A $1,702 stimulus payment is creating buzz for November 2025. Learn who may qualify, how payouts are sent, key IRS rules, and how to avoid delays.
What the $1,702 figure actually refers to
The widely circulated $1,702 number comes from Alaska’s Permanent Fund Dividend (PFD), a yearly payment the state sends to eligible residents from oil and investment earnings, not from the IRS or a national stimulus law. In 2024, the Alaska dividend worked out to $1,702 per eligible person, and those payments are being processed around October and November for people who met state residency and application rules.
Unlike federal stimulus checks, the PFD is limited to people who lived in Alaska for the full prior year, intend to remain there, and meet additional requirements such as not claiming residency in another state and avoiding certain criminal convictions. This program is permanent state policy, not a new 2025 emergency stimulus for all Americans.
No new nationwide $1,702 stimulus
Major outlets and tax authorities say there is no new federal stimulus program sending $1,702 to every American in November 2025. The IRS newsroom and its Economic Impact Payment page indicate that COVID-era stimulus checks ended with the 2021 Recovery Rebate Credit, whose last claim deadline was April 15, 2025.
Some foreign or third‑party websites present the $1,702 amount as if the U.S. Treasury and IRS had confirmed a national November rollout, but IRS and Treasury public pages do not list any such payment schedule or eligibility criteria. In short, there is no official federal calendar, portal, or application for a $1,702 nationwide stimulus in November 2025.
Eligibility and how real payments work
For the real Alaska PFD that uses the $1,702 figure, eligibility depends on:
- Being a qualifying Alaska resident for the entire prior year and planning to stay in the state.
- Not claiming residency elsewhere and avoiding disqualifying criminal or incarceration issues.
- Filing a PFD application through the official state portal by the annual deadline.
Payments are typically sent by direct deposit first and then paper checks, based on what the applicant selected, using banking and mailing details on file with the state. This process runs through Alaska’s own systems, not the IRS, and no action by taxpayers in other states will qualify them for this $1,702 payout.
Rumors about $2,000 “Black Friday” checks and Trump’s proposal
Separate from the $1,702 rumor, social media has amplified claims about a $2,000 “Black Friday” IRS stimulus check tied to new comments from President Donald Trump. Trump has floated a “tariff dividend” idea that could send about $2,000 to many Americans, but it remains only a proposal; Congress has not passed any law authorizing such payments, and the IRS has not scheduled any $2,000 deposits for November 2025.
News reports stress that any real federal direct-payment program would require full legislation, funding, and an official rollout plan before the IRS could send money. As of late November 2025, officials say there are no approved federal stimulus checks—neither $1,702 nor $2,000—slated for the remainder of the year.
How to stay safe and avoid scams
Because of these rumors, authorities and consumer reports are warning people about fake emails, texts, and posts that misuse numbers like $1,390, $1,702, or $2,000 to trick users into sharing bank or personal data. Common red flags include requests for upfront fees, demands for Social Security or banking details over text, and claims that a third‑party site can “speed up” IRS or government payments.
To check any real payment, Americans are urged to rely on official channels such as IRS.gov, state treasury sites, or verified government portals, rather than links circulating on social media or in unsolicited messages. By watching only official updates and keeping personal records accurate directly with agencies—not through intermediaries—people can protect themselves while still being ready if a genuine relief program is ever approved.