-Filers Tool.”

Conclusion

The government of Alaska’s $1,702 PFD payment is a huge amount of financial aid for the worthy location. In case you have attained the worthiness, then make sure you apply in advance. The 31st March 2025 is the cutoff date for submission, so submit on the PFD portal within time and get the benefit of this financial assistance.

FAQ’s