{"id":2584397,"date":"2026-03-27T08:15:01","date_gmt":"2026-03-27T12:15:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/more-than-4-million-children-have-claimed-their-trump-accounts\/"},"modified":"2026-03-27T08:18:28","modified_gmt":"2026-03-27T12:18:28","slug":"more-than-4-million-children-have-claimed-their-trump-accounts","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/more-than-4-million-children-have-claimed-their-trump-accounts\/","title":{"rendered":"More than 4 million children have claimed their Trump Accounts"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmore-than-4-million-children-have-claimed-their-trump-accounts%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2584397&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The Washington Examiner, citing IRS data, reports that parents of more than four million American children have already claimed \u201cTrump Accounts\u201d on their 2025 tax returns as part of the One Big Lovely Bill Act.The program provides a $1,000 government seed for each eligible child born between 2025 and 2028, with additional annual contributions from others allowed starting July 4, 2026. by March 25, 2025, 983,784 children had qualified for the $1,000 seed via Form 4547, and a total of 4,031,827 children were listed on Forms 4547 for 2025. In addition to the Trump Accounts, the tax reforms touted include no tax on tips, no tax on overtime, and other measures that reportedly boosted refunds this season. IRS data show 37,501,692 individual filers benefited, with the average refund among those filers around $3,460, and the overall average refund about $3,569.72, up more than 9% from last year. The White House characterizes these reforms as evidence of a strengthened middle class. The piece also briefly mentions Iran peace talks and a related White House statement.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Parents of more than 4 million children have already claimed their Trump Accounts<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2487129\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><strong>EXCLUSIVE &mdash;&nbsp;<\/strong>Internal Revenue Service data reviewed by the <em>Washington Examiner<\/em> shows that the parents of more than four million American children have already claimed their so-called <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4437264\/nicki-minaj-sells-trump-accounts-amid-2026-affordability-blitz\/\">Trump Accounts<\/a> while filing their 2025 tax returns.<\/p>\n<p>Last year, President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4504774\/trump-defends-voting-by-mail-florida-special-election\/\">Donald Trump<\/a>&lsquo;s One Big Beautiful Bill Act launched the aforementioned, <a href=\"https:\/\/amzn.to\/3YuVZYV\" >tax-deferred investment accounts<\/a> for children. The accounts provide a $1,000 contribution from the federal government for all children born to U.S. citizens between Jan. 1, 2025, and Dec. 31, 2028.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/4505206\/elizabeth-warren-wealth-tax-families-over-50-million\/\">Elizabeth Warren proposes wealth tax on families with over $50 million<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4504591\/crfb-propose-cap-annual-social-security-payment-100000\/\">Think tank proposes capping annual Social Security payments at $100,000<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4503959\/musk-offer-pay-tsa-legal-challenges\/\">Musk offer to pay TSA officers poses &#8216;great legal challenges,&#8217; White House says<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>Parents can claim those accounts either through an IRS portal or by filing Form 4547 with their federal tax returns. According to IRS data, 983,784 children have qualified for the $1,000 bonus via Form 4547 through March 25.<\/p>\n<p>Though they won&rsquo;t receive the $1,000 in federal seeding, parents with children born before Trump&rsquo;s second term can also claim Trump Accounts. IRS data show that, in total, 4,031,827 children were listed on Forms 4547 for 2025 as of March 25.<\/p>\n<p>Parents, friends, companies, and philanthropists can begin their own annually-capped contributions to the accounts starting on July 4, 2026.<\/p>\n<p>Beyond the Trump Accounts, IRS data shows that the One Big Beautiful Bill&rsquo;s tax reforms, including &ldquo;no tax on tips,&rdquo; &ldquo;no tax on overtime,&rdquo; a $6,000 deduction for seniors, and a $10,000 deduction for filers who purchased an American car, significantly boosted Americans&rsquo; tax refunds this season. <\/p>\n<p>According to the IRS, 37,501,692 individual filers, making up 43.9% of all individual filers through March 25, benefitted from Trump&rsquo;s tax reforms. The average return for those individuals totalyed roughly $3,460.<\/p>\n<p>Furthermore, returns for all individual filers this year average $3,569.72 &mdash; a more than 9% increase from last year.<\/p>\n<p>With affordability top of mind ahead of the 2026 midterm elections, Trump and White House officials have consistently pointed to the president&rsquo;s tax reforms as a major indicator of the strength of his economic agenda.<\/p>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/foreign-policy\/4505479\/trump-iran-power-plants-10-days-peace-talks\/\"><strong>TRUMP SAYS IRANIAN POWER PLANTS WON&rsquo;T BE TARGETED FOR 10 MORE DAYS AS PEACE TALKS STALL<\/strong><\/a><\/p>\n<p>When asked about the IRS data Thursday, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/foreign-policy\/4503543\/white-house-projects-optimism-hours-after-iran-rejects-us-peace-plan\/\">White House<\/a> spokeswoman Olivia Wales told the <em>Washington Examiner <\/em>that &ldquo;President Trump delivered the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-embrace-white-house-nudge-to-rename-big-beautiful-bill-ahead-of-2026\/\" title=\"Republicans embrace White House nudge to rename &#039;big beautiful bill&#039; ahead of 2026\">largest middle-class tax cut<\/a> in history &mdash; and American families across the country are reaping the benefits.&rdquo;<\/p>\n<p>&ldquo;The Working Families Tax Cut created Trump Accounts, to invest in the next generation of American children; enacted No Tax on Tips, No Tax on Overtime, and No Tax on Social Security to put more money back in hardworking Americans&rsquo; pockets; and increases the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of ...\u2019s Accomplishments \u2013  And It Is Historic!\">child tax credit<\/a>,&rdquo; she wrote in a statement. &ldquo;After four years of economic pain under the Democrats, President Trump is <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/midwestern-nice-vp-debate-yields-restrained-reactions-washington-examiner\/\" title=\"Midwestern-nice VP debate yields restrained reactions - ...\">making everyday life<\/a> more affordable for working families and the best is yet to come.&rdquo;<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paraphrased version:<br \/>\nRecent IRS figures, reviewed by the Washington Examiner, show that guardians have already claimed Trump Accounts for more than four million U.S. children on their 2025 tax returns. The program, created by last year\u2019s One Big Beautiful Bill Act, provides a $1,000 government seed for each child born to U.S. citizens between January 1, 2025, and December 31, 2028. Parents can claim these accounts through an IRS portal or by attaching Form 4547 to their tax return. As of March 25, 2025, 983,784 children had qualified for the $1,000 bonus via Form 4547. Children born before Trump\u2019s current term can also be included in Trump Accounts. In total, 4,031,827 children were listed on Form 4547 for 2025 by that date. Beginning July 4, 2026, individuals and organizations can start making annual contributions to the accounts, within caps. Beyond Trump Accounts, the administration\u2019s tax reforms under the One Big Beautiful Bill substantially boosted refunds this season, with provisions like no tax on tips, no tax on overtime, a $6,000 deduction for seniors, and a $10,000 deduction for filers who bought an American-made car. By March 25, 2025, about 37,501,692 individual filers (43.9% of all filers) benefited from these reforms, with an average refund around $3,460 for those filers. The overall average for all filers this year was about $3,569.72, up more than 9% from the previous year. As affordability remains a priority ahead of the 2026 elections, Trump and White House officials have pointed to these tax reforms as a key sign of the strength of his economic agenda. White House spokesperson Olivia Wales said Trump delivered the largest middle-class tax cut in history and that Trump Accounts were created to invest in the next generation, along with other measures to put more money back in working families\u2019 pockets and to expand the child tax credit. She argued that after four years of Democratic governance, Trump is making everyday life more affordable and that more improvements are coming.<\/p>\n<p>55-character teaser:<br \/>\nOver 4 million kids claim Trump Accounts &#8211; EXCLUSIVE<\/p>\n","protected":false},"author":2645,"featured_media":2584398,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/03\/AP26085766533139.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651,538],"tags":[4294,73786,5894,72171,3634],"class_list":["post-2584397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","category-washington-examiner","tag-children","tag-data-2","tag-politics","tag-social-media-2","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/03\/AP26085766533139.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2584397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2645"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2584397"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2584397\/revisions"}],"predecessor-version":[{"id":2584402,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2584397\/revisions\/2584402"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2584398"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2584397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2584397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2584397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}