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Martha Coakley releases 3 years of tax returns

Attorney General Martha Coakley and her husband averaged $215,143 in yearly total income over the last three years, according to copies of their jointly filed 2011, 2012, and 2013 federal tax returns made available to some reporters Tuesday by Coakley’s campaign for governor.

Their income, which did not fluctuate much, included Coakley’s about $130,000 yearly salary as attorney general and the approximately $84,000 her husband, Thomas F. O’Connor Jr., a retired police deputy superintendent, gets as a yearly pension from the Cambridge Retirement Board.

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The couple paid an average of about 21 percent of their adjusted gross income in state and federal income taxes each year, and they donated an average of 2.1 percent of their adjusted gross income to charity, according to calculations made based on copies of their federal and state tax returns for those three years.

The giving included donations to Williams College (Coakley’s undergraduate alma mater), the Commonwealth of Massachusetts Employee Charitable Campaign, and the Pan-Mass Challenge, campaign spokeswoman Bonnie McGilpin said.

One source of income for the couple in 2012 was $3,658 O’Connor made in net profit from his work as a private investigator, their federal return from that year showed. The Coakley campaign did not respond to requests to provide details of how he made that money.

On their 2013 federal return, Coakley and O’Connor reported taking $28,818 in total itemized deductions, including for charitable giving and home mortgage interest. They reported total itemized deductions of $26,543 on their 2012 return and $30,804 on their 2011 return.

On their jointly filed state returns, which included reporting of health insurance coverage, they reported O’Connor was covered by Blue Cross Blue Shield of Massachusetts. Coakley was covered by Harvard Pilgrim Health Care.

Coakley and her husband made donations to Williams College, the Massachusetts Employee Charitable Campaign, and the Pan-Mass Challenge, her spokeswoman said.

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The returns, which had Coakley and O’Connor’s Social Security numbers obscured, showed a home address in Medford.

Candidates don’t have to release their tax returns to the media or the public. In some races they do, in others they don’t. Neither Charlie Baker, the 2010 GOP gubernatorial nominee, nor Governor Deval Patrick, whom Baker was trying to unseat, released their returns during the 2010 campaign.

After a challenge from Baker, who is running again this year and who made available three years of his tax returns last month, many of the seven other candidates for governor released tax returns.

Based on Baker’s returns, the Globe reported he earned an average of almost $750,000 annually from his work as a venture capitalist and investor in 2011, 2012, and 2013. The returns, filed jointly with his wife, showed they donated roughly 10 percent of their income to charity and paid about 30 percent of their adjusted gross income in taxes during that period, the Globe reported.

In addition to Coakley, the two other Democratic contenders seeking to succeed Patrick, Treasurer Steve Grossman and former federal Medicare and Medicaid chief Don Berwick, also released some tax returns.

Grossman earned an average of $828,154 in 2010, 2011 and 2012, the Globe reported, based on his returns from those years. Those returns, filed jointly with his wife, showed charitable giving ranged from 2.56 percent of their adjusted gross income in 2012 to 7.6 percent of it in 2010.

Berwick, who filed jointly with his wife, made his 2011 and 2012 tax returns available. The Globe reported he had $1.7 million in adjusted gross income for 2012 and $266,660 in 2011. Berwick paid 34 percent of his adjusted gross income in taxes and gave 0.9 percent to charity in 2012, the Globe reported. He paid about 20 percent in taxes and contributed 4.7 percent of the income to charity in 2011.

Independent candidate Evan Falchuk, a former business executive who filed jointly with his wife, had a 2012 income of $2.9 million, had $490,771 in adjusted gross income in 2011 and $457,449 in 2010, the Globe reported, based on his returns from those years.

He paid from 24 percent to 28.5 percent in taxes and gave from 0.29 percent to 1.3 percent of his income to charity over those years, the Globe reported.

Independent Scott Lively, a Christian pastor, released a single page of his 2013 tax return last month showing he made just over $54,000 in adjusted gross income.

Republican candidate Mark R. Fisher, a businessman, has said he will release his returns if he’s the GOP nominee.

Independent candidate Jeff McCormick, a venture capital investor, has not yet released his returns.

Joshua Miller can be reached at joshua.miller@globe.com. Follow him on Twitter @jm_bos.
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