Quick Takes

Beshear releases tax returns

By: - April 17, 2023 12:57 pm

The Beshears greet attendees in the House chamber during the State of the Commonwealth address in Frankfort on Jan. 4. (Kentucky Lantern photo by Arden Barnes)

Gov. Andy Beshear on Monday released his federal and state income tax returns, showing he and wife Britainy had $194,094 in gross income in 2023. Of that amount, $150,835 came from his salary as governor. The rest was mainly from dividends and interest.

A news release from the governor’s office said: “For the seventh consecutive year, the Governor released his tax returns and called on all other constitutional officers and legislative leaders to do the same. So far, Lt. Gov. Jacqueline Coleman is the only other statewide elected official to release their returns in the last seven years.”

The Beshears owed $23,051 in federal taxes and are due a $421 refund. They owe $8,245 in state income tax and must send Kentucky $842.

Beshear also released the financial disclosure statement that he filed in February, along with other candidates for governor. The disclosures are on file with Kentucky’s Executive Branch Ethics Commission.

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