$1312 Stimulus Check Eligibility: In 2025, Alaska residents may qualify for a $1,312 stimulus check under the Permanent Fund Dividend (PFD) program. This payment is a part of the state’s ongoing effort to share its oil revenue earnings with residents, providing economic relief and supporting financial stability.
What is the $1312 Stimulus Check?
The $1,312 stimulus check is a one-time payment distributed through Alaska’s PFD program. The amount is determined based on state oil revenue earnings and is intended to provide financial support to eligible residents. The payment is scheduled to be distributed in April 2025.
Who is Eligible for the $1312 Stimulus Check in 2025?
To qualify for the $1,312 stimulus check, applicants must meet the following criteria:
- Alaska Residency:
- Must have been a legal resident of Alaska for the entire calendar year preceding the payment year (2024).
- Intent to Remain in Alaska:
- Applicants must demonstrate an intent to remain in Alaska indefinitely.
- Absence Restrictions:
- Absences from Alaska must not exceed 180 days during the qualifying year, except for certain exemptions such as:
- Military service
- Full-time education
- Medical treatment
- Absences from Alaska must not exceed 180 days during the qualifying year, except for certain exemptions such as:
- Criminal Record Check:
- Applicants must not have been convicted of a felony or incarcerated for a misdemeanor during the qualifying year.
- Tax Filing Compliance:
- Must comply with state tax filing requirements, if applicable.
How to Apply for the $1312 Stimulus Check?
Application Period:
- The application window opens on January 1, 2025, and closes on March 31, 2025.
How to Apply:
- Online Application: Submit the application through the official PFD website at pfd.alaska.gov.
- Paper Application: Obtain and submit a paper application if preferred.
Required Information:
- Proof of Alaska residency
- Social Security Number
- Banking details for direct deposit
- Income verification (if applicable)
Payment Distribution and Schedule
- Payment Amount: $1,312
- Distribution Date: April 2025
- Payment Methods: Direct deposit or mailed check
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FAQs– $1312 Stimulus Check Eligibility
1. Can children receive the $1,312 stimulus check?
Yes, children are eligible for the PFD payment. Parents or guardians must apply on behalf of minor children.
2. Is the $1,312 payment considered taxable income?
Yes, the PFD payment is considered taxable income. Consult with a tax advisor for detailed guidance.
3. What if I move out of Alaska after receiving the payment?
Recipients must maintain their Alaska residency status throughout the payment year to remain eligible.
4. What if I missed the application deadline?
Late applications are generally not accepted. Ensure your application is submitted by the March 31, 2025, deadline.
As a finance news writer at sirfal.com, I specialize in breaking down complex economic trends, market updates, and investment strategies into clear, actionable insights. My mission is to empower readers with the knowledge needed to make informed financial decisions. Thank you for engaging with my articles; I hope they add value to your financial journey.