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The House proposed a $2,700 dividend more than double the $1,300 ultimately passed but House leaders couldnt muster the votes to dip into savings to pay for it. The final budget included a provision to pay an additional $500 if oil prices are above predictions.
When will I get my dividend? Applicants who filed an online application (web) and selected direct deposit and have been determined eligible for payment by September 22, 2023, will receive their 2023 dividend through direct deposit on October 5, 2023.
If your childs total income was exclusively unearned (meaning the Alaska PFD, plus interest, dividends, or capital gains distributionsno wages or other income earned by working) and was less than $11,500, you can either report their PFD on your return or your child can report it on their own return.
The House proposed a $2,700 dividend more than double the $1,300 ultimately passed but House leaders couldnt muster the votes to dip into savings to pay for it. The final budget included a provision to pay an additional $500 if oil prices are above predictions.
Exact year-end figures were not yet available on Wednesday, but as of May 31, the Permanent Funds total fund balances stood at just under $76.1 billion. On the same date in 2022, they were $79.5 billion. Those figures obscure the looming problem somewhat, because the fund consists of two main accounts.
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Due to recent IRS guidance, the entire amount of the 2022 dividend is not taxable, please read asterisk (*) area below. The 2022 Permanent Fund Dividend (PFD) amount is $3,284. The taxable* amount of the 2022 PFD is $2,622. The portion of the 2022 PFD that is not taxable* is the energy relief portion of $662.
Alaska Permanent Fund Dividends and Resource Rebate payments are taxable to either an adult or a child recipient and must be reported on a federal income tax return. Include these amounts on line 8g of Schedule 1 (Form 1040)PDF and attach to Form 1040 or Form 1040-SR.

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