On February 20, 2025, the Internal Revenue Service (IRS) certified that a tax refund of up to USD 1,700 would be issued. This advantage, however, will only be available to a specific group of people.
The money is for people who have received stimulus checks from the Permanent Dividend Fund (PFD), which has been distributed to qualified citizens for over 42 years.
Funds from oil investments are used to help Alaskans financially and to strengthen the local economy. Beneficiaries must be “Eligible-Unpaid” on February 12, 2025, to qualify for this round of payments.
The IRS confirmed that Alaskans will receive a new $1,700 stimulus check tomorrow
According to the Permanent Dividend Fund’s guidelines, the following residents will be eligible to receive the new stimulus cheque tomorrow:
- Be a registered resident of Alaska.
- You must have lived in the state for a minimum of 12 months.
- Demonstrate that you will continue to reside in Alaska indefinitely.
- Not have a criminal history.
- Not having claimed to be domiciled in another state during the year in which the dividend is paid.
To confirm the new stimulus checks, eligible recipients should first log into the Alaska Permanent Fund portal, then click “MyPFD” to verify their application status, change their address if electronically signed, and complete the Change of Address Form if necessary.
The $1,700 cheque is a significant financial relief for Alaska families, so make sure to receive it on time if you qualify.
How does the PFD application process work in the US?
Interested applicants for the PFD payment in Alaska should be aware that the online application period for the 2025 stimulus payment is now open, running from January 1 to March 31, 2025.
The online application allows you to file your application at any time and from any location by providing 24-hour access and reliable, secure information security. Additionally, the program emphasises that recipients should be aware of the following details:
- If approved, applications paid for by direct transfer and submitted online will be included in the first mass payment in early October.
- The second mass payment at the end of October will distribute applications that were submitted online and paid for with a check or those that were submitted on paper and determined to be qualified.
- When completing your online application, provide your MyAlaska username. In addition to reading your 1099 tax document, accessing my PFD with the myAlaska username you used to submit your application will provide you with more information about your application, as well as the ability to electronically sign, change your address, and make a direct payment.
- Keep in mind that if there are any incomplete or missing responses, your application will be reviewed.
Finally, remember that you can always use the myAlaska system, which provides a secure way for Alaskans to sign up and sign off. This electronic signature and authentication system allows Alaskans to interact with multiple State of Alaska agencies using a single login.
The PFD Division collaborates with myAlaska, despite being a separate company, to promote transparency, as stated by the Internal Revenue Service.
However, Alaskans should proceed with caution because some myAlaska customers have reportedly received phishing text messages requesting that they update or change their passwords. Do not respond to these messages. MyAlaska does not send email or text messages requesting that users change their passwords.
DOGE might access sensitive information from the IRS
In its efforts to drastically reduce the size of the federal workforce and eliminate what it describes as waste, fraud, and abuse within the government, DOGE has now targeted the IRS, which holds private information on millions of Americans’ tax returns, Social Security numbers, and banking information.
The agreement is part of a larger memorandum of understanding that the IRS is considering. It would give DOGE officials broad access to the agency’s system, including the Integrated Data Retrieval System, or IDRS, which allows IRS staff to access individual taxpayer accounts and bank information.
