Does the head swivel so you can use it for oversized pieces?

Yes, the head can be rotated 180 degrees for working on oversized pieces. I wish people that didn't know what they were talking about would stop answering these questions. As Geoff pointed out, the instructions are on page 15 of the manual, which you can download from the Powermatic web site.

what chisels does the machine come with?

I believe it comes with 4 chisels 1/8"1/4" 3/8" and 1/2"

What is the minimum size table (width and depth) this will fit on?

I have mine on a 20 x 20 inch table with rollers, so I can move it to where i'm working.. works great..

do any chisels and bits come with this mortiser and what is the return policy

No. I purchased four Power Matic super-sharp bits: 1/4, 5/16, 3/8, and 1/2. I had a set of Delta mortising bits but opted for the Power Matic; my Delta buts never seemed to work right. I made a mortiser stand and cabinet on wheels to store the bits and extend the work surface. I'd suggest you do that if you can.

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PowermaticBenchtop Mortiser, 3/4" Chisel, 5-1/2" Stroke, 115/230V 1Ph (Model PM701)

PowermaticBenchtop Mortiser, 3/4" Chisel, 5-1/2" Stroke, 115/230V 1Ph (Model PM701)

Product ID: 1097367

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Details

Brand
Powermatic
Power Source
Corded
Maximum Rotational Speed
1725 RPM
Voltage
115 Volts
Amperage
15 Amps

📏5.5" stroke capacity

🔧Tool-free reversible handle

⚙️0.75 HP motor power

Description

⚡ Master your joinery with precision and speed — no compromises!

EFFORTLESS SETUP - Integrated bit & chisel spacers speed up accurate alignment
SECURE WORK HOLDING - Double lock stock hold-down eliminates slippage for flawless mortises
USER FRIENDLY ACCESS - Large hinged chuck door with magnetic catch for easy bit changes
RAPID FENCE ADJUSTMENT - Quick-action cam lock with rack & pinion for fast, stable positioning
PRECISION DEPTH CONTROL - Inline depth stop for exact preset cuts without bit racking

The Powermatic PM701 Benchtop Mortiser is a heavy-duty, 0.75 HP woodworking powerhouse designed for professional-grade mortising. Featuring a 5.5-inch stroke, tool-free reversible handle, and an inline depth stop, it ensures precise, repeatable cuts. Its double lock stock hold-down and quick-action cam lock fence system provide unmatched stability and ease of use. Built with cast iron and steel, this 115V machine combines durability with user-centric features like a magnetic chuck door for rapid bit access, making it the go-to choice for serious woodworkers aiming for flawless joinery.

Specifications

Manufacturer	Powermatic
Part Number	PM701
Item Weight	84 pounds
Product Dimensions	16 x 13.5 x 34 inches
Item model number	PM701
Is Discontinued By Manufacturer	No
Color	Powermatic Gold
Style	Mortiser
Material	Cast Iron, Steel
Power Source	Corded Electric
Voltage	115 Volts
Horsepower	0.75
Maximum Power	0.75 Horsepower
Item Package Quantity	1
Speed	1725 RPM
Special Features	Quick action cam lock, Inline depth stop
Included Components	Mortiser, 3/4" Chisel Bushing, Chuck Extension Adaptor, Chuck Key, Operating Handle, Chisels (sold separately)
Batteries Included?	No
Batteries Required?	No
Battery Cell Type	Lithium
Warranty Description	5 Year