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Get your taxes done using TurboTax
$992 was the amount of the 2020 Alaska Permanent Fund dividend. The 2022 Permanent Fund Dividend amount is $3,284. The Energy Relief Portion is $662.
As awesome Tax Expert JohnW152 says, enter the full amount ($3,284) under Form 1099-MISC and then enter a subtraction for the Energy Relief Portion.
To enter your Alaska Permanent Fund dividend:
- Type 1099-misc in Search (magnifying glass) in the top right corner
- Tap Jump to 1099-misc
- On “Did you get a 1099-MISC?” tap YES
- Enter your info on “Let's get the info from your 1099-MISC” and put the PFD amount in Box 3, then Continue
- On “Describe the reason for this 1099-MISC” write Alaska Permanent Fund Dividend, then Continue
- On “Does one of these uncommon situations apply?” select This was an Alaska Permanent Fund dividend distribution, then Continue
To enter your Energy Relief Payment
- Click Federal in the left column
- Click Wages & Income
- Scroll down to Less Common Income. Tap Show more
- Select Miscellaneous Income, 1099-A, 1099-C
- Select Other reportable income
- Say Yes to Any Other Taxable Income?
- Enter a description (Energy Relief Payment) and amount (-$662). Make sure this amount is negative.
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February 19, 2023
5:38 AM