Wolf reports $414K in 2017 income, $1.3M in charitable gifts
Republican gubernatorial nominee Scott Wagner has declined to release his tax return.
Gov. Tom Wolf at the state Capitol in Harrisburg, Pa., on Tuesday, Feb. 6, 2018. (Chris Knight/AP Photo)
Democratic Gov. Tom Wolf is reporting about $414,000 in adjusted gross income in 2017 and nearly $1.3 million in charitable donations in a federal tax return.
Wolf made the two-page form 1040 public Friday and let The Associated Press review the rest of his 102-page federal tax return in a campaign office.
Republican gubernatorial nominee Scott Wagner, who has made millions in waste-hauling, has declined to release his tax return.
Wolf’s income is largely from $188,000 from in salary and another $206,000 in total investment income, not including another $57,000 in tax-exempt interest. He reported $266,000 in cash gifts to charity and another $1 million in securities donated to Franklin and Marshall College in Lancaster, where his wife Frances is a trustee.
After deductions, he’ll owe $8,000 in taxes.
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