The Wallace Stevens Award is given annually to recognize outstanding and proven mastery in the art of poetry. Established in 1994, the award carries a $100,000 stipend. Recipients are chosen by the Academy of American Poets Board of Chancellors. No applications are accepted.

Any poet who meets one of the below criteria is eligible:

• U.S. Citizen

• resident of the United States for the ten-year period prior to January 1 of the prize year, or

• Deferred Action for Childhood Arrival (DACA) status, Temporary Protected Status (TPS), Legal Permanent Status (LPS), or any subsequent categories designated by the U.S. authorities as conferring similar enhanced status upon non-citizens living in the United States.

Please note: By law the Academy of American Poets must report cash prizes awarded to individuals to the Internal Revenue Service. If individuals have a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN), the individual will receive a 1099. If the individual does not have an SSN or ITIN, the individual will receive a 1042 and could be subject to a withholding of a percentage of the cash prize.