IRS exempts tax on energy relief portion of 2022 PFD

The 2022 PFD paid out a total of $3,284 to all eligible Alaskan residents in late September, with $2,622 of that being part of the actual Permanent Fund formula.

“During a review, the IRS determined it will not challenge the taxability of payments related to general welfare and disaster relief,” the agency notedThe Energy Relief Payment was included with the PFD check last year as part of Gov. Mike Dunleavy’s push to help alleviate the burden of high energy costs and inflation for Alaskans.

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IRS exempts tax on energy relief portion of 2022 PFDThe agency said Alaska’s Energy Relief Payment, worth $662, will be tax-exempt and does not need to be included on tax forms. Amen to this!! Welcome to America!! Freedoms on native land is great isn’t it
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IRS says it won’t tax $662 energy relief payment Alaskans received last year along with PFDAlaskans will not be taxed on the $662 energy relief payment they received last year along with their Permanent Fund dividend, according to the IRS.
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