ErnieS0
Expert Alumni

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:
 

  1. Type 1099-misc in Search (magnifying glass) in the top right corner
  2. Tap Jump to 1099-misc
  3. On “Did you get a 1099-MISC?” tap YES
  4. Enter your info on “Let's get the info from your 1099-MISC” and put the PFD amount in Box 3, then Continue
  5. On “Describe the reason for this 1099-MISC” write Alaska Permanent Fund Dividend, then Continue
  6. 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
 

  1. Click Federal in the left column
  2. Click Wages & Income 
  3. Scroll down to Less Common Income. Tap Show more
  4. Select Miscellaneous Income, 1099-A, 1099-C
  5. Select Other reportable income
  6. Say Yes to Any Other Taxable Income?
  7. Enter a description (Energy Relief Payment) and amount (-$662). Make sure this amount is negative.
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