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Revocable trusts are grantor trusts (the grantor is treated as the owner of the trust assets).

 

As a result, the grantor generally reports all of the income and gain derived from the trust's assets on Form 1040.

 

There are other (optional) methods of reporting.

 

See https://www.irs.gov/instructions/i1041#en_US_2022_publink1000286018

 

Under no circumstances, however, would the grantor be issued a K-1 (1041).