kmd
Level 3

Get your taxes done using TurboTax

Thanks - yes, I just expected since inheritance under 5 mil is not taxed, I'd be ok (mine was well under that).  What I didn't know about is that the taxable income for the year is generally passed to the beneficiaries since they are generally taxed at a lower rate than estates.  I will be paying an estimate from here on out to avoid penalties.  Thanks for your response and the link.