Network TV Online
Network News Latest
Network News Video
Network Top Stories
Alaska News Videos
Alaska SuperViewer
ABC Alaska Obituaries
Email the ABC Alaska Newsroom
The CW in Alaska
ABC Alaska SuperWorks

Energy Rebate Is Taxable Income

Tools

Chad news

Some Alaskans may find their $1,200 energy rebate whittled down to nothing.
The one-time cash payout is being combined with the Alaska
Permanent Fund dividend in a single payment and, like the dividend,
it's subject to federal taxes and garnishments.
That means people who have fallen behind on student loans or
child support, for example, will have money taken out to pay back
the debt.
Families who haven't established residency in time to be
eligible for a PFD payment won't be getting the resource rebate
either.
The rebate is intended to assist Alaskans with the high cost of
fuel this winter. It was proposed by Gov. Sarah Palin and passed by
the state legislature in early August.
The first payments are due out in mid-September.

Icon
Anchorage 30.0 °F
Icon
Fairbanks 12.0 °F
Icon
Juneau 41.0 °F
More Weather

weather2

Viewer Poll

Do you think the Democrats will remain in control of Congress in 2010?

  • Yes
  • No
  • Undecided

Tonight on ABC

4.00
abc saturday night football: nebraska vs. oklahoma
Vacation Rentals 411
Desperate Housewives
Ugly Betty
Brothers and Sisters