president obama's 2000 tax return

8/2/2019 President Obama's 2000 Tax Return

1/11

lAB If a Jo In t -anrrn , s po us e'S f ir st rurne nnd initin!, rmcflalle L. OhamaUse Ihe IRS L IabE l. H 1101'- -I;.t -.' I l" l lJmbe r l J ll d ~trRI;l[l, 1 I Y t J u h av e i:I P .o . b -O lt SE E po: : : .ge19 . Apt, no,

QIh:fI., .... " S ! ! : , E I ~ " " : : .pl9f.!S:a prln t ~ Ci lY . unvn or pO:J~ orf iCB' , stat~. end ZIP coda. I r y ou heve a f o re ] !) " addr ess , se a p .a ge 1 9.m typ". \ Chicago, I L a06'1tiPr!olsidenli111 "-Election C am paig n ~(:;~" p al e 19 .1 ~i'

Labelh~;;ueuons';1- ~~~C' 1: J . i

Fij i ng StatusC; - l l ; : , : . : llO J , [ . 1 ':.p~ 'bJ;~_

S P O u . . S 6 1 _ 1 ; , seclal socurtty numberBarack H.

L i l : : ; l l 1 - " r r r eObarna

1 A Important! AYou must enteryour SSN!s) above,You Spouse

I2JYes D N o [ZJYes D~joNote. Che~I,lng "Vas" wil l nat ch.nge your tax Of reduce your refund.Do vcu. or your speuse If filing a joint return. want no go to Ihis lund?Sing!?Married fil ing join! return leven if o~ly on" had income)

5

M J J rr ie d H l in y SH;JtHi lLe r eu sn , E nt ~r 5rOu~ (f _: j S :O~I i; ;; : i p . t : : u r i l y no. atm vs and lull nam e h e r e . I> -HeaW ( w i ! > " ' lual ilying per~on).ISee pnge 19.) I f the quali fy ing person Isa child bu t not your dependent,enter thi3 chi ld's name here. r- _Ouall!VInq wldowler) will' de Jend~nl chi ld I 'lear 5 ousa died I> ). (See pa~e 19.)

EJ(emptions N G. 0 1 b n . ..c h" "k D d o n6, ond [;b

:f more men srx!'JCJ.H}(iG~ri'l.s,;:'f~ f.h~~[! 10.

5a 1 2 1 Y ou rs ult, I I y ou r p ar en t (o r so m eo ne else) can claim you as a dependen t On hi s or har tax}return. do 110t check box 6a . . . . . . . . . . . _

b ~ Spouse. . . . , . " ,..... ..c Dependents: I,) Oep"~d"nl''' (a) i1,~,ruI"nl ' 1 4 ) _ " n qu ' i1i io!lrel.llonshlp to ,h llll.,


2/11

SCHEDULES A&B(form 1D40) (Schedule S is on back)

OMB No. 15'150074Schedule !:lj~.~U:emizeIdeductionsI> Attach \0 Form

n~mei!iJ :;~o""m'jn form 1JtlOBarac!\ H... . r,licilelle L. ObamalViedicRIalldDentai ZExpenses 3

1Taxes YouPaid,S~eIJ'sye f\'2,)

InterestYou Paid[S~r,rl~~.:! P ~ - 1 1

NQ'~.r: ~r~(H":i:lrI!,i,t~ " ,: 5; ;( . ~. . , ~ ~;Jajuctibl~.

Gifts to 15CharityIf 'J~:. mi\"~ j. 1n(u iL a d n o t ah . - : n 1 " - l l t h~;1~- : . i o ~ ! ! ; rJ i1lJr_' .~[I

job E .~p~nse, 20a nti M o stouierMis [ e l lanaousDeriuctiuns21

I S , : < 2 .Il.ly~ r 1 - : - < ('-If".":.Xr.'!;;i.;2tj I-t,\~j~~_jut.1 I t~rr:.)

Olher 27MiSGC l laneousDaductlcns

5 State and ",,~~I i ncome taxes .B Real estats taxes (see page A2)7 Personal property taxes .8 Other taxes. List type and amount i> - ._ . . _9 Ad

10 Harne mo rtgag e i n t p . r e s l and [ Jo in t s IP ,po r ted 1 0 y ou o r. F or m 1 09 811 r lom e mo r tg a g e in te ,e ! i l no t r e po r te d to y o u O~ Farm lOBe. I f p n id

to thi; pe rs on iro m w ho m yo u b ou ght tile ho rn e, s ec pag e A Ja nd s ho w th at pe rs on 's n am e , Id en Uf~ lin g n o . a nd a dd re ss ~ ,..

12 PQI!1t~not reponed to " lou on Form 1098 :;


3/11

F o rm 1 0 ~ O 0001

I> bI > - II

Gi l

TaJ( andCreditsb

Standard 36DeducL i onfor M O : : itPeopleSingle: 37S'l,~(lO 38Head t ilhousehold:~6,450 39Marned fIling 40j oi ntly o r 41QualifinglIiidow(er): 42$1,15QMarried 43r i l ing ' 1 , 1".palillely: 45S3.675

4647~8495051

Other 52Taxes 53545S5657 ,

PaymE!nts 58L 59

II '/ow n O " " a 6O..1 j " n 1 < f y m g. c tdl d , t l u t )- : :h bSthod"l~ EIC,6182636465

34 Amount from line 33 (adjusted 9wSS income) .3[iB Check If: 0 Vou wera 65 or al tJer, 0 Blind: 0 Spouse was G5or older .

Add the number o r boxes chec.ked ebove "nd enter the tntal here ..If you are marr i ed filing s ep ar ate ly a nd your SPGUS~ Il~rni;:"s deductions, oryou Were a dual-status alien, SaE page 31 ano ~h"di hore . J > - 35bEn t e r your Itemized deductions {r on " S ch "L .lu lc A I,n ij 26, UI' standard deductlu n 3 h< >w non the le ft , But see page 31 to l ind ynur standard deduction I{ you che,:ol,,,d any box online 358 or 35b or if someone can ciOl in' you as a depende,, [Subtract I Ins 36 ( rom l lne 34Ii line 3~ Is ~96,100 or less, multiply $2,800 by the tOl/JI number oi exempucns cl~imsd onl ine Ed. I f line 34 is over .S96,700, see tile worksheet on page 32 for the amount to enter ..Taxable income. Subtraclline 38 from line 37. Ii llne 38 is more Ihan line 37, enter 0Tax 15eepage32). Chaok if an)' laY. is f rom a 0 "ormI5] 88'1 'I b 0 Form ,1972Alternutive minimum tax, Attach Form 5251Add lines 40 and 4 ' 1 Foreign tax credit. Attach Form 1115 If r~qulredCredit fo r child and dependent care sxpenses. AI"f'r.h Form 2,1


4/11

SCHEDULE C-EZ(Form 1040) !Net Profit f'mm Buslness(Sole Proprie,torship)J> - Partnershlps, Joint ventures, etc., must llIe Form 1065 Dr 1065B. A U : 2 1 r : : .h m a . n tJ> - Allach to Form 1040 or Focm 10ill. I>- See instructions on b_a_.c_k~,-::--- :- - :-_,-:-_s_ ......u ; _ " . : ' " . : . o e o . . . ; _ H o , - . - - : O _ 9 ; _ A . . ; . _ _

Soclol security number (!'.~rl)D i o :[ lE l l1 m e r i i r o r I n , 1 ; ! r r e O _ " L I . I ) Ilnmmal :R~Yol!l1!.l1!:. 'e.rY~1: f . 9 g ,N a me o f pf(J,J,lri ,=torBarack H. Obarna

General InformationJ;~You May USBSchedule CEZInstead ofSchedule COnly If You:

o Use the cash method or account lnq.o Die l not hava an Inventory HI anyt ime during the year.u O ld not hmfa 11 net toss lrorn yourbusiness.o Had on Iy 0ne business as a sol eproprietor.

o Had business expenses of >2,500 orl ess ,

A Prindpal business or profession, Including product or serviceFoundation director/Educational speakerC 6uslnils5


5/11

Ai;tacllmonL Sequence ~jo, 17 Psge 2\1~n1~of p~I"5GP ' !l ith self -employment income (as shown on Form 1(40)B arack H . Obama Social security number of personwlth self.employment income !>Sl'!ction B-Long Schedule SE!L~iffilil Self-Ernployrnent Taxr~ote, IF your only inr.orne subject to self-emplGyment tax is church employee income, sk ip lines 1 thrQugh 4b. Enter -0- on line


6/11

SCHEDULE D(Form 1040)

No. 1545007.;Capi ta [ lG@i lJ 1Jsi lIl il dLossesI> Attach 10Form 1040.

I> - Use S~hedule0-1 for~ See Instructions [or SchedUleD (Form 1040).

to l ist transactlans fur l ines 1 am:!B.

2 Enter your short-term totals. if any, fromSchedule D1, line 2 . !----'2=-....j1------I---1fff,

3 Total short-term sales price amounts,Add column (d) of l ines 1 and 2 , L.:3"---' -'-_-=< 1 Short term gain from Form 6252 and short-term gain or ( loss) fram Forms 4684,07B1, and BB2q5 N~t short- term gain or ( loss) from parrnershlps. S corporat ions, estates. and trustsfrom Schedule(s)Kl . . . .6 Short-terrn capital 1055 carryover, Enter tile amount, l f any. from line 8 of your1999 Capital Loss Carryover Worksheet _

0 3/1 S /[J O

9 Enter your long-term totals, if any, fromSchedule D- '1 , line 9 ,

10 Total long-term sales price amounts.Add column (d) o r lines 8 and 9 .

11 Gain from Form "797. Parr I; long-term gain from Forms 2439 and 6252:lonq-terrn gain or (1055)from Forms 468'1, 67B1, and B024 .12 Net long-term gain or ( loss) from partnerships, S corporauons estates. and trusrs

from SchedlJle(s) 1(' .'13 Capi131 gain dtstrtbutions. See page D'14 Long- term capital loss carryover. Enter in born column, (n and (g) the amount, ifany, from line 13 of your 1999 Capital Loss Carryover Worl,shear .15 Combine column (9) of lines 8 throuqh 14.16 Net long-term capitol gain or (lnss). Combine column m of lines 8 lhrough 14 !> -

Next; Go to Part III on the back.'" 2fJ% rate gain or Joss includes all "col leclibles g'ains and IOSS8S" (as defined on page 0-5) and up to 50% o r the E!ligible 9,1111on qualif ied small business stock (see page D4)_For Paper1Norl( Rerluctlcn Act Notice. S6e Form 10~Olnstructlons. Sch"dlll .. D I F orrn 1040) l1lO0


7/11

I Iyou are f il ing Form 4952. enter the amount from Form t > r " " ' . e

Note. If til" amounts 'J" IlI1e~.~9and 30 me the same, skip l ines )~3 < 1 Entl lr (he amount (rom lil lc 29

2223

17 Conbine lirii;~ : and lEi. If a loss. go 10 111m18. If J g3i l1. enter the gain on Farm 1O~1O.ine 13~.Ie~t: CnmrA rc t i l For'~l 10~O thraugl l l ine 39. Then , go to Part IV to figure your tax If:

c BOUl 1'"(;5 16 and 17 are gains ando Form 1040. line 39. is more than zero.Other ....se, stop here.

1B If lir.e 17 is a 105" anter here and as a 11055) on Form 1040, line 13. the smal ler of these losses:o Th e loss o n line 17 oro (S3.000) or, if married filing separately. (:lil.500} . . . . N2xt: Skip PC! t IV below. Instead. complete Form 1O~a II1roLIgl1line 37. Then. complete theCapital Loss Carryover Worksheet on pagE:D1l if:

o The 1055 on line 17 exceeds the loss on line 1B nr

19 Enter vour taxable Income from Form 1.04.0, line 3920 EmBr the smaller or line 16 or line 17 of Schedule 021

242 5

28

3li:l9 Eiliel th e amount rrorn line 364.0 SUblnlCi line }9 from line 38 . ;""ql Mulriply line ,10 by 2.0% (.2.0) .Nots. I f line 26 is zero or blank, sklp l ines -12 through 5'1and go to l ine 52.42 E n te r m e smaller o f l in e 22 or line 25.43 Add lines 22 and 32,q 4 Enter the amount from l ine 19 .~Ob y 28% ! . : ! B ) ,~~ ':',;1.-1 iine5 .~J. 3i . WI. 47, antl 51.S 3 F i g u r e d ',e [a~ o n th e am ou nt o n l in e 1 9. U se the T ax T ab le o r T ax R at~ S ch edu le s. w hiche ve r appl ie sS4 T11;1n al l taxable income (including capital gains). Enter tile smaller of l ine 52 or l ine 53 here

8J1d on Fo rm 1 . I

367

2 943,850

59,793

]o s Errter ~h'2amoun t from line JO36:;1

Sch adu le D (Forrn 10'10) 2000


8/11

SCHEDULE H(Form 1(40) lHo ! . ll se ih lo [d En ipuoymeG i li l: ' faxes{For Sodal Sscurlty. M~dico'e. Wilhheld Income. and Federal Unemployment {FUTA) T~x


9/11

\ ; ~ " , . p :: : ' :~ ~f.Ii~f:0 . ; ' 1 iQ II(~.~, " 1 . 1 0'[~r! '~U:1I Federal Unemployment (FUIA) TaJ(1(; O ld you p~y uneroployrneru conrnbuticns to only one state?-11 Did yo u pa y all s tare unemployment conrrl butlcn 5 for 2000 by April 16, 2001? Fiscal year me r s , see page ~12 Were ;)11W~g2~ that are til~able for FUTA tar. also taxable Foryour state's unemp loyment tex?]\leJ(t: If you checked the "Yes" box on all t he lines above, complete Sect ion A..

I. .IOU r.heci(ed the "No" box on any of tl1e lines above. skip Section A and complete Section B.

Yes I 1 \ 1 010 v11 r/72 v'

Section A1~14

I . ln r n eo f t he stale w he re y ou paid un emp l oymen t contributions I> Illin oiSS,ate repC'rting number 1);' shown o n s ta te unemployment tax return? .

17

' "6 Cnfliflbution5 p~id to your "tate unemployment fund (see pag~ 4)I c! ~1 [ i! :: n w ~ gc ~ ;,\It(iBt:1 10 FU TA ta x (see j )ilg e 4 ) 1 1 5 _ I 2791 16 7,0001 7 FUTA 111)


10/11

I>- See separate lnstructtcns.

d Ins\a I Im~nl sal es .I! Inta n gib Ie drilling co s ts .

L ar ge p a rt ne rs hip s ..9 Long.[erm contracts.

I, PoIILlll" n conlrol (~cili!i'"I RC. .i :c a lt : t1 i.;IIU ~1:~~rlrf1~IIH~1Tn S"o\.!G~ 1202 exc lu s ion . .n Tax sheher tarm Bclivili;,s

R e laled 5rJ j L !Sun sn tS1 . '

A[,!j:;Jr;:hm~n""" N~. 32nepanmem q! lh~ Tr~~$"'1' ) 'I n '~ 1 n a IR[ : !vU f 1U~ S Ie fW~1 i! I> - Atta.ch to Form 1040 or Form 10ijONR.

Nnrn"('1 .~OW" O~ Form 10;0B"rack H, 8: Miche))e L Obama

If yo u itemiZ!'ld deductions on 5chedu!a A (Form 1040), g(J LO l l n~ 2. OU16Jwlse . "mer .your standarddeduction from Porrn 1040, .line 36. here an rl go to line 5 .

2 rliledical and dental. o;nter tile sm alle r o f Schedul .. A (Form 1O~Oi. lin~ .1 or 2' ' '% 01 Fo rm lO~O. l inE 343 T1l:1ES.Enter the amount from Schedu lE< A (Form 10'10), line 9 .4 Certa In In terest on a hom e morlgag e n at u s ed to 1)\1y bu l l d, or lm p r01' e yu Ur hom G .5 IVl i .5cel l i . lneolJs itemized derfuctiorts. E nte r the amount f rom SchEdUle A (Form 1040). line 266 Refund o f r ax es . Enter any tax refund from Form 1040, line 10 or l ine 217 lnvestrnenc Interest. Enter di f fe rence between r E! income ..11 Passive ~ctivities. Enter diffarence between AMT and ragular t~;< Incorr.e or 10S$ .12 B9ne~ciarles of estates and trusts. Enter t ile amou n t f rom S~h,,( lule I~"1 IForm 10 1--'--"-----l---~===4~-202 1

Married filing separatety . ; ',O IJo . .. 22.500.If line 21 is over tile amount shown above ror your filin!] :;,,,tu s. nee pcg ~ 7 of the lnstrucuons.

23 Sub t ract line 22 from l ine 21 . II zero or less. enter -0- !l,;ra .ilncJon 111I~s25 an" 2~ and 5tclp here24 If yo u rspor ted capi ta l gain d tsmbudons drr2d!y on FJ)fm 10'10. I rn~ 13. or 'lOll completed S(;h~dule C o(Form 1040) and have. on amo u n t on !ins :


11/11

P.go 2I l Y J ] I D J ] 1 J Line 24 Computation Using !\fia){imum Capital Gains Rates

209,526Cautinn: Ii 'n" did 110t complete Pari IV' o r Schedule D (form 1040). see page 8 ottbe instructions beforeyou c,:;m,j/eIO .his pen.

29 E,.,t~r the amount nnrn Form ~25'. line 23 .JU E,", ,~r the amount [rom Schedule D (Fnll'fl 1010) , linE! 27 tas rei lgu l! !. j tor the:1M r . If necessaryj. See page 8 of the instructions.31 E;;,,,r the amount from 3r.hertulll D (Form 1040). l ine ~~5(El; ,,,figured for th"

AivlT. if necessary). See pilgE 8 of rh f! instructions.32 Add hnes 3D and 31 .33 Enter tile amount from Schedule 0 (Fnrrn 1(HO). line 22 (as reflgurE!d For t he

"'MT. iFnacassaryl, See page B of t ile instructions3~ ~fltr the smaller nf lin" 32 Dr line 33

'i,B36

'1,836o

35 Sull~;3r:r line 34 from line 28. If zero or less, enter -0- r~:15 If I",,, , 35 L, $175.0DO or 1~$5 ($B7.S00 < ' ' ' less Ii married F i J 1 I ' ~ " "pa;or ?ly) . mUl tiply l ine 35 by 26% 1.26).

t 111l";WI;e. rnurtllJIY hn~ 3:; by 2B':,~ (.2[j) :llld :;llbl1~':~ $:i.:iOO (~1 ,750 if rnurr iao f il ing separa te ly) f rom [heICjult .

:;7 fnt~r tll amounll'rorn Scl1edule D (Form 1040), linE 36 (;]s figured for the,egulal tax), Se!: page 6 oi the mstrucnons .

38 'Emer the smallest of line 29, nne 30, or line 37

39 Multiply line 3~ by 10% 1:10)4 U [rowr the smaller O f line 29 or line 30

Note: If lin;, 3'1 Is lam or blank, ssip lines 44 through 4, lind .\It' to lone 4 i .,I.) Enter tile HfTlULmt from line 29

45 ".dd 1111'0" 35, 38, nnd 42 .

'16 ' iuh\rnt:; hr." ' 15 From 1I1144:17 r\rlul~iply tine 46 by 25% (.25)

37

o

'1,836

o

1,836

o

55,020

65,167

50 65,02.11Fa rm 5251 I ; ' U O O I

48 Add lin,,:, 36 39. :13, /J;;c! ~7~!) !I l lne 2!J :.-,.:175,.)00 fel 1=;,5 (~g7.500 or ie~s i~rnernco i ihn,:) 5ep~r(l t~I) ') . multlpl :1 fine 29 by 26% (.26),

U!h"J\vl: \~. "".,lllply I lIw 29 by 2B% i-2Sl and subtract . $3.500 (~1 ,750 if married f il ing separa te ly) f rom the1! l3Ull .

;,0 iOnlcr, smaller oi lm e ~s01 llna qg here ami online 2~

1,83(;207,690

54,853

o

367

president obama's 2000 tax return

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