Tag: form_4547

IRS Unveils New Online Features for Trump Account Elections

28 May 2026 2:38 p.m.

The IRS has introduced new online features for Trump Account elections, allowing taxpayers to view status and submit Form 4547 electronically. This aims to simplify investing in these tax-advantaged accounts for children, established under the One, Big, Beautiful Bill.

Politics and Government Science & Technology Federal Government General Politics Economy Computers and Internet Education IRS Trump Account Online Account Tax-advantaged accounts Form 4547 One Big Beautiful Bill Children's savings