We were notified in September of 2024 that my husband is named as one of the beneficiaries of my sister-in-law's estate, which includes a sizable 401K account. This has resulted in a hefty tax liability for this year of which we were not aware of in time to make the proper quarterly estimated federal and state tax payments. Is there anything we need to do/to file when we file our income taxes by April 15 next year? We plan to pay the estimated balance by January 1, 2025.
