The IRS recently released Revenue Procedure 2026-25, which establishes a transfer tax safe harbor for certain contributions to Trump Accounts. The guidance appears to be designed to address a concern many in the Private Wealth space have flagged: that contributions to these accounts could constitute gifts of future interests that do not qualify for the annual exclusion, thereby triggering a gift tax return filing obligation.
| less than a minute read
IRS Issues Transfer Tax Safe Harbor for Contributions to Trump Accounts

/Passle/6a29bbc7947ddd1b8bbf9eeb/SearchServiceImages/2026-07-20-18-20-29-156-6a5e66ed3455c3b50efd3d05.jpg)
/Passle/6a29bbc7947ddd1b8bbf9eeb/SearchServiceImages/2026-07-16-18-31-50-255-6a592396c623e2000789eef1.jpg)
/Passle/6a29bbc7947ddd1b8bbf9eeb/SearchServiceImages/2026-07-15-18-23-56-182-6a57d03ca048136c79fe4cef.jpg)
/Passle/6a29bbc7947ddd1b8bbf9eeb/SearchServiceImages/2026-07-15-18-23-17-362-6a57d0150536e2c0d297350a.jpg)