{"id":2584457,"date":"2026-03-27T09:30:00","date_gmt":"2026-03-27T13:30:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/more-than-four-million-children-have-claimed-their-trump-accounts\/"},"modified":"2026-03-27T09:31:56","modified_gmt":"2026-03-27T13:31:56","slug":"more-than-four-million-children-have-claimed-their-trump-accounts","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/more-than-four-million-children-have-claimed-their-trump-accounts\/","title":{"rendered":"More than four 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-four-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=2584457&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>Teh washington Examiner reports, based on IRS data, that parents of more than four million American children have already claimed \u201cTrump Accounts\u201d when filing their 2025 tax returns. These accounts were created under the One Big Beautiful Bill Act, which provides a $1,000 government contribution for all children born to U.S. citizens between January 1, 2025, and December 31, 2028. <\/p>\n<p>Key points:<\/p>\n<p>&#8211; Claims can be made through an IRS portal or by filing Form 4547 with federal tax returns. As of March 25, 2025, 983,784 children had qualified for the $1,000 via Form 4547, with a total of 4,031,827 children listed on Forms 4547 for 2025.<\/p>\n<p>&#8211; Beginning July 4, 2026, parents, friends, companies, and philanthropists can start contributing to the accounts, up to annual caps.<\/p>\n<p>&#8211; The broader tax reforms under Trump reportedly boosted refunds: 37,501,692 individual filers benefited, with an average return of about $3,460 for those filers, and the overall average for all filers around $3,569.72 (up more than 9% from last year).<\/p>\n<p>&#8211; White House officials framed these numbers as proof of the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cnn-story-says-inflation-can-actually-be-good-for-everyday-americans-heres-what-cnn-published-two-weeks-ago\/\" title=\"CNN Story Says \u2018Inflation Can Actually Be Good For Everyday Americans.\u2019 Here\u2019s What CNN Published Two Weeks Ago.\">middle-class benefits<\/a> of Trump\u2019s economic agenda, highlighting the Trump Accounts and other reforms like no tax on tips and no tax on overtime.<\/p>\n<p>(Note: The article also contains <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ukraine-rips-fifa-president-as-moral-degenerate-12\/\" title=\"Ukraine rips FIFA president as &#039;moral degenerate&#039;\">related political commentary<\/a> and references to current events beyond the Trump Accounts.)  <\/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 four 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><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/internal-revenue-service\/\" type=\"post_tag\" id=\"2339\">Internal Revenue Service<\/a> 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:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-clarifies-bessents-comments-on-privatizing-social-security\/\" title=\"White House clarifies Bessent&#039;s comments on privatizing Social Security\">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:\/\/amzn.to\/3YuVZYV\" >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 child tax credit,&rdquo; she wrote in a statement. &ldquo;After four years of economic pain under the Democrats, President Trump is making everyday life 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>55-character paraphrase (headline):<br \/>\nIRS 4M+ children claimed Trump Accounts on 2025 returns<\/p>\n<p>Full paraphrase:<br \/>\nIRS data reviewed by the Washington Examiner show that more than four million American children have had \u201cTrump Accounts\u201d claimed when their parents filed their 2025 tax returns. The accounts were created under President Trump\u2019s One Big Beautiful Bill Act and provide a $1,000 government seed for each child born to U.S. citizens between January 1, 2025, and December 31, 2028. Parents can claim the accounts via an IRS portal or by submitting Form 4547 with their tax return. As of March 25, 2025, 983,784 children qualified for the $1,000 bonus via Form 4547, and a total of 4,031,827 children were listed on Forms 4547 for 2025 by that date. Beginning July 4, 2026, individuals-including friends, companies, and philanthropists-can begin making annual contributions to the accounts, up to an annual cap. Beyond the Trump Accounts, IRS data indicate that the administration\u2019s tax reforms, including 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 car, significantly boosted refunds this season. The IRS reports that 37,501,692 individual filers, or 43.9% of all filers through March 25, benefited from these reforms, with the average refund for those filers around $3,460. The overall average refund this year is about $3,569.72, up more than 9% from last year. White House spokesperson Olivia Wales said the president delivered the largest middle-class tax cut in history and that American families nationwide are reaping the benefits, adding that the Working Families Tax Cut created Trump Accounts to invest in the next generation, while continuing to push other tax measures to put more money back in workers\u2019 pockets<\/p>\n","protected":false},"author":2645,"featured_media":2584458,"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":[538],"tags":[4294,5894,3634],"class_list":["post-2584457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-children","tag-politics","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\/2584457","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=2584457"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2584457\/revisions"}],"predecessor-version":[{"id":2584461,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2584457\/revisions\/2584461"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2584458"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2584457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2584457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2584457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}