You might be right that you don't need to file a 1041 because the income is lower than the filing threshold. However you as the grantor will need to report the income on your personal 1040 even if no 1041 is filed.
The instructions aren't totally clear. but they do read as you say. Later they say that grantor trusts must file in various ways. One could read those as separate requirements, but I'm with you. That doesn't seem to make I.R.C. 6012(a)(4). https://www.law.cornell.edu/uscode/text/26/6012 ... the regulations don't seem to have an different treatment for grantor trusts -- https://www.law.cornell.edu/cfr/text/26/1.6012-3
Does anyone else here think differently and why?
Even if you aren't right about not needing to file a 1041, I don't think the IRS will notice given the small amount and especially if you report the income on your 1040. For future years to keep things simple, I would get your financial institutions to use your SSN.
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