$1312 Stimulus Checks Coming Soon, find out exact payment date for December 2024

The $1312 Stimulus Checks for December 2024 has been officially confirmed, representing a significant financial support mechanism for numerous individuals and families. This benefit, part of Alaska’s Permanent Fund Dividend (PFD) program, has garnered considerable attention.

For those interested in understanding $1312 Stimulus Checks eligibility requirements, payment timelines, and the application process, this detailed guide provides essential information. In Alaska, qualifying residents will receive a share of the state’s natural resource revenues through the PFD, which was established in 1976 to effectively manage the income generated from oil and gas extraction.

$1312 Stimulus Checks December Payment Date

To qualify for the full amount of $1,312 in December, applicants must meet specific eligibility criteria and submit a valid application prior to the designated deadline. The application period for this program runs annually from January 1 to March 31, with submissions accepted via mail or online.

The $1,312 stimulus check under the Alaska Permanent Fund Dividend program offers crucial financial assistance to eligible residents. With a straightforward application process, prompt disbursements, and well-defined benefits, this program serves as an essential resource for households in Alaska. It is important to ensure that you meet the eligibility requirements, submit your application punctually, and utilize the funds effectively to enhance their benefits.

What does the $1,312 Stimulus Check refer to?

The $1,312 stimulus check represents a component of Alaska’s Permanent Fund Dividend (PFD) initiative, which aims to allocate a share of the state’s oil revenue to its inhabitants. Although it is often labeled as a “stimulus check,” this financial disbursement is distinct from federal assistance programs and is specific to the state of Alaska. Established in 1976, the PFD program serves as a vital financial support mechanism that redistributes profits derived from the state’s natural resources to its residents. The Alaska Permanent Fund Corporation oversees the management of this program’s finances. The disbursement is available exclusively to qualifying individuals, functioning as a reliable annual income source for many low-income residents of Alaska.

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Eligibility Criteria for the $1312 Stimulus Check in December 2024 

To be eligible for this payment, applicants need to fulfill the following conditions:

1. Residency Criteria 

Applicants must have been legal residents of Alaska for a minimum of 12 consecutive months prior to the application deadline. They should also plan to stay in Alaska indefinitely and not claim residency in any other state.

2. Absence Restrictions 

Residents should not have been away from Alaska for more than 180 days during the qualifying year, unless their absence is due to acceptable reasons, such as: 

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– Military duty 

– Medical care 

– Enrollment in higher education programs 

3. Legal Standing 

Certain legal matters, including felony convictions or prolonged incarceration, may render applicants ineligible.

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4. Dependents and Minors 

Children and dependents can qualify for the payment if they meet the residency and absence criteria. Parents or guardians are responsible for submitting applications on their behalf.

Important dates for the $1,312 payment

• Initial Payment: Expect to receive your check on October 26, 2024, if you submitted your application on time. 
• December Payment: On December 19, 2024, payments will be issued to those classified as “Eligible-Not Paid” by mid-December. 
• Final Payment: The last round of payments will occur on January 16, 2025, for applicants whose eligibility was verified later in the process. 

Stay informed about these key dates to ensure you receive your payment promptly. 

$1,312 New Stimulus Checks Payment Schedule December 2024 

What are the steps to apply for the $1312 stimulus check in December 2024?

• Determine your eligibility by checking residency, absence, and legal compliance criteria.
• Collect essential documents, including proof of residency in Alaska such as lease agreements or utility bills.
• Have your identification ready, like a driver’s license or state ID, along with your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).
• If applicable, gather supporting documentation for any allowable absences.
• Submit your application for the 2024 PFD, which is open from January 1 to March 31, 2024.
• The quickest method to apply is through the official PFD website; alternatively, you can send a paper application via mail, ensuring it is postmarked by the deadline.
• Keep track of your application status using the tracking system available on the PFD website.
• Common application statuses include “Received,” “Under Review,” and “Eligible-Not Paid.”
• Confirm your payment details, as disbursements are made through direct deposit or check.
• Make sure to verify your banking information to ensure accuracy before payments are processed.

Fact Check

There is no truth to the claim about a new $1,312 stimulus check being issued in December 2024. The US government and other trustworthy sources have not announced or confirmed any such payment. Previous stimulus checks were part of COVID-19 relief efforts, and there has been no official word on more checks for December 2024. It’s also important to note that these payments are only relevant for residents of Alaska.