IRS Form 4547 PDF — Download, Print & File (Official Guide)

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IRS Form 4547 PDF – Are you a parent or guardian looking to set up a tax-advantaged savings account for your child? IRS Form 4547, also known as the Trump Account Election(s), is the key document you need. Introduced under the Working Families Tax Cuts as part of the One Big Beautiful Bill Act (OBBBA), this form allows eligible individuals to establish a Trump account—a special type of traditional IRA designed exclusively for children under 18. It also enables an optional election for a one-time $1,000 pilot program contribution from the U.S. Treasury for qualifying children born between 2025 and 2028. This official guide covers everything from downloading the IRS Form 4547 PDF to filling it out and filing it, using the latest information from the IRS as of January 2026.

What Is a Trump Account?

A Trump account, or Section 530A account, is a new tax-favored savings vehicle created to help families build wealth for their children’s future. It’s similar to a traditional IRA but with unique rules during the “growth period,” which lasts until December 31 of the year before the child turns 18. During this time:

Contributions are limited (up to $5,000 annually for non-exempt sources, adjustable after 2027).
Investments are restricted to mutual funds or ETFs tracking U.S. company indices.
Distributions are generally not allowed, except in specific cases like rollovers or excess contributions.
No tax deductions are available for contributions under Section 219.

After the growth period, standard traditional IRA rules apply, including potential 10% early withdrawal penalties unless exceptions are met. The account must be managed by an IRS-approved trustee, such as a bank.

The pilot program adds a $1,000 boost from the Treasury for eligible children, deposited no earlier than July 4, 2026, to kickstart savings.

Who Needs to File IRS Form 4547?

You should file Form 4547 if you’re an authorized individual wanting to:

Open an initial Trump account for an eligible child.
Elect the $1,000 pilot program contribution (for both, or just the contribution if an account already exists).

Eligibility for the Child (Account Beneficiary):

Under 18 at the end of the election year (e.g., born after December 31, 2008, for 2026 elections).
Has a valid Social Security Number (SSN) issued before the election.
No prior Trump account election.
For the pilot: Born after December 31, 2024, and before January 1, 2029; U.S. citizen; anticipated as a qualifying child on your tax return.

Authorized Individuals:

For account opening: Legal guardian, parent, adult sibling, or grandparent (in priority order).
For pilot election: Someone who anticipates claiming the child as a qualifying child (e.g., on Form 1040).

If multiple people qualify, any can file, but they must certify under penalties of perjury that they’re authorized. Note: The child is the account owner, and the authorized individual acts as the responsible party until the child reaches adulthood.

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How to Download IRS Form 4547 PDF?

Downloading the official Form 4547 PDF is straightforward and free from the IRS website:

Visit the IRS Forms and Publications page at www.irs.gov/forms-pubs.
Search for “Form 4547” or navigate to www.irs.gov/forms-pubs/about-form-4547.
Click on the PDF link for the current revision (December 2025): Form 4547 PDF.
Download the instructions separately: Instructions for Form 4547 PDF.

The form is also available in accessible formats, browser-friendly versions, and even Spanish (Form 4547-SP). Always use the latest version to avoid processing delays—check for updates on IRS.gov.

How to Print IRS Form 4547?

Once downloaded:

Open the PDF in a viewer like Adobe Acrobat Reader (free from adobe.com).
Ensure your printer is set to print in black and white or color as needed (the form is simple text).
Print on standard 8.5 x 11-inch paper.
For double-sided printing, check your printer settings, but single-sided is fine.
Sign the printed form by hand—digital signatures are only for electronic filing.

If you don’t have a printer, visit a local library, office supply store, or use IRS ordering services to request free printed copies.

Step-by-Step Guide to Filling Out Form 4547

Form 4547 has four parts and supports up to two children per form (attach additional pages for more). Gather SSNs, birth dates, and addresses before starting.

Part I: Parent/Guardian or Other Authorized Individual’s Information
Enter your full name, SSN, address (include apartment number; for foreign addresses, provide country, province, and postal code), date of birth, phone, and email.
Part II: Child’s Information
For each child: Full name, SSN, date of birth, relationship (e.g., “son”), address (check “same as Part I” if applicable). Check the box on Line 6 to authorize opening the account.
Part III: Pilot Program Contribution Election
Check Line 7 for each eligible child if you want the $1,000 Treasury contribution. Confirm eligibility: U.S. citizen, qualifying birth dates, etc.
Part IV: Consent to Disclose Information
Sign and date under penalties of perjury. If using a paid preparer, they must fill their section. Attach Form 2848 if signing on behalf of someone else.

Tips: Use exact names from SSN cards. For electronic filling, follow software prompts. Average time to complete: About 1 hour, including recordkeeping.

How to File IRS Form 4547?

Filing is flexible and can start immediately:

Electronically: Attach to your e-filed 2025 Form 1040 (or later returns). This is the fastest method.
By Mail: Send to the IRS address for your location (find at www.irs.gov/filing/where-to-file-paper-tax-returns-with-or-without-a-payment). Do not attach to amended returns (Form 1040-X).
Online Option: Available mid-2026 at trumpaccounts.gov.

No filing fee. After submission, the IRS will process and send account activation info starting May 2026. Contributions, including the pilot, begin July 4, 2026.

Recent Developments and Updates

December 2, 2025: Treasury and IRS issued guidance on Trump Accounts, including Notice 2025-68 announcing upcoming regulations.
January 2026: Form 4547 finalized and available for filing.
Employer contributions (up to $2,500 under Section 128) can combine with others but are subject to the $5,000 limit.

Check www.irs.gov/newsroom for updates.

Frequently Asked Questions (FAQs)

Can I file Form 4547 for multiple children?

Yes, the form supports two; attach additional Forms 4547 for more.

What if my child doesn’t qualify for the pilot contribution?

You can still open the account by completing Parts I, II, and IV—skip checking Line 7.

Are contributions tax-deductible?

No, Trump account contributions don’t qualify for deductions under Section 219.

What happens after the growth period?

The account converts to a standard traditional IRA with typical rules on distributions and taxes.

Where can I get help?

Visit www.irs.gov/help or call the IRS at 1-800-829-1040. For form comments, go to www.irs.gov/formscomments.

This guide ensures you’re equipped to handle IRS Form 4547 efficiently. Start downloading today and secure your child’s financial future with a Trump account!