cancel trump account

[rubby-cavazos]

does anyone know how to remove this

[MaryK4]

To cancel a Trump Account election (Form 4547) in TurboTax and prevent the $1,000 initial deposit enrollment, you must navigate back through the File section. Simply deleting the form often fails because the software's interview logic may automatically regenerate it. 


Follow these steps in TurboTax Online:
 

1. Select File from the left menu.
2. Continue through the screens (past bank info) until you reach the screen titled "It’s time to claim [Child's Name]’s $1,000 initial deposit".
3. Select "Not Interested" or uncheck the box for the account.

In TurboTax Desktop:

1. Go to the File tab at the top.
2. Select Continue on the "Let’s get ready to file" screen.
3. When asked "Do you want to sign up?" regarding the Trump Account, select "Not Interested".