Alaska’s $1,312 Stimulus Payment: Key Information You Need to Know

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The Alaska Department of Revenue is sending out $1,312 stimulus checks to eligible residents, starting on July 18, 2024. This financial aid is important for many Alaskans due to the high cost of living in the state.

Let’s look at what you need to know about this stimulus payment, including eligibility, payment schedule, and how to check your payment status.

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$1,312 Stimulus Check Update

Permanent Fund Dividend (PFD) Overview

The Permanent Fund Dividend (PFD) is expected to put nearly $1 billion into Alaska’s economy this year. This will help Alaskan families and boost local spending. Key dates and guidelines are important as we approach the distribution date. The application processing closed on July 12, and in-person services resumed on July 15.

Temporary Closure for Processing

From July 1 to July 12, 2024, the PFD Division temporarily closed its public services to process applications and documents. During this time, mail, email, and fax submissions were accepted.

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Resumption of In-Person Services

In-person services resumed on July 15, 2024, and are available on Mondays, Tuesdays, and Fridays from 10:00 AM to 4:00 PM. For more details or help, visit the PFD’s website or contact customer service.

$1,312 Stimulus Payment Schedule

Payments for those marked as “Eligible-Not Paid” as of July 10, 2024, will be processed on July 18, 2024. Residents who registered after this date will receive their payments around mid-August. Commissioner Adam Crum mentioned that the 2023 PFD contributed nearly $1 billion to the Alaska economy, helping residents with the rising cost of living.

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Eligibility Criteria for the $1,312 Stimulus Check

To qualify for the $1,312 payment, residents must:

  • Residency: Have lived in Alaska for the entire previous year or be a current resident at the time of application.
  • Income and Taxes: Eligibility depends on income and tax filing status. Both spouses must qualify if filing taxes jointly.
  • Criminal Record: Must have no criminal convictions.
  • Future Residency Plans: Must plan to stay in Alaska.
  • Dependents: Extra funds may be available for each dependent child listed on the application.
  • Application Status: Be marked as “Eligible-Not Paid” on the PFD website, showing approval for the dividend but pending payment.

How to Check Your Payment Status

To check the status of your $1,312 stimulus check:

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  1. Visit the Permanent Fund Dividend website at pfd.alaska.gov.
  2. Click on the “myPFD” option.
  3. Use the “myPFD” portal to view your application and payment status.

Make sure your address and personal details are up to date to avoid delays in receiving your check.

By meeting the eligibility criteria and keeping track of your application status, Alaskan residents can ensure they receive their $1,312 stimulus check smoothly.

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This financial support is a significant aid given Alaska’s high living costs and will help many residents manage their expenses better.

1. What is the Alaska $1,312 stimulus check?

The Alaska $1,312 stimulus check is a payment from the Permanent Fund Dividend (PFD) to help residents with living costs.

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2. When will the payments start?

Payments will begin on July 18, 2024, for those marked as “Eligible-Not Paid” as of July 10, 2024.

3. How can I check if I am eligible for the payment?

Check your eligibility status by visiting the PFD website and looking at your “myPFD” portal.

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4. What should I do if my payment is delayed?

Ensure your address and personal details are up to date on the PFD website to avoid delays. Contact customer service if needed.

5. Are there any specific criteria to qualify for the payment?

Yes, you must be a resident of Alaska, meet income and tax requirements, have no criminal convictions, and plan to stay in Alaska.

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By Arnia
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A Certified Public Accountant specializing in personal finance and taxation. Arnia engaging writing style and deep understanding of tax codes make her articles a must-read for individuals seeking to maximize their tax savings.
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