The $1702 stimulus payment is expected in November 2024. Check Payment Eligibility and Deposit Date

As November 2024 approaches, many Alaskans eagerly await the $1,702 stimulus payment, combining the Permanent Fund Dividend (PFD) with an Energy Relief Check. This payment offers much-needed financial assistance during the colder months, allowing people to handle growing heating prices and other living expenditures. This page explains all you need to know about the stimulus payment, including eligibility requirements, payment dates, and how to maximize your benefit.

The $1,702 stimulus payment, which combines Alaska’s PFD and Energy Relief Check, offers crucial financial help to households throughout the winter months. Understanding the qualifying requirements, checking your payment status, and how to appeal failed applications can help you ensure a smooth procedure. Visit the Alaska Department of Revenue – PFD Division for the most up-to-date information and support.

What Is The $1,702 Stimulus Payment?

The $1,702 stimulus payment is made up of two essential components:

• The Permanent Fund Dividend (PFD) annually distributes Alaska’s oil and mineral earnings to qualified residents. For 2024, the PFD is $1,403.83.
• An additional payment of $298.17 is intended to cover high energy bills during the winter months.
• These payments aim to share Alaska’s resource wealth and assist citizens who face increased expenditures during the winter months.

Eligibility criteria:

To receive the $1,702 stimulus grant, candidates must satisfy the following criteria:

• Residency Requirement: Applicants must have lived in Alaska for the previous calendar year and plan to stay indefinitely.
• Allowable Absences: The Alaska Department of Revenue has specific requirements for allowing unavoidable absences. Examples of permissible absences are Education, Military Service, and Medical therapy. Please submit documents to explain and justify your absence if you are absent.
• Applicants with criminal convictions or jailed for most of the qualifying year are ineligible. The Alaska Department of Revenue’s PFD Division thoroughly explains eligibility.

How Do I Appeal Denied $1702 Stimulus Payment Applications?

If your application is refused, you may appeal the decision. The appeals procedure involves:

• Review Your Denial Letter: Determine the particular grounds for your denial.
• Gather supporting documents: Provide proof of eligibility, such as residence documentation or a rationale for your absence.
• Submit an appeal. You can submit your appeal using the myPFD site or by mailing the relevant paperwork to the PFD Division. The appeals deadline is December 31, 2024.