1. What is the Alaska PFD Calculator?

Definition: This calculator estimates the Alaska Permanent Fund Dividend (PFD) amount based on the total fund available and number of eligible residents.

Purpose: It helps Alaskans estimate their annual PFD payment amount from the state's oil revenue fund.

2. How Does the PFD Calculator Work?

The calculator uses the formula:

Where:

• \( Dividend \) — Individual payment amount (dollars)
• \( Total\ Fund \) — Total amount available for distribution (dollars)
• \( Eligible\ Residents \) — Number of qualified applicants (people)

Explanation: The total fund is divided equally among all eligible residents to determine each person's dividend amount.

3. Importance of PFD Calculation

Details: The Alaska Permanent Fund Dividend is an annual payment to eligible Alaska residents that has been paid since 1982, funded by the state's oil revenues.

4. Using the Calculator

Tips: Enter the total fund amount available for distribution and the number of eligible residents. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is the typical PFD amount?
A: Historically, PFD amounts have ranged from about $1,000 to over $2,000 per person, depending on fund performance and legislative decisions.

Q2: Who is eligible for the PFD?
A: Generally, Alaska residents who have lived in the state for a full calendar year and intend to remain indefinitely.

Q3: When is the PFD paid each year?
A: Typically in October, with applications open from January to March.

Q4: Are PFD amounts taxed?
A: PFD payments are taxable income for federal taxes but not for Alaska state taxes.

Q5: How is the total fund amount determined?
A: The amount comes from the Alaska Permanent Fund's earnings reserve and is set annually by the legislature.