Internal Revenue Code · 26 U.S.C.
§ 6434. Trump accounts contribution pilot program
Official text, no changes From the Office of the Law Revision Counsel, release point 119-121 (current through Public Law 119-121 (October 9, 2026)). Compare it with the official text at uscode.house.gov (external site).
Cite as 26 U.S.C. § 6434
At a glance
Read from the text, the source credit and the official notes. Not part of the law.
- Status
- In force
- Added
- July 4, 2025 by Pub. L. 119–21
- Length
- 9 subsections · 471 words · about 2 min to read
- Defines
- 4 terms
- Cross-references
- cites 5; cited by 3 Code sections and 1 other regulation
In the case of an individual who makes an election under this section with respect to an eligible child of the individual, such eligible child shall be treated as making a payment against the tax imposed by subtitle A (for the taxable year for which the election was made) in an amount equal to $1,000.
An election under this section shall be made at such time and in such manner as the Secretary shall provide.
This section shall not apply to any taxpayer unless such individual includes with the election made under this section the social security number of the eligible child with respect to whom the election is made.
For purposes of paragraph (1), the term “social security number” shall have the meaning given such term in section 24(h)(7), determined by substituting “before the date of the election made under section 6434” for “before the due date of 11 So in original. Probably should be “for”. such return” in subparagraph (B) thereof.
The period determined under section 6611(a) with respect to any payment under this section shall not begin before January 1, 2028.
In the case of any possession of the United States with a mirror code tax system (as defined in section 24(k)), this section shall not be treated as part of the income tax laws of the United States for purposes of determining the income tax law of such possession unless such possession elects to have this section be so treated.
For purposes of this section, the terms “Trump account” and “account beneficiary” have the meaning given such terms in section 530A(b).
(Added Pub. L. 119–21, title VII, § 70204(d)(1), July 4, 2025, 139 Stat. 187.)
Terms defined here
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Cross-references
Computed from the citations in the text of Title 26 and 26 CFR.
This section cites 5 other sections
- § 152(c) Dependent defined
- § 24(h)(7) Child tax credit
- § 6402 Authority to make credits or refunds
- § 6611(a) Interest on overpayments
- § 530A(b) Trump accounts
Cited by 3 Code sections
- § 530A(c)(2)(B)(iii) Trump accounts
- § 6213(g)(2)(AA) Restrictions applicable to deficiencies; petition to Tax Court
- § 6659(a) Improper claim for Trump account contribution pilot program credit
Cited in 1 regulation not issued under it
Amendment history
From the source credit and the official notes, newest first.
- Added by Pub. L. 119–21
Where it sits in the Code
- Subtitle F Procedure and Administration
- Chapter 65 ABATEMENTS, CREDITS, AND REFUNDS
- Subchapter B Rules of Special Application
Nearby sections
- § 6430 Treatment of tax imposed at Leaking Underground Storage Tank Trust Fund financing rate
- § 6431 Repealed
- § 6432 Continuation coverage premium assistance
- § 6433 Saver’s Match
- § 6434 Trump accounts contribution pilot program
- § 6435 Dyed fuel
Official notes
Show the Law Revision Counsel's notes (amendments, effective dates)
Statutory Notes and Related Subsidiaries
Effective Date
Section applicable to taxable years beginning after Dec. 31, 2025, see section 70204(e) of Pub. L. 119–21, set out as a note under section 128 of this title.