msnbc.com news services
updated 4/15/2010 1:59:51 PM ET 2010-04-15T17:59:51

President Barack Obama and first lady Michelle Obama made $5.5 million in income in 2009 and paid $1.79 million in federal taxes, according to income tax returns released Thursday.

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The majority of the Obamas’ income was from the sale of the president’s best-selling books, the White House said.

Obama and his wife donated about $330,000 of their income to charity, including gifts to the United Negro College Fund and the global anti-poverty organization CARE. The president also donated the prize funds from his 2009 Nobel Peace Prize award – totaling $1.4 million – to 10 different charities.

The Obamas also reported paying about $160,000 in state income taxes in their home state, Illinois.

The tax returns for the president and vice president’s families were posted on the White House blog

Vice President Joe Biden and his wife, Dr. Jill Biden, reported a total 2009 gross adjusted income of $333,182 and paid $71,147 in federal taxes. They donated about $5,000 to charity.

The salary of the commander-in-chief is fixed at $400,000 annually. The vice president's annual salary was raised in 2008 from $221,100 to $227,300.  

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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