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Business & farm
What version and form do I need to use in Turbo Tax?
Since you are grantor, most likely the trustee, and the trust is revocable, the trust would be considered to be a grantor trust by the IRS.
As a result, the income earned by the trust would be reported on your (the grantor's) individual income tax return (Form 1040).
‎February 9, 2023
7:09 AM