Keogh Distribution

[Kram BergGold]

Can a benificiary have the proceeds from a deceased parents Keogh directly transfered to a benificiary IRA thus spreading out the income and taxes?

[Burke]

I believe you can. Page 26 of Pub 575 says eligible plans are (among others) "...a qualifed employee plan." It also says, "self-employed individuals are generally treated as employees for the rules on the the tax treatment of distributions, including the rules for rollovers."

[awporbb]

Can a benificiary have the proceeds from a deceased parents Keogh directly transfered to a benificiary IRA thus spreading out the income and taxes?

yes, but u may not want to do that. If the decedent was born, b4 01-01-36(?) you may want to use Form 4972 Lump-Sum Distribution. Much lower 1 time tax rate. See Form 4972 for instructions. If you rollover, you cannot use this option.