Unfortunately, there is not much that can be done to the magnitude. Did they withhold anything at all from the distribution?
You can do the regular year end tax planning things. However, they all involve spending money.
If you are still working get back into the 401(k) with the maximum contribution through the end of the year. Clean out your closets and donate to charity.
Are you over 591/2? If not there will be a 10% penalty on top of the tax.
Do you have any assets you can sell?
Can you borrow against your home?
WE have upped our donations and we placed $75k of the balance in a liquid account. 42 years old.
I am glad to see you set some money aside to pay taxes.
I just didn't know if a property purchase or something of that nature would reduce my taxes.