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Frequently Asked Questions

How much is Alaska PFD?

This year’s PFD amount is $992. 2021 Permanent Fund Dividends will be distributed in October. How long can you leave Alaska and still get PFD? As of 2019, the fund was worth approximately $64 billion that has been funded by oil revenues and has paid out an average of approximately $1,600 annually per resident (adjusted to 2019 dollars).

Is Alaska PFD taxable income?

The Internal Revenue Service reminds Alaskans that the Alaska Permanent Fund Dividend is taxable income for both adults and children, and must be reported on a Federal income tax return.

What is the tax rate in Alaska?

With local taxes, the total sales tax rate is between 0.000% and 9.500%. Alaska is one of 5 states that does not have a state sales tax (the others are Delaware, Montana, New Hampshire, and Oregon). Unlike the other states with no state sales tax, Alaska cities and boroughs (county like regions) may impose their own sales tax.

How much was the Alaska PFD?

This year’s Alaska Permanent Fund dividend (PFD) payout is $900. The dividend will be distributed to eligible Alaska residents beginning Oct. 3. Altogether, there were 670,865 Alaska PFD applicants this year, and about 640,436 should qualify, Rodell said. When is the deadline to file a PFD? The 2021 PFD filing season is nearing the deadline.

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