The Alaska Department of Revenue is getting ready to give qualified residents a $1,312 Stimulus Check. The payouts began on July 18, 2024, and are still going on. Because of how expensive it is to live in Alaska, this payment is very important and helps many people’s finances a lot.
The Permanent Fund Dividend (PFD) is projected to bring in almost $1 billion for the local economy this year. In addition to helping Alaskan families, this also boosts the economy by getting people to spend more. As the July release date gets closer, residents need to be aware of important dates and rules. On July 12, applications stopped being accepted. On July 15, services in person began again.
$1312 Stimulus Check July 2024 Update
Temporary Closure for Processing: The PFD Division shut down its public services from July 1, 2024, to July 12, 2024, so that it could process the applications and papers from the most recent filing season. During this time, entries could still be sent by mail, email, or fax.
Return of In-Person Services: As of July 15, 2024, services could be obtained in person on Mondays, Tuesdays, and Fridays from 10:00 AM to 4:00 PM. The PFD’s website and customer service are still available for more information or help.
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$1,312 Stimulus Payment Schedule
On July 10, 2024, people who were marked as “Eligible-Not Paid” will have their payments handled. The payment date has been set for July 18, 2024. People who signed up later will get their funds around the middle of August.
Commissioner Adam Crum says that the 2023 PFD has already added almost $1 billion to the Alaskan economy. This has helped the state’s people financially even though living costs are going up.
The PFD is instrumental in enhancing Alaska’s economic landscape by:
- The annual payments help lower poverty levels by providing direct financial assistance to residents.
- These funds increase consumer spending, directly benefiting local businesses and the broader economy.
- By distributing natural resource wealth among its residents, Alaska ensures a more stable and equitable economic environment.
Eligibility Criteria for the $1,312 Stimulus Check
To qualify for this payment, residents must meet the following criteria:
- Residency: Must have lived in Alaska for the entire previous year or be a current resident at the time of application.
- Income and Taxes: Eligibility can be affected by income and tax filing status. Married couples must both qualify if they file taxes jointly.
- Criminal Record: Applicants must not have any criminal convictions.
- Future Residency Plans: Must intend to remain in Alaska.
- Dependents: Additional funds may be available for each dependent child listed on the application.
- Application Status: Must be marked as “Eligible-Not Paid” on the PFD website, indicating approval for the dividend but pending payment.
How to Check Your Payment Status
Follow these steps to see what’s going on with your $1,312 relief check from the Permanent Fund Dividend:
- Visit pfd.alaska.gov, which is the official page for the Permanent Fund Dividend.
- Find the “myPFD” link on the page and click on it.
- You can see a lot of information about your application and payment progress on the “myPFD” portal.
- Make sure that your current address and other personal information are right so that you don’t have to wait to get your check.
By meeting these requirements and regularly checking the PFD website, Alaskans who are qualified can easily handle their applications and receive their dividend, making sure they get the most out of this big financial help.