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Obamas' tax return shows income down from 2009

President Barack Obama and wife Michelle reported an income of more than $1.7 million in 2010, less than the year prior. (whitehouse.gov)

April 18, 2011 12:00:00 AM PDT
The first family joined many Americans by filing their federal taxes in the last few days.

President Barack Obama and wife Michelle reported an income of $1.73 million in 2010, much of it from sales of the books the president has written.

The president for the first time drew his full $400,000 salary in 2010, since in 2009 he didn't start drawing pay until after his inauguration in late January.

In 2009, the Obamas made $5.5 million, mostly from book sales.

They also reported donations of $245,075 to 36 different charities. The largest was a contribution of $131,075 to the Fisher House Foundation, which provides humanitarian support to members of the United States Armed Forces and their families.

Click here to see the Obamas' tax file on the White House website.

Vice President Biden and his wife, Jill, reported more modest earnings, a combined adjusted gross income of $379,178, on which they paid $86,626 in federal taxes for 2010.

Jill Biden is an adjunct professor at Northern Virginia Community College. The Bidens contributed $5,360 to charities.

The Associated Press contributed to this report.

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