NY attorney general reports $170,000 income - NEWS10 ABC: Albany, New York News, Weather, Sports

NY attorney general reports $170,000 income

Posted:

ALBANY, N.Y. (AP) - New York Attorney General Eric Schneiderman is reporting $170,500 of income in his first year as the state's top lawyer, including $18,000 in dividend income and $2,000 of capital losses.

Schneiderman, who is investigating the collapse of mortgage-backed securities, keeps investments in mutual funds handled by financial manager Charles Schwab.

His federal tax return shows mixed investing results, including a nearly $17,000 capital loss from PS Global Nuclear, an energy fund.

The Manhattan resident reports $48,000 of itemized deductions including $26,000 in state and local taxes and $8,000 in charitable giving, mainly to synagogue B'nai Jeshurun and to Guild Hall, an arts center.

He owed $28,000 in federal taxes.

Spokeswoman Jennifer Givner says he is separately giving back $7,575, or 5 percent, of his $151,500 salary to the state.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

Powered by WorldNow
     
NEWS10 ABC
341 Northern Boulevard
Albany, NY 12204
+(518) 436-4822
Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and WTEN. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.