Trump Accounts in Georgia: State Tax Treatment
By Forrest Baumhover, CFP®, EA · Last verified September 2, 2026
Whether Georgia taxes a Trump Account's growth and distributions the way the IRS does — checked against Georgia's own conformity law, not a national summary.
Does Georgia follow the federal rule?
Georgia uses "fixed-date" (static) conformity: its tax code names a specific historical IRC date rather than following current federal law automatically. Its conformity date is January 1, 2026. That date is on or after OBBBA's July 4, 2025 enactment, so Georgia's general conformity picks up §530A as part of the Code it already follows.
What this means for a Trump Account in Georgia
Based on that mechanism, Georgia 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. Separately from its general conformity mechanism, Georgia has taken its own action specific to Trump Accounts/§530A: H.B. 1199 (2026 Ga. Laws Act 375), signed by Gov. Kemp March 20, 2026, amended O.C.G.A. § 48-1-2(14) to move Georgia's IRC conformity date to federal law enacted on or before January 1, 2026 — applicable to tax years beginning on or after January 1, 2025 (Section 1 of the Act) and to the Act generally for tax years beginning on or after January 1, 2026 (Section 4). The amendment lists an exhaustive set of IRC sections Georgia decouples from, including one other OBBBA-created provision (§ 170(p)), but § 530A is not among them.
A note on this determination
Georgia's conformity date now runs through federal law enacted on or before January 1, 2026, which postdates OBBBA's July 4, 2025 enactment. The legislature evidently reviewed OBBBA provision-by-provision when drafting the exceptions list — proven by its explicit carve-out of the separate § 170(p) charitable-deduction provision — and chose not to exclude § 530A, so Georgia captures Trump Account treatment by omission from an otherwise detailed list rather than by an affirmative statement naming § 530A. No Georgia DOR guidance specifically discussing Trump Accounts was found. Pulled directly from Georgia's own legislative text this session, resolving CC-277's earlier aggregator-only sourcing gap.
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 Georgia compares to other states.