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BackTrump Accounts Exempt from Gift Tax Reporting Under New IRS Guidance
Trump Accounts Exempt from Gift Tax Reporting Under New IRS Guidance
Finanzen
CNBC29.06.2026Finanzen

Trump Accounts Exempt from Gift Tax Reporting Under New IRS Guidance

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The IRS and Treasury Department have issued guidance exempting contributions to Trump Accounts (530A accounts) from gift tax reporting, allowing up to $5,000/year in after-tax dollars without requiring a gift tax return, effective for 2026 with an annual exclusion of $19,000 per recipient.

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The IRS and Treasury Department have issued guidance exempting contributions to Trump Accounts (530A accounts) from gift tax reporting, allowing up to $5,000/year in after-tax dollars without requiring a gift tax return, effective for 2026 with an annual exclusion of $19,000 per recipient.

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Trump Accounts Launch on July 4: A Guide to Tax-Advantaged Child Retirement Savings
Finanzen·01.07.2026

Trump Accounts Launch on July 4: A Guide to Tax-Advantaged Child Retirement Savings

Trump Accounts, tax-advantaged IRA-like savings for children, launch July 4. Eligible US citizen children under 18 can receive a $1,000 Treasury deposit (2025-2028 births) or $250 Dell grant (2016-2024 births in low-income ZIP codes). Contributions are tax-deferred, invested in US stocks, and managed by Bank of New York Mellon with a dedicated app. Accounts can grow significantly with long-term market returns, though wealth gap concerns and comparison to 529 plans and Roth IRAs are noted.

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