Gov. Cuomo's Income Topped $200K in '10

Income came from his Attorney General salary and tax-exempt bonds

Tax returns showed that Gov. Andrew Cuomo's income topped $200,000 last year from his salary as attorney general and investment income from mostly tax-exempt bonds, while Lt. Gov. Robert Duffy and his wife listed more than $234,000 in joint income from their salaries and his Rochester police pension.

Cuomo reported $143,870 in salary and nearly $5,000 from taxable interest and dividends. After deductions and exemptions, including a $10,000 donation to a nonprofit organization that helps the homeless, he owed $25,369 in federal taxes. He's due a refund of $8,050 withheld from his paychecks.

The governor's state return released Monday showed an additional $47,018 in income from federally tax-exempt bonds plus $4,533 in state retirement credits for a total income of $200,160. He owed $3,582 on combined state and New York City taxes of $18,631.

Cuomo, who shares a Westchester County home and Manhattan apartment with Sandra Lee, who hosts Food Network TV shows, paid the full $6,397 in city taxes rather than calculate the portion of time spent there. Spokesman John Milgrim said Cuomo did that "out of an abundance of caution."

Tax documents for Duffy, former Rochester mayor, show $122,879 from salary last year and $70,255 from his pension as that city's ex-police chief. His wife, Barbara, was paid $42,600 by St. John Fisher College and took a small write-off for a human resources consulting business. They listed $3,445 in charitable gifts and $2,825 in donated clothes and other items. They owed $3,323 on a federal tax bill of $43,156 and are due an $840 state refund from $9,819 in withholdings.

State Attorney General Eric Schneiderman listed $96,868 from income last year as a state senator, plus $5,338 in ordinary dividends and a $3,000 loss from about $800,000 in mutual funds he sold to help finance his campaign and other expenses. He also reported a $24,162 loss from supporting the theater group The Guitar Company LP.

After giving $19,250 mainly to charities that provide sanctuary to families, Schneideran's federal tax bill was $7,606 and he had overpaid in withholdings by $14,102. His state tax return was not available.

State Comptroller Thomas DiNapoli reported last week a total income of $166,976, almost all from his state paycheck.

The second-term Democrat reported wages of $147,447 and small returns on investments. The investments include AT&T, Comcast, Frontier Communications, Verizon and Vodafone. Although many of the companies have public contracts, DiNapoli's investments appear relatively small.

He also reported receiving $12,629 from a challenge led by his apartment co-operative on Long Island against property taxes. DiNapoli, who owns his Great Neck condominium, didn't participate in the tax fight, his spokeswoman said.

DiNapoli also reported spending $4,777 in more than 40 charitable gifts to his Catholic church, to education programs and to funds to fight diseases and feed the hungry. His largest contribution was $1,308 to his church.

He will receive a $2,850 refund according to the tax return completed by a Long Island accountant.

He also used the state income tax check-off to contribute to eight causes.

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Associated Press writer Michael Gormley contributed to this report.


 

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