$1312 Stimulus Payment: Citizens in Alaska who are eligible to receive the $1312 payment of Alaska Permanent fund dividend are waiting for the next payment this month. The Eligible beneficiaries will receive the $1312 Stimulus Payment soon in their bank account. So if you are also living in Alaska and eligible for getting the $1312 Stimulus Payment, then you can check this article where we are providing you all the important information of the program including eligibility criteria, date of releasing the $1312 Stimulus Payment, how to get the $1312 Stimulus Payment, how much beneficiaries will receive in this month, etc.
$1312 Stimulus Payment
The department of Revenue in Alaska released permanent fund dividend payment to all the citizens living in the country where the government distributes the earned fund from the natural resources of the country to the citizens. So they can use the payment for their personal welfare and overcome the effects of inflation in the country. As the authority will soon start to release the payment to all the eligible citizens, but the payment is distributed into different installments where few citizens who are not eligible will get the payment in second installment which will be schedule soon for this month.
Alaska $1312 Stimulus Payment Amount
It is a good opportunity for citizens in Alaska to receive financial assistance from the government as the authority has increased regular payouts of Alaska PFD from $1312 to $1,702. So beneficiaries who received the payment of $ 1312 in last year will get $390 Extra payment soon and it will be $1702. So if you are living in the country and paying the tax then you can claim the payment without following any detailed eligibility.
$1312 Stimulus Payment Eligibility Criteria
- You must have been an Alaska resident for the entire calendar year preceding the date you apply for the dividend (in this case, all of 2023).
- You must intend to remain an Alaska resident indefinitely at the time you apply for the dividend.
- You must not have claimed residency in any other state or country or obtained a benefit as a result of a claim of residency in another state or country since the beginning of the qualifying year.
- You must not have been absent from Alaska for more than 180 days total during the qualifying year, unless you meet specific allowable absence criteria.
- You must not have been sentenced as a result of a felony conviction during the qualifying year.
- You must not have been incarcerated as a result of a felony conviction during the qualifying year.
- You must have been physically present in Alaska for at least 72 consecutive hours during the qualifying year.
So if you are following above eligibility then can wait for the date of releasing the payment and after that can check status of your being account as department of Revenue will release the payment on the scheduled date.
Alaska PFD Payment Date
The department of Revenue has scheduled two dates to distribute the payment of permanent fund dividend for this year where the first date will be scheduled soon for this month as expected on 19th December, where individuals who were eligible to get the payment will soon received the payment.
On the PFD’s website, they state that “2024 (and prior year) dividend applications that are in ‘Eligible-Not Paid’ status on December 11, 2024 will be distributed on December 19, 2024,” while those “in ‘Eligible-Not Paid’ status on January 8, 2025 will be distributed on January 16, 2025.”
Alaska PFD Payment issue resolve
The PFD office is busy to resolve queries of applicants right now. If you can’t get through on the phone, try again later. They’re open on weekdays from 10 AM to 4 PM. Make sure your bank info and address are up to date. The PFD office has a schedule on their website showing when they’ll pay people each month as more applications are approved. The website is as follows:-
How do I apply for the Alaska PFD Payment?
- Applications for the PFD are made every year from January 1 to March 31, by mail or online, and must be submitted for each family member.
- To be eligible, you must be a registered resident of Alaska, have lived in the state for a minimum of 12 months and have no plans to leave in the nearest future.
- It is essential to have had a minimum of 72 continuous hours within Alaska in the last 24 months and they must not have been imprisoned for a felony within the last year, or for a misdemeanor if they were previously convicted of a felony or two misdemeanors since January 1, 1997.
$4873 Plus Three Payments Scheduled for Social Security in December 2024, Don’t Miss!
TSGENCO AE Exam 2025: Check Eligibility, Online Form, Exam Date & Pattern, @tsgenco.com
Fact Check
It is important to check official sources for the most accurate and current information on Alaska PFD Payment. Details like income limits, payment times, and eligibility can change based on individual situations. To confirm your entitlement, visit Services Australia or speak with a financial advisor for the latest updates.
FAQ’s: Alaska $1312 Stimulus Payment
Is Alaska $1312 Stimulus Payment coming?
It is expected to be released on 19th Dec this month for applications that are in ‘Eligible-Not Paid’ status on December 11.
Can non-Alaska residents apply for this payment?
No, only permanent Alaska residents meeting eligibility standards can receive the PFD.
Is this a federal incentive check?
No, the $1,312 payment is part of Alabama’s state-funded Permanent Fund Dividend program, not a federal initiative.
Is there tax on PFD?
Yes, the PFD payment is taxable income and MUST be reported on your federal income tax return.
Can children receive the PFD?
Yes, children are eligible, but a parent or guardian must apply on their name.
How is the PFD amount decided?
The payment amount is based on the earnings of the Alaska Permanent Fund after operational expenses and reserves are deductible.
