Christopher wants to create a revocable grantor trust that will own all of his stocks and rental properties. Which statement regarding income of the trust is true?

Question $43$Select one:

a$.$

Christopher will be taxed only on income that is distributed to him

b$.$

Christopher will be taxed on all income of the trust, regardless of distributions

c$.$

State law will determine how much of the trust income is taxable to Christopher

d$.$

If the rental income is passive, it will not be taxable to him