If you live in Alaska, you may know about the Permanent Fund Dividend (PFD). This is a yearly program that gives some of the state’s money made from oil and gas to people in need. Most Alaskans get a stimulus check every year as part of this program. This helps a lot of families across the state with their money.
The agreed upon amount for 2023 was $1,312 per person, which many residents have already gotten in 2024. But if you still haven’t gotten this payment, you may not get it soon because Alaska’s Department of Revenue has already started sending out checks for 2024. If you’re still waiting, you need to move quickly and know what to do next to make sure you don’t miss out on any possible money.
Distribution of the 2024 stimulus check
The Permanent Fund Dividend has agreed to give more money this year: $1,702 to each resident who meets the standards. Early applicants who applied online and chose direct transfer before September 20, 2024, started getting their money on October 3.
Don’t worry if you didn’t send your request by the due date or if your application became “Eligible” after September 20 but before October 14. The next set of payments will happen on October 24, 2024. This means that you could still get your check if you met the requirements within that time frame.
What to do if you didn’t receive the 2023 check
It’s important to act quickly if you haven’t gotten your 2023 payment yet. The official website for the 2024 Alaska Permanent Fund Dividend doesn’t say if the amount that was passed in 2023 is still being given out. So, if you think you should have gotten your payment but haven’t, the best thing to do is to call the Alaska Department of Revenue.
You can call them at 907-465-2326 or fax them at 907-465-3470. People who would rather go in person can go to P.O. Box 110462, Juneau, AK 99811-0462 and see the Permanent Fund Dividend Division. It’s important to take care of any problems as soon as possible, since it might get harder to catch up on bills from last year as time goes on.
Update your banking information or address
If you’ve moved or changed your bank account information since you last sent in your application, you need to make sure that this information is correct so that you don’t have to wait to get your check. Alaskans can use a specific form from the Alaska Department of Revenue to change both their mailing address and how they pay their taxes.
If you’re already waiting for the 2024 check, this is especially important because any mistakes in the information you give could cause delays. Making sure that your payment information is correct will help you avoid problems in the future. Now is a great time to check if your information is correct if you’re not sure.
Key dates to keep in mind
As we already said, people who applied before September 20 and chose direct deposit are already getting their 2024 checks. The next important date for people whose applications were accepted between September 20 and October 14, 2024, is October 24.
You should call the Department of Revenue to make sure that everything is okay with your application if you haven’t gotten your payment yet or have questions about the process.
It’s important to remember these times because the check distribution dates don’t go on forever. Even if your application is stuck or you forgot to meet one of the requirements, you can still fix some things and get your money. But it’s always better to act quickly than late to avoid missing out.
If you act now, especially if you’ve had problems with your qualifying or payment status, you’ll be ready to get any future payments without having to wait too long. Anything that goes wrong might be harder to fix the longer you wait, especially since the state starts new payment rounds every year.
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