You can complete and file IRS Form 4547 with your current-year e-filed tax return, or complete IRS Form 4547 online to elect to open a Trump Account for your eligible child or children. Upon submission of the form, your information will be securely sent directly to the IRS. After the IRS has accepted and validated your child’s eligibility, you’ll be notified in an email from no-reply@trumpaccounts.treasury.gov and an in-app notification about next steps to activate your child’s account starting in May 2026.

Note that if you provided an election, and your child or children are eligible, the $1,000 pilot contribution from the U.S. Department of the Treasury will be automatically deposited sometime on or after July 4, 2026.

The IRS offers a sign-in option with ID.me, which offers access to IRS online services with a secure account that protects your privacy. ID.me is an account created, maintained, and secured by their technology provider.

Before you can complete the official IRS Form 4547 online, the IRS requires that you verify your identity through ID.me. Note that if you electronically filed your taxes through IRS online services, you were required to sign in with ID.me. You must use the same email address and password you entered when you filed your taxes. For more details, check out the ID.me IRS Help Site.

You’re required to enter the following information for your child or children. You can add up to 2 children per submission form. Children who are under the age of 18 for the entire remainder of the current calendar year and who have a valid SSN are eligible for this account. Note that children must be U.S. citizens and born on or after January 1, 2025 through December 31, 2028 to qualify for the $1,000 pilot contribution.

• Name: Enter your legal first, middle (optional), and last name. These should match the name on your Social Security Card
• Social Security number (SSN): Enter your SSN or individual taxpayer identification number (ITIN)
• Date of birth: Enter your date of birth

Contact information

As the person completing this form, enter the following contact information. Enter the address where you currently live. If the child lives at a different address, you'll have the option to specify that next.

• Address: Enter your street address, apartment or suite (if applicable), county,* state or territory, and zip code
• Phone: Enter your mobile phone number
• Email: Enter your email address

You’re required to enter the following information for your child or children. You can add up to 2 children per submission form. Children who are under the age of 18 for the entire remainder of the current calendar year and who have a valid SSN are eligible for this account. Note that children must be U.S. citizens and born on or after January 1, 2025 through December 31, 2028 to qualify for the $1,000 pilot contribution.

• Name: Enter the child’s legal first, middle (optional), and last name that matches the name on their social security card
• Social Security number: Enter the child’s SSN
• Date of birth: Enter the child’s date of birth
• Relationship to child: Select who you are in relation to this child, the parent, legal guardian, or other authorized individual (such as a grandparent or adult sibling)
• Child lives at a different address: Check the box next to this option if the child lives at a different address than what you entered in the previous Contact information section.
• Check box if you are authorized to open the Trump Account for the child: Check this box as the responsible person completing this form. By making these elections, you are representing, under penalty of perjury, that you are authorized to open the initial Trump Account for the child. See the instructions link in the form for additional information.

In the Add Another Child section of the form, select the plus sign (+) to reveal additional fields where you can submit information related to a 2nd child. For additional children, you’ll need to complete a new IRS Form 4547.

This section asks you to confirm all the information you’ve entered in the form about yourself and your child or children.

• I consent to the disclosure of the information to the IRS, U.S. Department of the Treasury, and their agents: Check this box to consent to this information being shared with these parties
• Signature: Enter your legal name that you entered in the form
• Date: Enter today’s date in the MM/DD/YYYY format

After confirming that you’ve entered all the form’s required information for yourself and your child or children, you must select the blue Submit Form button to complete the process.

If you select Return Home, it won’t save any of the information entered, the form won’t be submitted, and you’ll need to complete all the required information again.

You can view the status of an existing Form 4547 election from the IRS account portal:

1. Sign in with ID.me
2. Go to Forms → Trump Accounts
3. Review the Election status table (shows multiple children, if applicable)
4. If the status is Processing, then look for an email from the IRS soon with next steps. Note that if the status is Unable to process, review the notices and letters for why, and then check out Unable to process for details about why your application might not have been processed and why you might need to reapply.

The following are some of the common reasons why you might get an error about ineligibility, unable to verify, or unable to process when applying for your child’s Trump Account.

IRS email says my child is ineligible or can’t be verified

The reasons for ineligibility or an inability to verify your child are classified as federal tax information, therefore we cannot legally view or share the specific reason why the IRS has made this determination.

Common reasons for this are that the information you entered in the form, such as the child’s name, birth date, or SSN, doesn’t match what was filed with your taxes. Below are some ways you can troubleshoot this issue:

• Review Child eligibility to confirm your child is eligible
• Go to the official IRS online site and sign in with ID.me
• Select My Elections → Unable to Process
• Open the provided link to view the official IRS notice that explains the specific reason why your application was rejected and next steps to correct the error
• After correcting any information with the IRS, you can then submit a new Form 4547, and wait for a new email with next steps

IRS email says I can’t be verified as the responsible party

Because of federal data privacy requirements, we can’t view exactly which verification step didn't pass. A common reason is a difference between the information you entered on Form 4547 and what the IRS has on file for you, such as your legal name, SSN, or date of birth. Sign in to the IRS site, and review and correct your election information. Then resubmit a new Form 4547, and wait for a new email with next steps.

IRS email says my child already has an account

Each child can only have 1 Trump Account across all brokerages. If another responsible party has already signed your child up for an account, you’ll need to reach out to them. Because of federal privacy requirements, we can’t share any details about who opened that account. If you believe this was done in error or without your authorization, contact us and we’ll provide next steps.

Your child turns 18 this year

Trump Accounts must be opened before the end of the calendar year in which the child turns 17. Once that date has passed, a new Trump Account can no longer be established for that child. This is a federal program eligibility requirement that we aren't able to override.

My child doesn’t or I don’t have a SSN

A valid Social Security number (SSN) is required for your child and a valid SSN or ITIN (Individual Taxpayer Identification Number) to open a Trump Account. After your child gets a SSN and you have a valid SSN or ITIN, you can resubmit a new Form 4547, and wait for a new email with next steps. For help getting a SSN for your child, check with the Social Security Administration for guidance.