Trump Accounts in Ohio: State Tax Treatment
By Forrest Baumhover, CFP®, EA · Last verified September 2, 2026
Whether Ohio taxes a Trump Account's growth and distributions the way the IRS does — checked against Ohio's own conformity law, not a national summary.
Does Ohio follow the federal rule?
Ohio 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 March 5, 2026. That date is on or after OBBBA's July 4, 2025 enactment, so Ohio's general conformity picks up §530A as part of the Code it already follows.
What this means for a Trump Account in Ohio
Based on that mechanism, Ohio 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
Ohio updates its IRC-conformity reference date periodically by legislation rather than following current law automatically; the newest reference point (March 5, 2026) postdates OBBBA, so it captures §530A generally. No Ohio guidance names §530A or Trump Accounts specifically.
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 Ohio compares to other states.