2008 Permanent Fund Dividend
Energy Rebate $1200
September 05, 2008
Alaska Lieutenant Governor Sean Parnell today announced the amount
of the 2008 Permanent Fund Dividend.
According to the Department of Revenue, 610,768 eligible Alaskans
will receive a 2008 Permanent Fund Dividend (PFD) in the amount
of $2069. Resource rebates of $1,200 will be sent out with the
PFD. Eligible Alaskans will receive a total of $3269.
"The Alaska Legislature and the Governor, along with her
administration, worked together and passed legislation to distribute
a special Resource Rebate this year, before the arrival of winter,
to assist with rising energy costs," Lt. Governor Sean Parnell
said. "Governor Palin is sensitive to the fact that high
energy prices have had a negative impact on Alaskans' wallets."
Half a million (493,000-plus) qualified Alaskans will receive
the 2008 dividend directly deposited into their bank accounts
on September 12, historically early. The Department of Revenue's
PFD Division will be mailing checks to all remaining eligible
Alaskans on September 30, with those checks expected to arrive
within two weeks.
Seven out of 10 Alaskans (456,795 out of 641,000) used
the internet to file for this year's dividend. Many Alaskans
have said that the dividend itself has allowed them to acquire
a computer in their home and to become connected to the rest
of the world, whether they live in a city, town or remote village.
$17.2 billion has been distributed to eligible Alaskans since
the dividend program began in 1982. The first dividend was $1000,
covering three years. Individual Alaskans eligible for all 27
dividends have received more than $30,000.
Dividend Information Offices are located in Anchorage, Fairbanks
and Juneau and are responsible for assisting applicants who need
help completing their applications or need information about
the dividend program.
The Alaska PFD and the new Alaska Resource Rebate are taxable
income for Federal Tax Returns. For more information on how to
report the Alaska PFD and Rebate income on the Federal Tax Return
contact the IRS at 1(800)829-1040 or visit the IRS website at
www.irs.gov and input the key
words Alaska Permanent Fund or Estimated.
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