Obamas Made $5.5M

Jill and Joe Biden earned $333,000 in 2009
By John Johnson,  Newser Staff
Posted Apr 15, 2010 1:21 PM CDT
Obamas Made $5.5M
Barack and Michelle Obama earned more than $5.5 million.   (AP Photo/Ron Edmonds, File)

Tax Day means we get to peek into the personal finances of the Obamas. The president and first lady reported income of $5.5 million in 2009, most of it from his books. They paid $1.8 million in federal taxes and $163,303 in state taxes to Illinois. The first couple donated $329,100 to 40 charities, including gifts of $50,000 to CARE and the United Negro Fund. The president split his $1.4 million Nobel Peace Prize among 10 charities. The White House blog offers their returns in PDF form here.

Joe and Jill Biden, meanwhile, earned $333,182 in 2009. They paid $71,147 in federal income tax, along with $12,420 in state taxes to Delaware and $1,477 to Virginia. The Bidens donated $4,820 to charity. See their returns here.
(More tax returns stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X