4 years after friends death stock was found of 55,000. It's now in estate account & has a tax id. Do I claim this on my taxes as inheritance & do Estate Tax on this?

krystlerose · ‎June 7, 2019

I live in NJ as did my friend. She died August 2012. No taxes were done then as she was in nursing home. I am executrix of estate.

4 years after friends death stock was found of 55,000. It's now in estate account &amp; has a tax id. Do I claim this on my taxes as inheritance &amp; do Estate Tax on this?