Permanent Fund Dividend worth up to $3,284 is being issued in the state of Alaska. In this article, read and find out who qualifies for the dividends!On June 15, residents of Alaska who were categorized as “eligible-not paid” last June 7 have began receiving their Permanent Fund Dividend checks. Reports say the Permanent Fund Dividend is a part of the state of Alaska’s revenues in oil and gas and the amount will be worth up to $3,284.
However, according to LaPonsie, despite having already received Permanent Fund Dividend checks, some residents of the state were still listed “eligible-not paid”. Furthermore, another group of recipients are still expected to be issued with the Permanent Fund Dividend checks this month.
Unfortunately, $2,662 of the $3,284 in Permanent Fund Dividend is considered taxable income. The remaining $662 will not be taxed as it is considered an energy relief.
Permanent Fund Dividend Eligibility
According to Johnson, to be eligible for the Permanent Fund Dividend, an applicant must have resided in Alaska for the whole year that the Permanent Fund Dividend checks were being issued. In addition, aside from filing the state income taxes, an applicant must also fill out for the Permanent Fund Dividend before the yearly deadline every March 31.