The couple's revenues gone down from $5.5m in 2009 and from $2.6m in 2008, a decrease the tax files aspects to sluggish book sales.
Mr. Obama's wages as American president was $395,000.
They gave around $500,000 in national and state taxes and contributed a total of $245,000 to almost thirty six charity organizations. The couple's tax return, which list Mr. Obama's occupation rotate as "
president" and "writer", were released by the White House on Monday. US
Mr. Obama wrote his 1995 journal Dreams from My Father, a 2006 political book The Audacity of Hope and a children's book last year, Of Thee I Sing: A Letter to My Daughters.
The president advantaged significantly from less tax rates on lofty takings endorsed into law under his ancestor George W Bush; Mr. Obama has pressed for those to be permitted to terminate, saying the US cannot afford tax rupture for the wealthy at a time of high budget shortfalls.
The couple’s give taxes in the
US state of Illinois, where they have a home and resided before shifting to in January 2009. The couple contributed to three dozen charities. Washington
The biggest gift, $131,075, went to the Fisher House Foundation, which gives charitable supports to families of injured
military staff. US
medium household income is $52,049. US