Trump Accounts in Delaware: State Tax Treatment
By Forrest Baumhover, CFP®, EA · Last verified September 2, 2026
Whether Delaware taxes a Trump Account's growth and distributions the way the IRS does — checked against Delaware's own conformity law, not a national summary.
Does Delaware follow the federal rule?
Delaware uses "rolling" (current) conformity: its income tax code follows the Internal Revenue Code as it currently stands, not a fixed historical date. A federal change — including §530A, added by the One Big Beautiful Bill Act (OBBBA, Public Law 119-21, enacted July 4, 2025) — applies for Delaware income tax purposes the same way it does federally, without the legislature needing to act separately, unless Delaware has specifically decoupled from that provision.
What this means for a Trump Account in Delaware
Based on that mechanism, Delaware currently follows the federal §530A treatment: contributions and growth are not separately taxed by the state before distribution, the same deferral the federal rule provides.
A note on this determination
Delaware personal income tax starts from federal AGI, itself a rolling, current-law figure. No Delaware-specific guidance mentioning §530A was found; the conclusion follows the general mechanism.
Back to the full picture
See the Trump Accounts hub for the federal contribution and distribution rules this state-tax determination builds on, and the state-by-state conformity library for how Delaware compares to other states.