Cynthia Nixon tax returns: $1.5M income, $53K in donations
ALBANY, N.Y. (AP) — “Sex and the City” star and New York gubernatorial candidate Cynthia Nixon released tax returns on Friday showing she and her wife had an income of $1.5 million last year and gave about $53,000 to charity.
The Democratic candidate released the returns after initially filing an extension on her taxes. Nixon’s finances are complicated and involve her private corporation, named the Fickle Mermaid Corp., as well as a family foundation and income from investments, royalties and residual payments for television and film. Nixon paid state income taxes in New York, New Jersey, Connecticut, Utah, Illinois and California.
Most of the income received by Nixon and her wife, Christine Marinoni, in 2017 was derived from investments, royalties and Nixon’s work as an actor. Marinoni earned $128,000 working as a senior adviser in New York City government in 2017; she left the job this year. Nixon and Marinoni filed jointly. They had a total federal tax bill of $150,000 and a state and local tax liability of $63,000.
Nixon’s campaign said her true income was about $1 million in 2017, noting that the overall figure of $1.5 million does not reflect some expenses incurred by Nixon’s corporation, while it does include receipts from the sales of securities which are not classified as income for tax purposes. When various losses are included, Nixon’s adjusted income drops even more. She and her wife had an adjusted gross income of just under $620,000.
The couple contributed about $53,000 to a variety of environmental, education, arts and children’s charities, including the Girl Scouts, homeless shelters, the Montauk Public Library and a hospice. Most of the money was contributed by a family foundation. Nearly $8,000 worth of contributions made directly by the couple were not itemized.
Nixon’s campaign allowed reporters to review her tax documents for two hours on Friday. Releasing tax returns is common for candidates for governor. Nixon’s Democratic primary opponent, two-term incumbent Gov. Andrew Cuomo, released his tax returns last month, while Republican candidate and Dutchess County Executive Marc Molinaro released his taxes on Thursday.
Cuomo’s returns showed that he had $212,000 in income and a combined federal and state tax bill of nearly $55,000 in 2017. He gave $11,000 in charitable contributions to HELP USA, a charity he founded years ago to fight homelessness.
This story has been corrected to show that Nixon’s household income was $1.5 million, not $1.9 million.