Trump Accounts: State Tax Treatment by State

A Trump Account is tax-deferred under federal law (26 U.S.C. § 530A), but that federal treatment doesn't automatically carry over to a family's state income tax return. Whether it does depends on how each state's own tax code incorporates the Internal Revenue Code — automatically as federal law changes ("rolling" conformity), only as of a fixed historical date ("fixed-date" conformity), or only for specific Code sections a state names by hand ("selective" conformity). A state whose fixed conformity date predates the One Big Beautiful Bill Act (OBBBA, enacted July 4, 2025, which created §530A) does not follow the federal Trump Account rule automatically — and even a state that does may still take its own separate action that changes the outcome, the way California did.

51 of 51 states (and DC) below have been checked directly against that state's own statute or Department of Revenue guidance and are linked. The rest are marked "In progress" — not yet asserted one way or the other, rather than guessed at from a national summary.