DES MOINES, Iowa (AP) — Gov. Terry Branstad has released tax returns showing that he earned $191,311 in 2014 and paid just over $20,000 in federal taxes for the year.
Branstad on Tuesday continued an annual practice of providing tax details to reporters. The information released showed he and his wife paid just over $32,000 in federal taxes, but are getting a refund of nearly $11,000.
Most of Branstad's 2014 income came from his salary as governor. He also received a state pension from his earlier service as governor, lieutenant governor and legislator.
Branstad's chief of staff, Matt Hinch, and his accountant, Jamie Ward, made more than 60 pages of state and federal returns available to reporters for review in the governor's office.