Form 4547 - Trump Account Election - Entering in TaxAct
1

For more general information about Trump Accounts, see the Trump Account Elections - Form 4547 (IRC 530A) FAQ. 

If you are ready to add Form 4547 to your return, follow the steps below.

Make sure you have entered dependent information in your return before proceeding. You are prompted to complete the questionnaire for each child who is eligible to be enrolled.

Online

Dashboard

  1. From within your TaxAct return, click Taxes & Miscellaneous.
    • On smaller devices, click the menu at the top left corner of your screen, then make your selection.
  2. Click Open beside Trump Account (530A Account).
    • If you do not see this topic, you can expand the Other Return Info menu and click Add beside Trump Account (530A Account).
  3. Complete the interview process.

Classic

  1. From within your TaxAct return, click Federal.
    • On smaller devices, click the menu at the top left corner of your screen, then make your selection.
  2. Click the Miscellaneous Topics drop-down, then click Trump account enrollment.
  3. Complete the interview process.

Desktop

  1. From within your TaxAct return, click Federal.
  2. Click the Miscellaneous Topics drop-down, then click Trump account enrollment.
  3. Complete the interview process.