The state of Alaska has finally opened the Permanent Fund Dividend Application this year that will send additional money to the residents.
Permanent Fund Dividend Application
In this time of tax season, millions of Americans are waiting for their tax refunds and rebates. Meanwhile, the state of Alaska has finally opened the Permanent Fund Dividend Application for the residents in the state that will allow them to claim additional money.
In a published article in The U.S. Sun, here are important things that residents should know about the Permanent Fund Dividend Application:
- Applications for the 2023 dividend began being accepted on January 1, 2024, and are open through March 31, 2024.
- Dividend applications that were in “Eligible-Not Paid” status for the previous year as of January 10, 2024, started going out on January 18, 2024.
- Dividend applications in the “Eligible-Not Paid” status on February 7, 2024, will be distributed on February 15, 2024.
- Also, dividend applications in the “Eligible-Not Paid” status on March 13, 2024 will be distributed on March 21, 2024.
Moreover, those who wish to access the Permanent Fund Dividend Application can directly go to the PFD website.
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How Much Will You Receive?
According to an article published on the official website of the Alaska Department of Revenue, eligible residents will receive an amount of $1,312 once they pass the requirements of the Permanent Fund Dividend Application this year.
Furthermore, the fund source comes from the state’s revenue from oil and gas reserves. This is a one-time payment which is given once a year, and the amount varies every year.