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Andrew Cuomo's tax return shows his income topped $550,000

New York Gov. Andrew Cuomo's 2014 tax return shows he made just under $377,000 last year for his memoir, 'All Things Possible.' His federal tax rate was just under 28 percent.

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New York Gov. Andrew Cuomo speaks during a news conference in the Red Room at the Capitol in Albany, N.Y. March 18.

Mike Groll/AP/File

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New York Gov. Andrew Cuomo's recently published memoir pushed his income up to more than $550,000 last year, according to the Democratic governor's tax returns.

The returns show Cuomo made just under $377,000 last year for the book, "All Things Possible," published by HarperCollins in the fall. He also made nearly $169,000 as governor and had some income from investments.

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The year before Cuomo earned $360,000, including a $188,333 advance on the book.

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Cuomo reported $27,000 in charitable donations in 2014, split evenly between the Robert F. Kennedy Center for Justice and HELP USA, a charity Cuomo founded for the homeless 30 years ago.

The governor's federal tax bill was $155,193. He owed $6,916. His federal tax rate was just under 28 percent.

As for state taxes, Cuomo paid $41,000 and can expect a refund of $3,212.

He paid $8,250 in tax preparation fees.

Cuomo could make even more from the memoir. A financial disclosure filed by the governor last year indicated that he expected to make between $700,000 and $900,000 on the book.

Lt. Gov. Kathy Hochul's tax returns show she and her husband reported $416,150 in income in 2014. Hochul, who took office this past January, earned $237,498 as a vice president of government relations at M&T Bank. She is married to William Hochul, the U.S. attorney for the Western District of New York, who made $136,137 last year.

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The Cuomo administration allowed The Associated Press and other reporters to inspect and copy tax returns for both Hochul and Cuomo on Wednesday, the deadline to file taxes.