Claim an account already established by Treasury
In October 2026, Treasury began automatically establishing accounts for eligible children with a valid Social Security number who are under 18 at year end. Use the official Trump Accounts app to authenticate and claim an existing account. An authorized guardian or legal custodian must have authority over the child’s property or financial affairs. A beneficiary with legal capacity may also claim. Check the actual court order and applicable law if parents live apart, the child moved, or another person controls the child’s finances.
IRS account claiming and activation instructionsIf the child has no account yet
Check the child’s status with Treasury first. If an initial account still needs to be established, the IRS instructions distinguish an election to open the child’s account alone from a request for both the account and the pilot contribution. For the account-only election, the instructions give priority to a legal guardian, then a parent, an adult sibling and a grandparent. Follow the priority and certification instructions before signing. A sibling or grandparent’s place in that list does not establish financial authority to claim a Treasury-opened account.
Request the pilot contribution
The one-time $1,000 payment requires an election. The child must be a U.S. citizen born from January 1, 2025 through December 31, 2028 with a valid Social Security number. The Social Security number must have been issued before the election and must be valid for employment. The person making the election must anticipate that the child will be their qualifying child for the election year, and no earlier pilot election may have been processed for that child. If you already filed and its status is unclear, check the IRS election-status instructions before filing again. Account eligibility by itself does not establish eligibility for the payment.
For a child with an open account, complete Part II without checking line 6 and use Part III for the pilot election. If electing both at once, follow the instructions for lines 6 and 7. Complete the required consent and signature. Use the IRS Individual Online Account or the official Trump Accounts website or app. When using the paper form, follow the mailing and handwritten signature instructions. Submit identifying information only to the agency or its authorized service.
IRS Form 4547 instructionsChildren in foster care
If an initial account is needed, a state, territorial or tribal child welfare agency that is the child’s legal guardian or its equivalent can follow the IRS Office of Governmental Liaison’s instructions for that agency. The agency cannot elect the pilot contribution. A parent, foster parent or another eligible individual may elect it if they anticipate that the child will be their qualifying child for the election year and the other federal requirements are met. Placement alone does not decide who can manage a child’s property.
IRS procedures for child welfare agenciesWhat is Form 4547?
IRS Form 4547 is titled Trump Account Election(s). It is used for elections to establish an initial Trump Account and, where eligible, request a pilot-program contribution. The IRS form and instructions explain who may make an election and what information is required.
Use the agency form and instructions
Open the official PDF and check the IRS instructions for the applicable revision, eligibility, authorized signers and submission process. Review the information and required consents before signing. Document.com does not open the account or submit the election.
Get official Form 4547Looking for help with a penalty notice?
Form 4547 is not a penalty-abatement request. If you received an IRS notice, use the notice number, response instructions and deadline shown on that correspondence. The IRS publishes separate guidance about penalty relief.
IRS penalty-relief guidance