Trump Accounts in Missouri: State Tax Treatment
By Forrest Baumhover, CFP®, EA · Last verified September 2, 2026
Whether Missouri taxes a Trump Account's growth and distributions the way the IRS does — checked against Missouri's own conformity law, not a national summary.
Does Missouri follow the federal rule?
Missouri 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 Missouri income tax purposes the same way it does federally, without the legislature needing to act separately, unless Missouri has specifically decoupled from that provision.
What this means for a Trump Account in Missouri
Based on that mechanism, Missouri 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
Genuine rolling conformity; Missouri's base is federal AGI/taxable income. No Missouri modification decoupling from §530A/Trump Accounts was found.
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 Missouri compares to other states.