Alaska Permanent Fund Dividends and Resource Rebate payments are taxable to either an adult or a child recipient and, if required to file, must be reported on a federal income tax return. Check Do I need to file a tax return? to see if you or your child are required to file a tax return. Include these amounts on line 8g of Schedule 1 (Form 1040) PDF and attach to Form 1040 or Form 1040-SR or if electing to report your child’s dividend on your return, see the Instructions for Form 8814, Parents’ Election to Report Child’s Interest and Dividends. Refer to State of Alaska: Department of Revenue - Permanent Fund Dividend for more information.