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Cashing out Non Qualified options

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rated:
Hi !
I'll be cashing out about $600K of options shortly and have resigned myself to a large tax bill this year. It will push my gross income to close to $900K. 
I filed jointly with my spouse and have maxed out my 401k etc.

I figured it might be worth a shot to check with the finance guru's if there's any means to reduce the tax bill. I'm researching life insurance vehicles but am a novice at it.
Appreciate any advice.

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rated:
If your state has income tax, make sure that either you have enough withheld or paid estimated taxes to make sure that you are not short on your state taxes. This would maximize your deduction.

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