Gov. Kim Reynolds Makes Public 10 Years of Tax Returns

Calls on opponent Fred Hubbell to match her transparency

Gov. Kim Reynolds announced today that she will make 10 years of her household tax returns public.

You can view the tax returns online here.

“Iowa has a strong tradition of candidates and public servants setting high standards for transparency in their financial disclosure. Both Republican and Democratic candidates have always gone above and beyond the required financial disclosures and released their taxes,” said Gov. Reynolds. “Voters deserve full transparency, including the release of tax returns as part of the process of electing a governor. I hope Fred Hubbell will join me and publicly release 10 years of personal returns. Together we can continue Iowa’s long bipartisan tradition of financial transparency for candidates for high office.”

In 2017, Gov. Reynolds and husband Kevin’s status was married filing separately on a combined return. Information from the 2017 filing is included below.

Federal return:

Federal AGI $162,579
Fed tax before credit 22,872
Fed tax paid/rate 22,872 (14.1%)
Refund at filing $50
Taxable wages 116,515
Gross wages 153,046
Deductions 28,903
(Charitable deductions/%) 17,765 (10.9%)

State return:

IA taxable income $104,328
529 deduction 4,200
IA retirement exclusion 12,000
IA state/school dist tax paid/rate $4,950 (4.7%)
Taxes withheld 6,719
Refund at filing 1,769
SS tax paid 7,356
Medicare tax paid 2,219
Total tax paid $37,397