The IRS has issued a notice of proposed rulemaking on electronic furnishing of payee statements regarding digital asset sales by brokers. The proposed regulations provide guidance on making an election to open a Trump account, and reserve additional sections for further guidance on Trump accounts. The proposed regulations would affect children eligible to have a Trump account, individuals who would make elections with respect to those children, and trustees of Trump accounts. [REG-117270-25, RIN 1545-BR91, 91 FR 11194, 26 CFR Part 1 (March 9, 2026)]
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