To add to this for distributions that are taxable, the trust will file a Schedule K-1 for each beneficiary. The beneficiary will then report the income on their tax return.
So for example the trust has interest income. That interest income for you the beneficiary is reported on the K-1, and then you would reported this income on line 2b of Form 1040 or 1040-SR and Schedule B, Part I, line 1, if applicable.
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