605-7 E(1) PFD Permanent Fund Dividend Money Commingled With Other Funds

Commingled PFD Permanent Fund Dividend

An individual has a savings account containing $500 in retained PFD Permanent Fund Dividend funds. The individual receives a $400 tax refund that is deposited into the account. The account balance is $900.  The $500 in retained PFD Permanent Fund Dividend funds continues to be identifiable.

The individual then withdraws $700. The entire remaining balance of $200 is identified as retained PFD Permanent Fund Dividend funds. A later deposit of $500 is made with countable funds. The balance is now $700 but $200 of this continues to be identified as PFD Permanent Fund Dividend funds.