Iowa Governor Kim Reynolds and her husband Kevin released their personal household tax returns for the last 10 years. They challenged the Democratic challenger Fred Hubbell to do the same.
“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,” Reynolds said. “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 Fed tax before credit Fed tax paid/rate Refund at filing Taxable wages Gross wages Deductions (Charitable deductions/%) | $162,579 $22,872 $22,872 (14.1%) $50 $116,515 $153,046 $28,903 $17,765 (10.9%) |
State Return IA taxable income 529 deduction IA retirement exclusion IA state/school dist tax paid/rate Taxes withheld Refund at filing SS tax paid Medicare tax paid Total tax paid | $104,328 $4,200 $12,000 $4,950 (4.7%) $6,719 $1,769 $7,356 $2,219 $37,397 |