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How many beneficiaries are allowed on a 1041?

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Level 11

Are you asking about the law, or about the capacity of the software?  

I'm not aware of any state law that limits the number of beneficiaries to a trust.  As many as there are stars in the sky, although that would be impractical to administer.  Compare it to how many K-1s can be issued by a PTP.  

Level 10

I think the most I ever had in PS was 40 or so.

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