Gov. Mark Dayton voluntarily released his 2012 income tax return documents on Tuesday, a practice he's followed since 2010, that showed he earned $343,234 last year.
The majority of Dayton's income came from dividends and capital gains, which summed up to $130,291, the Star Tribune said.
The governor, whose family grew wealthy from a chain of department stores, also received $92,381 from a family trust on top of his gubernatorial salary of $116,125.
The tax forms indicated Dayton donated $1,000 to charity last year, which is significantly less than the charitable contributions he made in 2009 and 2010, City Pages pointed out.
Dayton also paid $89,000 in taxes -- $64,157 in federal taxes and $24,990 in state taxes.
The Pioneer Press says next year, if the governor makes more than $150,001, he'll pay a 9.85 percent state income tax rate, which was part of the tax increase on Minnesota's top earners championed by Dayton.
Minnesota Public Radio posted a copy of the Dayton's tax form.
Dayton is running for re-election next year. His GOP competitor state Sen. Dave Thompson of Lakeville also made his tax documents public Tuesday that showed he and his wife made $198,322 last year, with more than $20,000 donated to charity. Thompson paid about $40,000 in taxes.
The Star Tribune offers a copy of Thomson's federal return.