SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom and his wife made between $1.7 million and $2 million annually from 2022 through 2024, and they paid about half a million a year in federal and state taxes, according to tax returns released by his office.The Democrat’s office released more than 700 pages of tax filings spanning four years for reporters to review, offering a window into Newsom’s finances as he prepares to leave office and considers a 2028 presidential bid. Newsom’s office did not release returns for 2025, because the couple filed for an extension and will complete those returns in October.The returns show the Newsoms’ income has remained relatively consistent since when he took office in 2019, when the couple reported $1.7 million in annual income. The exception was in 2021, when the family sold a house for nearly $6 million in Marin County, making roughly $800,000 from the sale. That year, they made $4.2 million and paid more than $1 million in federal and state taxes. They earned roughly $2 million in 2022.
The release of the couple’s tax filings comes as their finances have been under scrutiny after the U.S. Justice Department launched investigations into the Newsoms, the governor announced last month. Newsom has blasted the probes as politically motivated.It was the first time Newsom released returns since 2022.
