NY attorney general reports $242,000 in income - New York News

NY attorney general reports $242,000 in income

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ALBANY, N.Y. (AP) - New York Attorney General Eric Schneiderman has reported income of $242,616 in his second year as the state's top lawyer, including $46,000 from dividends and $40,000 in capital gains.

Schneiderman, who has investigated the 2008 collapse of mortgage-backed securities that contributed to a recession, invests in mutual funds handled by financial manager Charles Schwab.

His tax return last year showed $170,500 of income, including $18,000 from dividends and $2,000 of capital losses.

His 2012 federal return shows $150,530 from salary with $37,932 in taxes withheld and $8,982 owed.

Divided income includes more than $10,000 from his late father's estate.

The Manhattan resident reports $43,000 of itemized deductions, including $9,000 in real estate taxes.

His state return shows $18,000 in state and city income taxes withheld and $4,820 owed.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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