Stimulus Payment: Confusion is spreading across social media and news outlets about a supposedly “stopped” $1,702 stimulus payment for June 2025. After digging through official sources and government websites, I need to set the record straight—because what’s actually happening is quite different from what many people believe.

The Reality Behind the $1,702 Payment Claims

Here’s the truth that’s getting lost in all the noise: there is no federal $1,702 stimulus payment that was scheduled for June 2025 and then stopped. What people are actually talking about is Alaska’s Permanent Fund Dividend (PFD), which is a completely different program that only affects Alaska residents.

The Alaska Department of Revenue confirms that applicants with 2024 or earlier applications marked “Eligible – Not Paid” as of June 11, 2025, will receive their money on June 18. This payment, totaling $1,702, consists of $1,403.83 with an additional $298.17 Energy Relief Payment.

The confusion stems from misleading headlines that make Alaska’s state-specific program sound like a nationwide federal stimulus—which it absolutely isn’t.

What Alaska’s PFD Program Actually Represents

Alaska’s Permanent Fund Dividend isn’t new or emergency relief—it’s been running since 1982. The Permanent Fund Dividend is an annual payment made to qualifying Alaska residents, drawn from the state’s Permanent Fund, which was established in 1976 to invest a portion of the state’s oil revenue.

Think of it as Alaska’s way of sharing oil wealth with its residents. The fund has grown to over $81 billion and distributes a portion of its earnings, usually giving out in excess of $1,000 to eligible residents each year. This isn’t stimulus money—it’s dividend income from state investments.

The 2024 dividend amount happens to be $1,702, which sounds impressive but represents normal operations for this decades-old program.

Why People Think There’s a “Federal” $1,702 Stimulus

The internet has created a perfect storm of misinformation around this topic. Search results are filled with articles using phrases like “$1,702 Stimulus Checks for Everyone” when the reality is that only Alaska residents who meet specific requirements can receive these payments.

Some websites deliberately use misleading language to drive traffic, creating headlines that suggest nationwide eligibility when they’re actually discussing Alaska’s state-specific program. This has led thousands of Americans to believe they’re entitled to payments they’ll never receive.

The confusion gets worse when people see legitimate news about Alaska PFD payments and assume it applies to them, regardless of where they live.

Federal Stimulus Reality Check for 2025

Let me be crystal clear: there are no federal stimulus payments of $1,702 or any other amount authorized for 2025. The last major federal stimulus payments were distributed in 2021 under the American Rescue Plan Act, which provided $1,400 per person.

Congress has not passed any legislation authorizing new stimulus payments, and President Biden has not signed any bills creating nationwide economic relief payments for 2025. Any website claiming otherwise is either misinformed or deliberately misleading readers.

The federal government does continue various ongoing programs like Social Security, unemployment benefits, and tax credits, but these aren’t new stimulus payments and certainly aren’t $1,702 lump sums.

Alaska PFD Payment Status: Proceeding Normally

Contrary to claims about payments being “stopped,” Alaska’s PFD payments are proceeding on schedule. 2024 (and prior year) dividend applications that are in “Eligible-Not Paid” status on June 11, 2025, will be distributed on June 18, 2025.

The Alaska Department of Revenue has provided clear schedules for various payment rounds, with different dates for different applicant categories. The scheduled payment of $1702 Stimulus checks which will help residents to cover their expenses will be on July 18, 2025. It will be paid to residents whose applications submitted in 2024 and before are listed as “Eligible-Not Paid” by July 11, 2025.

There’s no crisis, no emergency stop, and no political controversy surrounding these payments—they’re running according to established procedures.

Who Actually Qualifies for Alaska’s $1,702 Payment

Alaska’s PFD isn’t available to just anyone who wants it. Be Alaska residents for the entire calendar year prior to the payment year. Intend to remain in Alaska indefinitely. Not be convicted or incarcerated for any felony or misdemeanor crimes in the state. Have filed an application by the annual March 31 deadline.

You must have lived in Alaska for the entire 2024 calendar year, plan to stay permanently, meet physical presence requirements, and have applied by March 31, 2025. about 600,000 of Alaska’s roughly 740,000 people have applied for dividends as of the application deadline.

If you don’t live in Alaska and haven’t met these requirements, you’re not eligible—period. Moving to Alaska now won’t make you eligible for the 2025 payment since the residency requirement is based on the previous calendar year.

Tax Implications That Many People Miss

Here’s something that often gets overlooked in discussions about Alaska’s PFD: The entire $1,702 Alaska Permanent Fund Dividend payment for 2024 is taxable for federal income tax purposes and should be reported as income on Schedule 1 (Form 1040), line 8g.

This means Alaska residents receiving these payments need to include them in their federal tax returns. It’s not “free money”—it’s taxable income that will affect your tax bill come April.

Many people assume any government payment is tax-free, but that’s not the case with Alaska’s PFD. Recipients should plan accordingly and possibly set aside money for taxes.

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Stimulus Payment The Bottom Line: Separate Fact from Fiction

The supposed “$1,702 stimulus payment stopped” story is based on fundamental misunderstandings about what these payments actually are. Alaska’s Permanent Fund Dividend is proceeding normally for eligible Alaska residents, while no federal stimulus payments exist for 2025.

If you’re not an Alaska resident, you’re not missing out on any payment you were entitled to receive. If you are an Alaska resident and have questions about your PFD status, check the official Alaska Department of Revenue website rather than relying on third-party articles.

The real lesson here is the importance of verifying information before believing or sharing it. In an era of clickbait headlines and viral misinformation, taking time to check official sources can save you from unnecessary worry or false hope about money that was never coming your way.

Stay informed, but stay skeptical of headlines that seem too good to be true—because in this case, they definitely were.