President Obama's 2008 Tax Return

8/2/2019 President Obama's 2008 Tax Return

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21040 U.S. Individual Income Tax Return 20081 ( ,mJLabel t, Yom l ft st 1 1a l' l) il n n d i n i t t a l las t 1 13 me(~ei t lSlr~ct ions A BARACK H . OBAMAQ l l l l a u e 1 4 . ) ~ 1 - - : 1 ~ ! a - J ( ) J ~ ' , ;- ' n ~ t r - e f iJ : - - - m - , - s P - o - u - $ c - : : " S - I ; :i !- $ t ; - n - a - m - e - a - n i " 7 J 7 " i l l " ' i t " " i a 7 " 1---+T:::l;as:.-!-::n~iH:::ne:----------------t-~I'-.o-w-,~-.-:=-.-;a-~s~o 3lle--'.-----------------"""4b Taxi tb l e amoun t ( s ee ll ~! J! ! 2 6 )

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Farm 2210 Underpayment ofEstimated Tax by Individuals, Estates, and Trusts. . S e e s e p a r a te I n s tr u c ti o n s .

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N a rn e ( s ) s h iM ! o n la x r e t u r n I d e n t i f y in g n u m b e rBARACK H. & MICHELLE L. OBAMA

Do You Have To File Form 2210?~ C o m ~ p I e ~ ' : e ~ I In e 8 ~ ~ 1 ~ t t u o u ~ ~ g h ~ 7 ~ b e I o w ~ ~ . ~ I S : .: II ~ n e : : 7 ~ 1 e s a ~ ~ t h ~ a n ~ $ 1 ~ , 0 0 0 ? ~ ~ . J _ y , _ e s _ - - r " 1Do not file Fo rm 2 210 . Y ou d o n o t ow e a p e n a l t y .

lN O~e R nes 8 and 9 below. Isl i n e 6 equa l to o r mo re Y ea . . . Y ou do n o t ow e a penalty. Do no t file F orm 2 210 (but If b ox9 7 E I n P art II applies, yo u m ust f i l e p age 1 01 Form 2 2 1 0 ) .tN O I V _I Y ou m al' ow e a p ena lty. DoN a ny b ox In Par t II b elo w a pp ly ? . . Yo u m us t f i l e F onn 2 2 1 0 . DoN b ox a , C, o r D I n P a rt II a p pl y?I

~I v e s Io . . I Y ou m us t figu re yo ur p e n a l t y .

Do no t file F o rm 2 2 1 0 . Y ou a re no t r e q u i r e d to f igure y o u r Y ou are n o t r e q u ir e d to ll gu re y ou r penalty because the IR S w i l lp e na lt y b e ca u se the IR S w ID f i g u r e It and send y o u a b n l f o r an y f i g u r e It and send you a b iB lo r an y u n p a i d amo u n t . If yo u w a nt t ou n p a i d amou n t . I f yo u wan t t o f ig u re It, y o u m ay u se P art III o r f igure It,you m ay u se Pa r t III o r P art IV as a worksheet and ente rP art IV 811 a worksheet a n d en te r y o u r p ena lty am ou nt o n y o u r tax y o u r penalty am o un t o n you r tax r e t u rn , but fi le o n l y page 1ofr e t u rn , b u t do n ot file F orm 2 2 1 0 . F o rm 2 2 1 0 .. .~ ReqUired Annual Payment1 E n t a l ' y o u r 2 0 0 8 ta x a l t e r c r e d i l s f r o m F o r m 1 0 4 0 , I l n a 5 6 ( s e e I n s t r u c t i o n s H n o t f i l i n g F o r m 1 04 0 ) . . . . . . . . . . . I-:.......f---~~ : - = - - ; . .2 O l h e r la X e s , i n c l u d i n g s e l f -e m p l o y m e n t l a X ( s e e p a g e 2 o f t h e I n s tr u c ti o n s ) I-:-;o;:~----___:.---3 R e lu n d a b le c r e d it s . E n te r t h e t o t a l o f y o u r e a rn e d I n c o m e c r e d it , a d d it i o n a l c h U d la X c r e d i t , c r e d it f o r f e d e r a l ta x p a id o n

fue l s , health c o v e r a g e lax c r e d i t, r e f u n d a b le credi t fo r p r i o r y e a r m i n im u m tax, f l r s l- t lm e h o m e b u y e r c re d it , a n d recoveryr e b a l l e c r e d l t . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. . ~3;....tli...------;..-F_-onII[""I"".L

4 C U m l n t yea r tax. C o m b i n e l i n e s 1 ,2 . a n d 3.11 l e s s t h a n $1 , 0 0 0 , y o u d o n o t o w e a p e n a l t y ; d o n o t O l e f o rm 2 2 1 0 . . . . . . . . . . . . ~ 4 : .- : d- _ _ . ... .; ;. .. .; ;; .. ;; .. .. :.. .. '- - _5 M u ~ " l y l l n e 4 by9D% (.90) 5 769 791. ~~8 W I t h h o l d i n g taxes. 0 0 n o t I n c lu d e est imated la X p a y m e n t s . ( s e e p a g e 2 o f t h a i n s t r u c t io n s ) . .. .. .. .. .. . .. .. . .. .. .. .. .. .. .. .. .. .. .. .. . . .. . , .. : : 8 ~ _ _ -....T-;;~~-r-7 S u b t ra c t f in a 6 f r o m n n e 4 . II l e s s than $1 .000 , y o u d o n o t o w e a p e n a lt y ; d o n o t f i l e F o r m 2 2 10 . . 1----'7-+---.--.= ....-'--'i"'T..--8 M a x im u m r e q u ir e d a n n u a l p a y m e n t b a s e d o n p ri o r y e a r ' s la x ( s e e p a g e 2 0 1 th e l n s t r u c t i o n s ) . . . . . . . . . . . . . . . . . . . . . . . . . . 1 - -- -' 8~ _ _;;;. . . :. . . . :;,. ,. .~:;. .r. :r_;. .9 R a q l~ i r e d a n n u a l p.,. . . .1Il E n t e r th e a m a l l e r o f l i n e 5 o r l i n e 8 L....;9 ;.-L ._ __;_"':"":"":"";"';__

NU1~Is I I n a 9 m o r e lh a n O n e6 7o o . Y o u d o n o t o w a a p e n a l t y . 00 n o t O l e F o r m 2 2 1 0 u n l e s s b o x E b e lo w a p p U e s .[X] Va. Y o u m a y o w e a p e n a l t y , b u t d o n o t I l i a F o r m 2 2 1 0 u n l e s s o n e or m o r e b o x e s I n PartII b e lo w a p p li e s . " b o x a , C , o r D a p p li e s . y o u m u s t f t g u r e y o u r p e n a l t y a n d i l i a F o r m 2 2 1 0 . H o n l y b o x A o r E ( o r b o t h ) a p p o e s , m a o n ly p a g e 1 0 1 F o r m 2 2 1 0 . Y o u a re n o t r e q u i r e d t o O g u r e y o u r p e n a lt y ; t h e IR Sw D l n g u r e I t and s e n d y o u a b i l l f o r I n y u n p a i d amo u n t II y o u w a n t to f i g u r e y o u r p e n a lt y , y o u m a y u s e P a rt I II o r I V a s aw o l1 < s h e e t a n d e n te r y o u r p e n a lt y o n y o u r ta x r e t u r n , b u l 01 . o n l y p a g e 1 o f F o r m 2 2 1 0 .Y o u r e q u e s t a w a lv a r ( s e e p a g e 2 0 1 t h e I n s t r u c t i o n s ) o f y o u r e n ti r e p e n a ll y . Y o u m u s t c h e c k t h is b o x a n d l l i e p a g e 1 0 1 F o r m 2 2 1 0 ,b u l y o u a r e not r e q u ir e d t o f i g u re y o u r p e n a ll y .

B D o u r e q u e s t a w a iv e r ( s e e p a g e 2 0 1 t h e I n s t r u c t i o n s ) o f p a r t 0 1 y o u r p e n a l l y . Y o u m u s t f i g u re y o u r p e n a lt y a n d waive r a m o u n t a n dIiIe F o r m 2210 .C [XJ Y o u r i l lG o m e v a ri e d d u r i n g th e y e a r a n d y o u r p e n a l t y I s r e d u c e d o r e llm i 1 a l e d w h e n f i g u r e d u s i n g t h e a n n u .l l l e d I n c o m e I n s t a llm e n t

m e t h o d . Y o u m u s t l i g u re th e p e n a lt y u s i n g S c h e d u l e A I a n d f i l e F o r m 2 2 1 0 .D0o u r p e n a l l y I s l ow e r w h e n f i g u r e d by t r e a t in g t h e f e d e r a l I n c o m e ta x w i t h h e ld f r o m y o u r I n c o m e a s p a i d o n t h e dates I I w a s a c t u a B y

withheld , I n s te a d o f I n e q u a l a m o u n t s o n t h e p a y m e n t d u e d a t e s . Y o u m u s l f i g u r e y o u r p e n a l t y a n d f i l e F o r m 2 2 1 0 .E0o u f i l e d o r a r e f i l i n g a I O l n t r e t u r n l o r e i t h e r 2007 o r 2 0 0 8 , b u l n o t fo r b o t h y e a r s , a n d H n e 8 a b o v e Is s m a l le r t h a n l i n e 5 a b o v e . Y o u

m u s t l 1 I e p a g e 1 o f F o rm 2210 , b u t y o u a re n o t r e q u I r e d t o f i g u re y o u r p e n a l t y ( u n le s s b o x B, C, o r D a p p D e s ) .L H A For Paperwork R e d u c t i o n Act No t i c e , see p age 6 o f s ep arate In stru ct io ns . F""" 2 2 1 0 (2008).,HOI0'116-09

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18 R e q u i r e d I n ll a llm e m .1 I b o x C in P art II a p p li e s , e n t e rI h e a ln D u n t s f r o m S c h e d u le A I, line 2 5 . Otherwise , e n t e r25 % ( . 2 5 ) 01 l i n e 9 , F o r m 2210. I n e a c h c o lu m n . . . . . . . . .

19 EItlmatI;oI lax paid IIIId lax wIIItIIaId. F e w co l umn (I)CtlI)I. also on l o rIl1o IIlIDm( flam _ 111CtI D na 23. line 111" eq.... to .. _ _ than1 In e " ~ . l1i-'purl_RIphaG; YQ U doIl0_a p e n a l " .D o n ot I Il e F o r m 2210 unl811 y o u c b e c k e d a bo x In PartComple te l i n e a 2 0 t h ro u g h 2 8 o f o . e c o l u m n b e fo reg o i n g t l l i i n e 2 0 o f t h e n e x t c o l u m n .

2 0 E n t e r t h e a m o u n t , If a n ~ , f r o m 8 n 8 2 6 I n t h e p re v i o u sc o l u m ~ 1 . .

21 A d d I fn l l S 19 a n d 2 0 . .2 2 A d d t h n a m o u n t s o n R n l l S 2 4 a n d 2 5 I n p re v i o u s c o l u m n2 3 S u b t r a l: t O n e 2 2 f r o m l in e 21.11 z e r o o r lesS , e n t e r -0- .

F o r c o l l ~ m n ( a ) o n ly , e n te r t h e a m o u n t f r o m l i l e 1 9 ......2 4 If D n e 2 3 I s z e r o , s u b tr a c t n ne 2 1 f r o m l i n e 2 2 .

O t h e rw i s e . e n t e r -0- .2 5 U n d ., . I . y m e n ll f l i n e 1 8 is e q u a l t o o r m o r e t h a n l i l e

2 3 . s u t l t r a c t l i n e 2 3 f r o m n n e 18 . T h e n g o t o l i n e 2 0 o fth e n e J e t c o l u m n . O t h e r w i s e , g o to n n e 2 6 ~ '"-t------t_------+-------2 8 ( )yerpa~ent If l i n e 2 3 1 8 m o r e t h a n l i n e 18 , s u b tr a c t l i n e18 f r o m l i n e 23. T h e n 1 0 li n e 2 0 01 t h e n e x t c o l u m n . . .

Section A - Figure Your Underpayment

Ap ril 18. 200 8 - J a n e 3 0. 2 00 8. . 2 7 N u m b f J l ' o f d a y s f r o m th e d a l e s h o w n a b o v e l i n eJ ~ : : : : ~ : e ~ " : : ;~~.~.~~. : .~~~~.~~... .III: 28 U llderpaym ent o n xl i n e 2 5 N u m b e r o f d a y so n l i n e 2 73 6 6

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J u l y 1 . 2008 - Septem ber 30, 2008~ 21 N L l m b e r 01 days f r o m t h e da l e shown a b o v e l in eI : = ~ : : : e r ~ 0 ~ ~ : 1 ~ : . ~ ~ . : . ~ ~ ~ ~.~ ~. . . .~"-t------t_------+------!0 Underpayment o n xl i n e 2 5

O c t o b e r I, 2008-Decem berSI. 200S~ 31 N L lm b e r o f d a y s f r o m th e d a l e s h own a b o v e D n ea 31 to th e date t h e a m o u n t o n line 2 5 w a s paid Drl 1~1 .41J08 , whichever Is earlier j---:=:..:..;.------f------+------liII: Numbe r o f day s3 2 Underpayment o n x o n l i n e 31l i n e 25 36 6

J a n u a r y 1 , 2 0 0 9 - A p ri l 15, 2 0 0 9. . . 3 3 N u m b e r o f d a y s f r o m t h e d a t e shown a b o v e O n e" 8 3 3 1 to t h e date t h e a m o u n t on l i n e 25 w a s paid o rl 4 1 1 5 1 0 9 , w h i c h e v e r Is e a r l i e r . .

3 4 U n d e rp a y m e n t on xl i n e 2 53 5 P e n a t t y . A d d a ll a m o u n t s o n O n e s 2 8 . 3 0 , 3 2 , a n d 3 4 I n a ll c o l u m n s . E n t e r th e to lal h e r e a n d o n Form 104 0 , l i n e 7 6 ;

F o r m 1 0 4 0 A , l i n e 4 8; F o r m l0 40 NR ,l f n e 7 4 ; F o r m 1 0 40 NR E Z. ll ne 2 6; Dr F o r m 1041, l i n e 2 6 .Do n o l n l a F o r m a bo x In Pari I I

F o r m 2 2 1 0 1 2 0 0 l J812491/01-4J6-0II

154 903 26 13 14 70 4 0C01F 92008.03 020 OBAMA, BARACK H. 40C01F_1


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Fann2210(2C108) BARACK H. & MICHELLE L. OBAMA(e )

1 /1 /0 8 - 8 1 3 11 0 8(d)

1 (1 10 8 - 1 2 1 3 1 1 0 8E s ta te s a n d t r u s ts , d o n o t u s e t h e p e ri o d e n d in g d a t e s s h own t o t h e ( a ) (b)r lg h l l n s te a d , u s e t h e lo l l o w l n g : 2 1 2 9 A 1 1 1 ,4I30I08, 7/31108, a n d 1 (1 1 0 8 - 3/31108 1 /1 /0 8 - 5 /3 11 0 81 1 1 3 O f 0 8 .~~~n;run.~~~--~~------~----~------~-----

E n t e r y u u r a d ju s te d g r o s s I n c o m a l o r e a c h p e r i o d ( se e ln S I rU c t l o n s ) .( E s ta ta s a n d t r u s ts , e n le r y o u r t a x a b le I n c o m e w i t h o u t y o u re x e m p 1 1 l o nlo r e a c h p e r i o d ) t--::+__:;:..;:;....+=_;_;i-~-=::--;.-;::..:;..~t--=::;..:;;.~...:...:::...:t-=-=-=-:-:..::...::....::...:..2 A n n u a il l a t i o n a m o u n t s . (Esta tes a n d t ru s t s , see I n S I r U C 1 i o n s ) I-::-t---.~;:;:--.,...,,;~+-~~I""T"l~~t-""'K"l~r7"'7;:;_t-':In'~--=~-

3 A n n u a l i z e d I n c o m e . M u lt i p ly l i n e 1 by l i n e 2 ~-+-___:;''';;;'';:;'':''';~~f--'';;;'';::''=';=-=-;:'''':;;'+_;;:;';;'''::''::''';::;'';:_~I--'';;'';:''::''';;'';;'''';;'';;;'':''4 " y o u i temize , e n 1 8 r i t e m i z e d d a d u c U o n s l o r t h e p e ri o d s h o w n In

each c c ll u m n . A l I o t h e rs e n te r - o - , a n d s k i p t o n n e 7 . E x c e p t i o n :E s ta t e s a n d t ru s ts , skip t o l i n e 9 a n d e n t e r a m o u n t f r o m l i n e 3 I-::-t---+-,--...:._+-__;_~:-:--;.:..;....;_,;,.t-...;;;..~-:..;;...;;..;;~-~~:...::..;;;;.;:_..:..

5 A n n u a l iz a t l o n a m o u n t s ~+ -I-_ ___;;;;"__ I- _ ___;;':___---I _ M u lt l p ~ f l i n e 4 b y l i n e 5 (see I n s t r u c t i o n s H l i n e 3 " m o r e t h a n

$79.975) t--+------'--+------'--'--+----'----'--'--t-...;....;.--'--'---'--7 I n e a c h i c o lu m n , e n te r 1h e f u l l a m o u n t 01 y o u r s ta n d a r d d e d u c t i o n

f r o m F tl rm 1 04 0, H ne 4 0 , or Form 104M, l i n e 2 4 (F orm 1 040 NR o rl040NIIHZ f il e rs , e n t e r -0- . E x c e p 1 I o n : I n d ia n s tu d e n t s a n db u s in e i lS a p p r e n ti c e s , s e e I n s tr u c ti o n s ) ~-+--=m~=-=~+_-..-7iii;"':":;""";o...;.!I-......;r.;;.':";'T-i~-...-iT.!~rr":,,

8 E n t e r t h e l a rg e r D l n n e 6 o r a n e 7 1-::-t---''''K''lr'llrlll~+-_'K'''III~II''"lI''ir-it--:r-:;II'''lII''"7;i.--t-ri-;:::-i~''''-9 S U b t r a l l : t n n e 8 f r o m line 3 t--+___;___;;...


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SCHEDULES A&B(Form 1040)

Paid(SeepageA2.)

InterestYou Paid(SeepageA-5.)Note.Pe r s ona lInterest Isnotdecluctlblcit.

toCharity" y o u m a d e lE igilt and go t a~ 8 n e fl t f o r I ~s ee p ag e A7 .Casualty IEindTheftL~_Job Expel,. ..a nd e e rt a, lnMiscellaneousDeduG t l ons

(SeepageMl1

Schedule A - Itemized Deductions(Schedule B is on page 2)Attach to Form 1040. See InstructIons for Schedules MB

Caution. D o n o t In clu d e e xp e ns e s r eim b u rs ed o r p aid b y o th e rs .1 Meclical and dental expenses (see pageML. __ .

5 State and l o ca l (check only one box):~ ~ : : : ' : : : ' t : e s } . ._ _ S.~.~S.'r~'r.~.N'r 1 r -+ - - - - - ' - - - - ' ~ : ; _ ; ; ; ; _~6 Rea l estate taxes (see page A-5) ~+-_.;;;.;;;;...:_;;;;..;;...;~7 Persona l p rope r t y t a x e s b:-:+-------i8 Other taxes. Ust type and am o u n t~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -9 AddIInasS10 Home mortgage Interest and points reported to y o u on F on n 1098 ~+-----'~~=~11 Home mortgage Interest no t reported to you on Form 1098. IfDBIdto the personfrom whom you bought the home. see page A-6 and show that person's name,

Identifying noand address~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

54 3 23 .18 Giftsby cash or check .17 Other than by cash or check. I fany gi ft of $250 or more, see page A- 8 .

You m us t attadl Form 8283 H over $ 500 ~+-------t18 Carryover f rom prior year ......_,__ .....-~

A d dH n a s 172 050.

UnrelmbulS8d employee expenses. job travel, union dues, job education, etc.Attach Fonn2106 or 2106-EZ If required. (See page M.)~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -22 Tax preparation fees .23 Other expenses Investment, safe deposH box, etc. L. ls I type and amount~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Other 28 Other f rom l is t on page A-10. U s t type and BmOlI ' I t~~!~~~.------------------------------ItemizedDeductions

29 Is Form 1040,1ne 38, over $159,950 (over $79,975 If ma r r i e d flUngseparately)?oNo. yf( deduction Is not 6m1ted.Add the amounts Inthe far right column }lor l Ines 4 through 28. Also, enter this amount on Fonn 1040, fine 40. STMT 900 Yes. Your deduction may be l imi ted. See page A10 for the amountto enter. .. .

1 0 I t e m l z B I I V 8 I 1 t h a n s t a n d a r d c h e t k h e r eLHA B19S~1 1110-0II

30

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OMS No. 154$-0014et--......lf""" 1040 ) 2Q08y..... 1ICIdaI aoc : u r I I y num OIlum(O- o n F a rm 1 04 0. D o not cmcr I l 1 II I IOancIlOCIaIl IOCUri Iy num b e t. _ on page 1.

BA RA C:K H . & : MICHELLE L. OBAMAAIIadI_Seq_N...08chedule B Interest and Ordinary Dividends

untart IInterest 1 list nam e o f paye r . If any In te re st Is fro m a seIIerflnanced mor tgage and th e buyer u s e d th eproperty a s a p e ns on al re sid en ce , He page B 1 and l i s t t h is I nt e re s t first. Al s o , show thatb u y er 's s o ci al s e cu r it y n um b e r and address ~ _JP MORGANNORTHERN TRUST BANKNORTHERN TROST SECURITIES US GOVT INTERESTNORTHERN TRUST SECURITIESote. If yCIUrece i ved a F o rm1099 - INT ,Fonn 109I: l-( ) lO,o r s ubs t Ih I lt es t a t emen t f roma b r o I < e r a ! i l 8 linn,l i s t t h e f ir m 'snameasU , epayer and en te rthe to1 l l l1 l1 l terestsh ow n on th atf o r m .SUBTOTAL FOR LINE 1 SEE STATEMENT 10AX-EXEMPT INTEREST

2 A dd the am ou n ts o n Dne 1 1 --"'2 ~ __ .. . ; ; . . ; ; . . :. . ; ; . . ; ;_ ""- '-3 Exc ludab le In te re st o n s erie s EE and I U.S. s av in gs b on ds Issu ed a fte r 1 989 .

Attach Form 8815 ~34 __ .--:1r"r~4 Subtract O n e 3 from U n e 2 . E n te r the result here and o n F orm 1 04 0, lin e Sa ~ 4Note. If l in e 4 Is o ve r $ 1 , 500 , you must comp le te P a r t III.Part IIOrdinal;.,Dividends

5 list name o f payer ~NORTHERN TRUS=T~S=E~CUR~~IT:I~E~S~---------------------- ,558.

Note: If y


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SCHEDIJLEC(Form 1040)~d""T..-.yrm.naIRewnue SoMce (III)

Profit or Loss From Business( S o le P r op r te t ol 1 hl p )~ P a r t n e r s h i p ., j o in t v e n t u re s , e tc ., g e n e r a ll y m U lt 1 II e F o r m 1 08 5 o r 1 08 6 - 8 .~ M a o h to F o r m 104 0 , 1 0 4 0 N R , o r 1 0 4 1 . ~ S e e I n " r u c d o n a f o r S c h e d u l e 0 ( F o rm 1 0 4 0 ) . . 2 . 0 0 8=:"M..09OMS N o . 1 50 45 oC 10 74

BARACK H. OBAKAN am o or _ _

A P r i n c ip a l b u S i n e s s o r p ro fe s S lo n ,l n c lu d in g p ro d u c t o r s 8 lV lc e ( s e e p a g e C-3)AUTHOR B Eat l rC04 t I r ' o I I 1 PlIIIM.I & l' I~ 711510C B u s i n e s s n a m e . I f n o separate b u s i n e s s n a m e , l e a v e b l a n k .BARACK H. OBAKAE B u s i n e s s a d d r e s s ( I n c U 1 l n g s u i t e o r r o o m n o . ) ~ _

C I t y , I o w n o r p o s 1 o f f i c e , s t a t e , a n d Z IP c o d eA c c o u n t i n g m e t h o d : (1 ) L 1 J c a s h (2 )0c c r u a l (3 )0t h e r ( s pe cify ) ~ _D id y o u " m a t e r i a l l y p a r t i c ip a te ' i n th e o p e r a t i o n 01 t h is b u s i n e s s d u r i n g 2008? If 'No, ' s e e p a g e G -4 f o r l im i t o n losses 00V e l 0 N o~G r o s s r e c e i p ts o r s a l e s . C a u ti o n . S e e p a g e c-4 an d c h e c k t h e b o x It.11I1s i n c o m e w a s repor ted t o y o u o n F o r m W 2 e n d t h e 'Statutory e m p lo y e e " b o xo n t h a t form w a s checked , o r Y O IU a r e a m e m b e r o f a q u a l i f ie d j o i n t v e n tu r e r e p o rt in g on ly r e n te l r e e l e s t a t eI n c o ln e n o t s u b j e c t to s e lf -e m p l o y m e n t t a x . A ls o s ee p e g e G -4 f o r l im i t o n l o s s e s .R e t u r n s e n d a l l o w a n c e s .S u b t r a c t D na 2 f r o m f i n a 1 .Cost o f g o o d s sold ( f ro m I ln a 42 o n p a g e 2) ..Groll prol lL S u b l ra C t l in e 4 f rom Ina 3 ..O t h e r I n c o m e , ln d u d ln g f e d e r a l a n d s ta te G a s o H n a o r l u e l tax c r e d it o r r e f u n d ( s ee p a g e G - 4 ) ~.~.Ji:.J ? ';J ; '.~ 1 ~ ~ .~ .~

2346

A d v e r t l s l n g ~ ~ --1c a r a n d truck e x p e n s e s( s e e l p a g e C-5) t---:~--::-.....-:~=-::-f

1 0 C om lm ls s i o n s a n d f e B S . . ......."-t-....;;;~-'--';..;.;...---'-I1 1 Conllrac t l a b o r

( s e e p a g e C - S ) 1---=--=4------412 D 8 p ~ I U o n t---:-~-------1t 3 D e p ~ a c ia tl o n a n d s e c ti o n 179

exp81 lS8 deduc t ion ( n o t I n c lu d e d I nP a r t III) ( s e e p a g e c-5l..................... t---:-"-t------;14 E m p l l o y e e b e n e f i t p r o g ra m s ( o t h e rt h a n o n l i n e 19 ) ..

16 I n s u ra n c e ( o t h e r t h a n health ) ..11 1 I n t e ~ e s t

M o r 1 g a g e (paid to banks, etc.) ~~ --1b O lher ~~ -I

17 L e g a l a n d p r o fe s s io n a l17

O f f i c e expense .P e n s i o n an d p r o f i t - s h a r i n g p lans .R e n t o r le a s e (see p a g e c-6):

V e h i c l e s , m a c h i n e r y , a n d e q u ip m e n t . .b O t h e r b u s i n e s s p r o p e r t y . .

2 1 R e p a i r s a n d m a i n t e n a n c e .2 2 S u p p l i e s ( n o t I n c l u d e d I n P a r t I I I ) . .23 Taxas and Ilc;enses .24 T r a v e ~ m e a l s , a n d e n te r t a i n m e n t T r a v e l .

b D e d u c t ib le m e a l s a n de n t e r t a i n m e n t (see p a g e Co7) ..

211 Utilities ..21 1 W a g e s ( less e m p l o y m e n t credits) .27 O lh er e x pe n s e s ( fr o m line 48 o n

p a g e 2) .

2 8 T o t e l l e x p e l l l o s b e f o r e e x p e n s e s f o r b u s i n e s s u s e o f h o m e . A d d l i n e s 8 t h r o u g h 2 7 . .2 9 T e n t l t i v e p r o f i t o r (loss). S u b t r a c t I I n l l 2 8 f r o m D n l l 7 . .30 E x p e n s e s lo r b u s i n e s s u s e 01 y o u r h o m e . A ta c h F o r m 8829 .3 1 N e t p r o f i t o r ( 1 0 1 1 ) . S u b t r a c t O n e 3 0 from l in e 2 9

If a p r o f i t . e n t e r on bo th F o r m 1 0 4 0, l i n e 12 , a n d S c h e d u le BE . l i n e 2. or o n F o r m 1000NR , l i n e t 8 (I f y o u checked t h eb o x o n n n . ' , s e e p a g e Co7). E s l a t e s an d trusts, e n te r o n F a rm 1 0 4 1 , I I n e 3. " a l o s s , y o u m u lt g o to l i n e 32.

32 If y o u h a v e a l o s s , c h e c k t h e b o x t h e t d e s c r i b e s y o u r I m I a s tm e n t i n t h is activity ( see p a g e C -S ) " y o u check ed 32a, e n t e r th e l o s s o n b o th F o r m 1 04 0 , l i n e 1 2 , a n d S e l l . d u l e BE , l i n e 2 , o r o n F o r m l 040NR ,11.1 1 3 (I I y o u c h e c k e d t h e b o x o n f i n e I, s e e t h e Ine 3 1 in str ucti on s o n p a g e C-7) . E s ta t e s a n d trusts, e n t e ro n F o rm 1 04 1 , I I n a 3 If y o u checked 32b, y o u mUl t a l l a ch F a r m 11198. Y o u r l o s s m a y b e l imited.

DI'~82a .... IiIII.82bD=~1L H A F o r P a p e r w o r k R e d u c t i o n A c t N o t i c e , l e e p a g e e .g o f t t l e i D l t r u c t l O D 8 .1120001 11-20-


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Capital Gains and Losses... Attach to Form 1040 or Form 1040NR. ... See IM t r UG t l o n l for S


10/43

16 ecm bln e lin e s 7 and 1 5 an d e nte r the resultIf l ine 16 Is : Again, e nte r th e amoun t fro m Dn e 16 on Fonn 1040, l ine 13, o r F orm 1 04 0N R , One 14. Then

go to U ne 17 b e l ow . A loA, skip lin es 1 7 through 20 be l ow . T hen go to lin e 2 1. A l so b e sure to co mp le te U ne 2 2 . Z e ro , s kip In e s 17through 21 be low and en te r.Q . o n F orm 104 0, O n013 , o r F orm 104 0N R ,

l ine 14. Then go 10U n e 2 2 .1 7 A se lin e s 15 and 16 both ga ins?CJ Yes . Go to line 18.C X J N o. SkIp lin e s 1 8 th ro u gh 21 , and go to lin e 22 .18 Enter the amount, if any , f rom Dne7 o f the 28% Re t e Gain Wor k . h ee t on page 1>8 o f the

In s tru c tio n s ~19 Ente r the amount, If any, f rom "ne 18 o f the Unrecaptured SectIon 1250 Gain Worksheet on

page ().9 of the instructions ~2 .0 A re Ones 18 and 19 bo t h zero or b lank?[] Yea. Comp l e t e Fonn 1040 t h r ough Une43, o r F orm 1040NR t h r ough Dne40. Then complete the

Quallfled Dividends and Capital Gain Ta x Wor k s hee t on p age 38 o f the In stJ uc tlo ns fo r F on n1 04 0 (o r in the In stru ctio n s fo r Fonn 1 04 0N R ). Do no t com ple te fin e s 21 an d 22 b e l ow .C]No. Co mp le te F orm 1 04 0 through Ina 43, o r F o r m 1000NR through line 40. Then ~te theSch ed ule D Tax W orksh ee t on page 1 ) . 10 of the In stru ctio ns . Do n ot co mp le te lin es 2 1 and22 below.

21 If Iline 1 61 s a lo ss , e nte r here an d on Form 1 04 0,1 10 8 1 3, o r Form 1 04 0N R , U ne 1 4, the s malle r o f: The lo s s on U ne 1 6 o r ($3.000), o r If married f il in g s e pa r a le l y, ($1.500)

} .NI~te. W h en figu rin g w hic h amount 1$ 5maI Ie r . t rea t b oth am ou nts as p os itiv e n um be rs .

22 D) you have quaified dividends on F orm 104 0. lin e 9 b. o r F orm 104 0N R ,lin e 10b ?C]Y es . Co mp le te F orm 1040 th ro ugh an e 43, o r Form 1 0 4 0NR through l ine 40. T he n c om p le teth e Qualified Div id en ds an d Capital GaIn Tax Wor k s hee t o n p age 3 8 o f th e In stru ctio nsfo r Fon n 1 04 0 (o r Inthe Instructions fo r Form 1040NR).[X]No. Comp le te th e rest o f Fo rm 104 0 or F orm 1 04 0N R .

820512 11_08

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Pa go2N am e 01 p e rs on w it h s el f em p lo ym e n t I n c ome (as sh ow n on Fo rm 1040) SocIal secur i ty number 0 1

person with - emp l o ymen tIncom e ~ARACK H. OBAMA

Section B - Long Schedule SEI~,fiii~fdielf-Employment TaxNo t e . If your only In co m e & U b je ct to s eH -emp l o ymen t tax Is ch un ::h em ployee Incom e, skip Une s 1 t h r ou g h 4 b . E nte r . (). o n l ine 4c an d go toline 58. In 4 :o m e f ro m s er vi ce s you p erfo nn ed a s 8m in is te r o r 8mem b e r 018 r el ig io u s o rd e r Isno t Church e m plo ye e in co m e. See page S&1.A II y cu a r e a m i n is te r. member o f a re flg lo us o rd er. o r C hris tia n Sc i ence p ra ct it io n er a nd yo u m ed Form 4361. but you had $400 o rmo re 01 o the r net earn ings from se l f -emp loymen t , check he re and con t in ue with Pert I i"=~==;,;,;,;":,:..;,;",.,,;;,,,,::=:...,_1a N e t fa rm profit or (loss) f ro m S ch e du le F, l in e 3 6. and farm partnerahlpa, S ch ed ule K 1 (Fonn 1 (65 ) .

b ox 14 , cod e A Note. Skip lines 1 a and 1 b If you u se the farm optional m eth od (se e p age SE-4) ~1a~ _b If y c u r e ce iv e d social security r et ir em e n t o r d is ab il it y bene f i t s , e nte r th e a m ou nt o f C on se rv atio n Rese r veP IO!~ ram payments In c lu de d o n S ch ed ule F , l ine 6 b . o r lis ted o n S ch edu le K1 ( F o rm 1 (6 5 ). b ox 2 0. co de X . .. ~1b ~ _2 N at p ro fit o r (loss) f rom Schedule C .lln e 3 1; S ch ed ule e.g O ne 3; S ch ed ule K 1 (F orm 1 06 5). box 14 . code A .

(o ther than farm in g): and S ch edu le K1 (F orm 1 06 5-8). b ox 9 . cod e J1 . M in is te rs and m em be rs o f re lig io uso rch Il'S , s ee p g 8& 1 fo r types o f In com e to r e p o r t o n th is One. See p g SE-3 fo r o th e r Incom e to r epo r t .No t e . SkIp this li ne i f yo u u se the n o nf arm o p ti on al method ( se e p a ge SE-4) ~.~~ ~. ' : f .~~~.~' : f . * . ~ .~~-~...:...:i:--::ri~iPT~

3 Com b in e U ne s 1 a . 1 b . an d 2 .4 a If l in e 31s m ore th an ze ro , m ult ip ly line 3 b y 9 2.35 % (.9235). O t h er wis e . e n te r amo un t from lin e 3 . .b If Y CIUe le ct o ne o r b oth o f the op tio nal m e th od s . en te r th e to ta l o f U ne s 15 an d 17 h e re . .c Co rnb lne U ne s 4a and 4 b. If less t han S 4 O O . a top ; you d o no t ow e se l f -emp loymen t tax. excep t ion .If fe :ss than $400 and ycIU had ch u rch em plo yee Incom e. e n te r -0 - and co n tin u e ~ "'""" _ _ .;~, ;; ;", ; ; ;~ :.. . . ; ; ;", ; ; ; ", ; ; ; . . . . ; ;"

5 a Ent.,. . ycu r ch un ::h em ployee Inc ;am e from F orm W 2 . See p ag e S E- 1f e r 4 ~ e ll nl ti on o f Church emp loyee In com e ~ "-- " -I-.

b M ulU pIy line 58 b y 9 2.3 5% ( .9 23 5). II le ss than $ 1 00 . e n te r -0 - .. !---==-+-~~:n:I:"~~I'V"-6 N e t e arn ings from se lf-em p lo ym en t. A dd U nes 4c and 5b ~~_ .. . . ; ; ; . . :. . . ; ;"",, ; .~ .. ; ; . , . ;~ .;. .7 M B ldm um am ou n t o f com bine d w age s and s elf-e mp lo ym en t e arn in gs & U bje ct to s oc ia l s ecu rity tax o r

th e 6.2'K p ortio n o f the 7 .~ ra ilro ad r e tirem en t ( tie r 1 ) tax fo r 2 008 _ .8a TO bd soc ia l s ecu rity w ages and tip s ( to ta l o f belles 3 and 7 o n F orm (s)

W 2 ~ )and rai lroad re t i r emen t ( t ier 1 ) c om p en satio n. II $ 10 2.0 00 o r m ore . s kiplines 8b th ro ugh 10 . and go to lin e 11 .

b U n re po rte d tips su bje ct to social secu rity tax ( from Fo rm 4 13 7 . U n e 1 0) . .c w ~~e s su b jec t to social secur i ty tax (from FOITTI89 1 9 , Ine 1 0) . .d A dd lin es Sa. 8b , and 6c .

9 Su b trac t O n e 8d f r om line 7 .1 1 z e ro o r less. en te r -0 - he re and on l ine 1 0 and go to l in e 1 1 _ ... . . . . . . ~ 1-=;....;.--------1 0 M ulitlp ly the sma l le r 0 1 Una 6 or Una 9 by 1 2.4 % ( .1 24 ) ~;;,;---""'7~.,...:-=--1 1 M ulltlp ly lin e 6 by 2 .9 9 6 (.029 ) _ ~~----7r-i--j~.;..1 2 S ell-em ploym en t tax. A dd lin es 10 and 1 1 . En te r here and on Form 1 04 0, Iin a 5 7 ~;: , .+.", . , .

102.000.00

1 3 O e4 ~u ctlo n fo r one -h alf of .. ' f -emp loymen t tax. M u ltip ly fin e 1 2 by509 ( , En te r the re su lt h are an d o n F orm 1 04 0,IIn e Z1a

Farm O piU on al M eth o d . Y o u m ay u se th is m eth od only If (a) yo ur gro ss fan m In co me(b' yo ur n et farm p ro flts2 we r e less t han $4,548.1 4 M a:ldm um Inco rn e fo rop tlon al m e~ _ ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 ,2 00 .0016 En te r th a am alle r o f: tw o-th frd s ( 213 ) o f gro ss farm Income' ( no t lass than z ero ) o r $4,200. AI$O inc ludethilli am ou n t o n fine 4 b aboveN on farm O ptiona l M eth o d . Y o u m ay u se th is m eth od on ly if (a ' yc lU r n at no n fa rm p ro fits 3were lass th an $ 4 ,5 48 andalso less than 72 .189% o f you r !JOSS no nfa rm in com e: an d (b)yc u had n a t e a rn in gs from se lf-e mp lo ym en t o f atleast $400 In 2 0 1 the p rio r 3 years.Cau tion . Y ou m ay u se th is m eth od n o m ore than f iv e t im e s .18 Su b trac t lin e 15 from lin e 14 _ ..17 En te r th e sm alle r o f: tw o-th lrda ( 213 ) 01 gro ss n on fa rm In co m e 4 (not less than ze ro ) o r th e am ou n t on

Hn e 1 1 6 .Also In c lu de th is am ou n t on line 4 b ab oV e L .. . .:1 .:.7 .. . ._ _, F rom S th . F ,lin e 11 , a nd S ch . K 1 ( Fo rm 1065 ) . bo x 14 , cod e B . 3 F ro m S ch . C , lin e 3 1; Sch . C..z, t ine 3 ; Sch . K l ( Fo rm 1085 ) . bo x 1 4 , code A ; and2 F rom S ch . F . U n e3 6 . and Sch . K -1 (Form 1085 ) . bo x 14 . cod l l Sch . K l ( Fo rm l 0 65 -B ) , bo x 9 . code J1 .A m inu s th e a m o u n t yo u w ou ld h av e e n te re d o n lin e 1 b h ad yo u 4 From Sch . C , lin e 7 ; S ch . C . . Z . in e 1 ; S ch . K -1 ( Fo rm 1065 ) . bo x 14 . code C ;andn ol u se d th e opllonal melhod. Sch . Kl (Form 1 065-8), box 9, code J2 .

Sch e du le SE (Fan 1040 ) 200B154 903 26 13 14 70 4 0C01F 162008.03 020 OBANA, BARACK H. 40C01F_1


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Fm 1116 Foreign Tax Credit 2008(Individual,state,orTrust)~ Attach to Form 1040, 1040NR, 1041. or 990-T. =:....19OM B No. 1 5 4 5 -G 1 2 1

BARAC'K H. & MICHELLE L. OBAMAI d e n t i f y in g n u m be r aI h ow n 011page 1DI_1ax ,.tuma m e

U se a s e p a r a te F o r m 1116 fO r e a c h c a te g o ry 01 I n c o m e l i s te d b e lo w . Se e C a t _ g o r l . . o fl n c o m _ b e g in n in g o n p a lle 3 ollie I n s t r u c t lo n s . C h l lG k o n ly D ne b o x o n e a c hF o r m 1 1 16 . R e po r t all a m o u n l s In u . s . d o ll a r s e x c e pt w h e re s p e c if i e d In Part II b e l o w .D' a s s lv e c a t e g o r y I n c o m e c0e c t i o n 9 0 1 ( 1 ) I n c o m e _Du m p -s u m d is tr lb u U o n sb [X] ~ le n e r aJ c a t e g o ry I n co m e d0e r t a i n I n c o m e r e - s o u rc e d b y t r e a t y1 R e s i d e n t 0 1 ( n a m e of c ou n t r y ) ~ UNITED STATESN o t e : / I y o u paid taKes to onIyone for8Ign count/)' or U.S. possess ion , use co lumn A In Pa r t I and l ine A In P a r t II. If yo u paid taxes to m o r e t h a n o neforeign country or U .S . pos s e s s i on , us e a separa te co lumn and line for each count/)' or pos s e s s i on .

g Enter the name of the foreign country or U . s .possession ~ IV~""'.LV'U~

18 G rO S l i In c o m e f r o m s o u r c : e s within c o u n t r y shown a b o v ea n d o llh e t yp e c h e c k e d above : _

b C h e c I ( H O n e 1a I s c o m p e n s a l l o n lo r p e r s o n a l s eM ee s a sa n e m p lo y e e , y o u r t o t a l c o m p e n s a tlo n fromlsourcess$ 2 5 0 , , 0 0 0 or m o r e , an d y o u u s ed a n a lt e rn a tiv e b a s is tod a t e n n i n e I t s s o u r c e ( s e e ln" " I I 1 ' . t I i ' " ' ' ' '

of the Instructions):2 E xp e n s e s d e ll n lt e l y r e la t e d to t h e i n co m e o n D n e 1 a( a t t a c h statement) .3 P ro m ta s h a r e 01 o th e r d e d u c t i o n s n o t d e ll n lt e ly r e la te d :8 C erta lln i t e m iz e d d e d u c U o n s o r s ta n d a rd d e d u c t io nb t h e r d e d u ct i o n s ( a t t a c h s ta te m e n t ) J---=-=-""2""I'I'I'l""-+-------+------IE~1c A dd111188a a nd 3 b 1---::,_..z.:.-inT-+-------+------It,~ldG r o s e ! l o r e l g n s o u r c e I n c o m e h~wr-i-i~::.r-------+------li',.~1 G ro se ! I n c o m e f r o m a ll sources ~~;..;;..r.:T:i~af-------+------1E1~1If O lv ld llO n e 3 d b y l ine 3e 1--....;;...;.;;;.:;:.:;Mo-~------+------lmlfJ4g ~r~ : :: : o ~= ~ _.... . ...iD~m~I~~~~fi8 H o m E I m o r t g a g e I n t e r e s t (use worksheet o n p a g e 14althan s t r u c U o n s ) t---.;;:..:.....;;...;;...;;:_+-------+------i~'ilb O t h e r l n l e r e s t e x p e n s e 1- + -+ _

5 L o S S E I Sfromo r e i g n sources t---=-~~+-------+------..=I6 A dd lilies 2 , a nd 5

8,,5011~

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F o r m 1 1 1 6 Page 29 E n l e r l l I e a m o u n t f r o m O n e8.These a r e y o u r t o la l f o re i g n t a x e s p a i d o r accrued

l o r t h e c a t e g m y 01 n c o m e c h e c ke d a b o v e P a r t I " ' . . . . . . . . J-:..f-----=-:....:...::.::~,'

1 1 A d d l i n e s 9 a n d 10

13 S u bl r a l~ l in e 1 2 f r o m D n e 11. this Is t h e to la l a m o u n t o f f o re ig n t a xe s a v a il a b l e l o r c re d it . . . . . ' . . . . . '14 E n l e r t 1 ~ 8 m o u n t l r o m D ne 7. This I s y o u r t a xa b le I n c o m e o r ( l o s s ) l r o m s o u rc e s o u t s id e t h e

U n h e d S l a te s ( be fo r e a d ju s lm e n l s ) lo r t h e c a te g o r y 01 n c o m e c h e c k e d a bo ve Part I ~.f---"'-"';;';;;'~";;";;;..;.c;16 A d j u s tm e n l s to U n e 14 ,. a..;;;;._-------fi::/:",il18 C o m b in e t h e a m o u n t s o n l i n e s 1 4 a n d 1 5 . This I s y o u r n O l lo r e lg n s o u r c e t a xa b le I n co m e .( l i t h e I r e s u l t I s z e r o o r l e s s , yo u h a v e n o l o r e lg n ta x c r e d i t l o r t h e c a te g o ry 0 1 I n c o m ey o u c h a c t e d a bo ve Par i I . S l d p O n e s 1 7 t h r o u g h 21 . H o w e v e r , It yo u a r e a D n g m a r ,t h a n

o n e F o rm 1 1 1 6 , y o u mus t comp le te l i n e 19.) , , , ,............... &..;.;;.a.-----.:....;..;.;.;..;.c!!:iif,1117 I n d lv ld lu a ls : E n te r t h e a m o u n t f r o m F o r m 1 0 4 0 . l i n e 4 1 ( m i n u s a n y a m o u n t 00 F o r m8914 , l i n e 2 ) . 1 1 y o u an a n o n r e s id e n t a ll e n , e n le r t h e a m o u n t f r o m F o r m I D 4 D N R ,

l i n e 38 ( m i n u s an y a m o u n t o n F o rm 8 91 4 , I l n e 2 ~ E o t a t e e a n d wall: E n te r y o u r t a x a b leI n c o m E I w l t h o U l I h e d e d u c t i o n l o r y o u r e x e m p t io n , , . ~~~~~~~~=cauUon:")'011f Jguted y ou r t ax using th e lower r at es o n qual if ie d d iv id ends o r capi ta l gaJns , se e fnstIvct ions.

1 8 Div id e l i i n e 16 b y One 1 7 . " U ne 16 is m o r e than U n e 1 7 , e n le r 'l ' !-=+-__ _.;..', ; ; . , 5 . ; ; . . ; ; . 9 , ; ; . , 9 . . ; : : 4 , . ; ; . 01 9 I n d lv ld lu a le : E n te r t h e a m o u n t Ircm F o r m 1040 . ! i n e 4 4 . It y o u a re a n o n r e s l d e n l a li e n , e n te r th e a m o u n lI ro m F I ) r m I D 4 D N R , H n l 4 1 .

E ll a t e ll I n d t ro l l s : E n t e r t h e a m o u n t f r o m F o r m 1 0 4 1 , S c h e d u l e G , l i n e II, o r t h e t o la l 01F o r m S90 -T ,l i n e s 3 1 ) a n d 3 7 , ' , , ' . , , , . . . . . ~+- _ _ . . . ; . 7 . ; ; ; . 9 ~ 2 . . : . . . . ; ; . 6 . ; ; ; . 9 . ; ; ; . 3 . . ; , . ,Caution:" you ar e comple t ing line 19 fo r separate categot) ' e p u mp -s u m d is t ri bu ti on s ), see pg. 19 of th e in s t ruct ions .

20 M u b l p lV l in e 1 9 by l i n e 18 ( m a x im u m a m o un t 01cre d i t) ..21 E n t e r tll8 8 m a l l e r o l li n e 13D r l in e 2 0 . If this is t h e only F o r m 1116 y o u a re O A n o . sk ip A n e s 2 2 t h ro u g h 2 6 a n d enter t h i s

a m o u n t on l ine 27 . line In Part J V22 Cre dit I l o r taxes o n p a s s i v e c a te g o r y I n c om e2 3 Cred i t I l o r taxes o n g e n e ra l c a te g Q ry I n c o m e F-------I!I:.';c2 4 Credit I l o r taxes on c e rt a ln i n c o m e r e - s o u rc e d b y t . r e a t y Eof---------tIIWJI2 5 cr ed i t l i o r taxes on l u m p - s u m d is t r i b u t io n s .2 8 A d d l i n e s 22lhrough 2 5 , ' . . . . . . 1=+-----=---=........,:--%7 E n t e r ~ 1 J e I m a l le r o i l i n e 1 9 D r l i n e 2 6 . . F.f----....;;...:....;.....;;;..;;;~2 8 R e d u c 1~ e n 01credit fo r internationaloycot t o p e t i l i o n s .2 9 S u b t r a c t B n e 2 8 1 ro m O n e 2 7 . T h I s I s y o u r f o r e ig n t a x c re d i t . E n t e r h a r e a n d o n F o r m 1 04 0, n n e 4 7 ;

F e r m I S c h e d u l e H n e o r F o r m l i n e 4 0 8

5 74 ,

5 74 5.Fom 1 1 1 6 C 2O O 8I

Sttll!12_154 903 26 13 14 70 4 0C01F 182008.03 020 OBAKA, BARACK H. 40C01F_1


14/43

Fcrm 1 " 1 1 6 ALTERNATIVE MINIMUM TAXForeign Tax Credit(Indlvklua~ Estate, or Trust)~ A ttach to F o rm 1 04 0, 1 04 0N A . 1 04 1 . o r 9 9O - T .

OMe No. 1&46-4l121

BARAClK . H . & : M ICHE L I.E I .. OBAMA

2008_~No.19

N a m e I d e n t i f y i n g number _1IIown on 1 1 8 9 * 1of yotJI lax .....

U s e I s ep m :B t e F o rm 1 1 16 l o r e a c h c a la g o r y 0 1 I n c o m e l is te d b e l o w . S a e cate,orles of Income b eg in n i n g o n p a g e 3 a l t h a Instructions. C h ec k o n l y o n e box o n e a c hForm 1 1 1 6 . R e po r t a ll a m o u n t s I n u . s . dol.s e x c e p t where s p e c K l e d In P a r t I I b e lo w .aD Passive c a t e g o r y Income cDSedion 901(1) Income eD L u m p - s u m d ls l r lb u ti o n sb 00 G e n e r a l c : a t e g o r y I n co m e dO C e r t a in I n c o m e r e - so u rc e d b y t r e a t yf Residentol (nameolcountryJ t UNITED STATESNote:" y o u paid taxN to only on e fo re ign counlly or U.S. posses$/on, u s e column A In PBt t land l ine A In Pari II. " y o u paid !aXes to more t h in o n efo re ign or u.s. possession, use a co lumn and line fo r each or possession.

gEnt .. tn e n am e o f th e fo re ign co un try o r U .s .po , o n ~

18 G ro s s I n c o m e from sourcesi t h in c o u n tr y shown a b o v ean d o l i t h e t y p e c h e c k e d a b o v e : _

b Check If l i n e 1a I s c o m p e n s a t i o n f o r per sona l services asan m p l o y e e . youro t a l compensat ion 1 r o m I I I sourcess$ 2 5 0 ~ D O O o r m o r e , a n d youused a n a lt e r n a ti v e b a s i s t od e t e r ~ l I i n e il S s o u rc e in s t r u c t i o n s )

of the Ins t lvc t lons}:2 Elcp en se s de fin ite ly re llte d to th e In co me o n lin e 1 a3 :=~~~t!th~;d;j~~I~~~~~tdd~ii~~;~i~i~d:~~~~IfOa C e r t a i n i t em i ze d d e d u c t i o n s o r s t a n d a r d d e d u c1 lo nbthe r d e d u c t i o n s (attach s t a t e m e n t ) I------+------t------f-~;Ic A d d Dinesaand 3 b 1---,....".....-~..,....+-------+------h~ ..1d G ro s s Iorelgn source i n c o m e hr-i;n;.r-i-i;.:r.+------t------I!.~de G ro s s I n c o m e f r o m a lls o u n : e s ;;....:..;;;..;;;.n""~i+-------+------IF.1i!1f D iv i d e l in e 3 d b y B n e 3e 1--...;..;;;..;;.;;;.;;.;;.;'"+-------;.------4g :~~: = c : U 1 : . : : ~ ~ ~ : ~mfji!=ijfitli!ii.~a H om em o rtgage I n t e r e s t ( u se w o r k s h e e t o n p a g e 1 4

0 1 the instruct ions) 1---.:..J:-=..::...::.r-------t------itt:~1bt h e r I n te r e s t e x p e n s e I------+------t------i~l5 LOSSESr om f or ei gn sou rces 1---'R"'"~_-+-------+-------t""""18 A dd lin e s and 5

(n)Otherfore ignI aXes p a i d o ra c c r u e d

81150112~



15/43

Paga29 E n t e r t h e a m o u n t f r o m t i n e 8. T h e s e a r e y o u r 1 0 Ia 1 f o r e i g n t a x e s p a id o r a c c r u e d

l o r t il e c a te g o ry 0 1 I n c o m e c h e c ke d a b o v e P a r t I t -=-i----... ; ; . .!... : . . . . : : . . : : : . . . .=..t :

13 S u b t r a l : t line 1 2 1 r o m l i n e 1 1 . T h i s I s t h e l o t a l a m o u n t o l l o r 8 l g n t a x e s a v a i l a b l e fo r e r e l l ' ! ! .1 4 E n t e r t h e a m o u n t f r o m B n e 7 . T h i s I S y o u r t a x a b l e I n c o m e o r (loss) f r o m SOI l 'C8S o u t s id e t h e

U n i t e d SIiIIesb e fo re a d _ e n t s ) f o r t h e c a t e g o lY o f I n c o m e c h e c k e d abovePart I I-'-'+- ~ .. :. .. .; .. .; ;; .. ;; ~! - ." .15 A d l u s l r n e n t s t o U n e 1 4 -.;;;.&--------lil;):.;,.16 C o m b in e t h e a m o u n ts o n n n e s 1 4 a n d 15 . T h i s I s y o u r n e t f o r e i g n s o u rc e t a lC a b l8 ln c o m e .( l i t h e r e s u il i s z e r o o r ~ y o u h a v e n o f o re i g n la X c r e d it f o r t h e c a te g o ry o f I n c o m ey o u c h e c k e d a b o v e P a r t I . SkIp O n e s 1 7 t h ro u g h 2 1 . H o w e v e r , l l y o u ant f in n g m a r ,l h a no n e F o rm 1116 , y o u mus t c o m p l e 1 8 l1 n e 19. ) """"'...._---~..:....;.~~11:!.


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N a m e o f e m plo ye r

Household Employment Taxes(For SocIa J Security, Medicare, Withheld Income, and Federa l Unemployment ( F U T A J Taxes)

~ Attach to Form 1040, 1040NR, 1040-SS, or 1041.~ See aeparate InstrucUons,

SCHEDULE H(F orm 1 04 0) OMB No. 1545-19712008BARACK H. OBAMA Employer ldentlflcatlon number

SocIal security number

A DId ' v o u p ay anyone household employee cash wages o f $1,600 or more In2008? (If any household employee was your spouse. your chidu n dl .r a ge 21, y o u r parent, o r anyone unde r age 1B, see the OneA instructions on page H-4 before you answer this question.)[X] Yes. SkIp Ines B andC and go to U ne 1.[] No. Go to IneB.

B DId ' you withhold federal I n c ome tax during 2008 for any household employee?C] Yes. SkIp & n e e and go to line 5.C] No. Go to RneC.

C Old ' r o u p ay total cash wages 0 ' $1,000 or more Inany calendar quarlw o f 2 0 07 o r 2 00 8 to an household employees?(Do not count cashwagas paid In 2007 or 2008 toyour spouse, your chi ld under age 21, or your parent.)C] No. Stop. Do no t fD e this sd l edu l e .C] Yes. Skip Illes 19and go to l ine 10 on page 2. (Calendar year taxpayers having no househo ld employees In 200B

do not have to complete this lonn 'o r 2008.)fi8!fi] Social Security. Medicare, and Faderallncome Taxes

Total c:ashwages subject to social security taxes (see paga H-4) ., ., .. " . I J ':::;"'.12,480.2 Social sscur ity taxas. Multiply line 1 b y 12.4% (.124) " ".,,,,, .. ,,., ,, ,, ., .,.".,."" . . . . - = 2 ~ - - = 1 : . : 1 ~ 5 : ; _ 4 = - 8 = . , : . . .3 Totalc:ash wages sub jec t to Medicare taxes (saa paga H-4) " ,," .,. I 3 I 12,480 . ' l ~ i , ~4 Medicant taxes. Multiply U na 3 by 2.9% (.029) ""." ..,.,,,,,.,, ,, ., ,, .,,, ..,, .,., .., t-4~ _ _ _ ; 3 : ; _ 6 : ; _ 2 = . . : . . .5 Fedanlllncometaxwithheld,lfany ., ., "" .,."".,." ..., 5 _6 Total lOCIal aecurlty, Medicare, and faderallnooma taxes. Add lines 2, 4, and 5 ., .,., .,.,. ~ 6 ~ - = 1 : . : 1 . . : 9 ; . . : 1 = - O = . , : . . .7 AdvarlCe earned I nc : oma credit (Ele) payments, "any ., " ., .,........................ .,...._:7~ _8 NettlllXes (subtract On e 7 from 11na6) , ., '" " " a.....: :8 :.....L _ _ ; : 1 ; . . : , . . : 9 ; . . : 1 : ; _ 0 = . , : . .9 Did y c < u pay total cash wages o f $1.000 or mora Inany calendar quarter 012007 or 2008 to al l household employees?

(Do n.)t count cash wages paid In2007 or 2008 to your spouse, your chi ld under age 21, o r your parent.)C]No. Stop. Include tha amount 'rom t ine Babova on Form 1040, line 50, and check box b on that line. I I y O ' . ! ant not required to f ile Form

1040, sea the lina 9 instructions on page H-4 .[X] Yea. Go to nne10 on page 2.

LHA Fel l'Privacy Act and Paperwork Reduct ion Act Notice, see page H7 of the Inatructlol18. Schedule H (Form 1040) 2008

1 5 4 9 0 3 2 6 1 3 1 4 7 0 4 0 C 0 1 F2 12008.03 020 OSAKA, BARACK H. 40COIF_1


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SchaduIo H " a m 1040)200II BARACK H. OBAMA1 1 _ ~ I 1 ' ; J l ; J I Federal Unemployment (FUTA) TaxYes N o

10 O l d Y CIUpay u n emp l o ymen t c o n tr ib u t i on s t o o n l y o n e s t at e ? ' " . .. .. . .. .. .. . .. .. . .. .. . .. .. .. . .. .. . .. .. .. . .. .. . .. .. .. . .. .. . .. .. . .. .. .. . .. .. . .. .. .. . .. .. . .. .. . .. . 10 X11 O l d yCIU pay a D s ta te u n em p lo ym e n t c on tr ib u ti on s lo r 2 00 8 by April 15 , 2009? R scal ye ar m ers, se e page H-4 ........................... 11 X12 We re a ll wages that ar e taxable lo r RITA ta x also ta xa ble fo r y ou r s ta te 's u ne m plo ym e nt tax? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 XN e x t : I I Y C lU chet;ked the "Y es " b ox o n a illh e lines ab ov e, co mp le te S ectio n A -

If yclt ' checked the uN o b o x on any o f th e lines above, skip se ction A and com ple te S ectio n B .section A:: : . ~ . ; : - : .:',:

15 Contr ibut lons paid to ye o state unemp l o ymen t fund ( se e p age H5) L 15J 6 4 8 1,_ , .'18 To ta I l : : a sh wages subject to RITA ta x ( se e p a ge H 5 ) ... , ._.: .16~ _ _ _ _ ; _ 7 - ' , _ ; 0 _ ; 0

56.

13 N am a o f th e s ta te whe r e y c IU p aid u n em p lo ym en t con trib u tions .. ~ I L14 S ta te r ep o rt ln g number a s s ho wn o n ata te u ne mp Jo ym en t ta x re tu m ~ 4 2 3 9 8 5 9 - 7

1 7 FU TA tax. Mu l t iD J v l in e 1 6 bv . 0 0 8 . En te r t he r es u lt h e r e , skiD S ectIo n B , and g o to nn e 26 .section B 1 718 Comp le te a D columns below that apply (If youne ed m ore sp ace , se e page Ho5 ) :(a) (b) (e) Cd) Ce) (1 ) (D )N_ Sllll.,,~ nlllllbet T_ w8glltl (all s-~ ralo SUllo Muru~ COl.C) MulUply col. (C )d as -- an ... . : doflnocI ln _1IClI) porIod ~ by.054 by col. Ill)"""" ~ Fram To ra..

(I)CanIIIb_pa!d1O_~

1 9 Totals, 1 L , ; 1 ; ; , 9 , L . . . ...L.- _20 Add columns (h) and (i ) ofllne 19 .. I 20 I :~~:~21 Total ,cash wages s ub je ct to FUTA tax (s ee th e lin e 1Slnstruclions on p age H 5 ) 1 - - = 2 ; . : . 1 + _22 Mu l t i p l y l ine 21 by 6 .2% (.062) .. ..j T . . . ~22:;.r _23 M u tt lJ :d y l in e 2 1 by 5 .4% (.054) I_ 23 ' : / ;1 , , ' . . :124 En te r th e s m alle r o f Ine 20 o r line23 ~2;.:.4+- _25 FUTA.laX. SUbtract line 24 f r o m U n e 2 2 . E nte r th e resul t he re and go to i n e 26 25_rJllllm Total Household Employment Taxes28 Enter the 8 IT1 (U1 t from line 8. II you checked the "Yes box on line C of page 1 , enter . ( ) . 1-=28~ T- =,~9=-'li-'~.27 Add n n e 1 7 (o r r l l 1 8 25) and l ine 26 (see p age H 5) L ... :27 :.. .J .. ..=..li, . .; ;9 ; . .; ' 6 ; . ,; i ; ; . . : ; . . .28 A le YClU r equ i r ed to file Form 10401IX] VIIS. Stop, Include th e a m ou nt hom f in e 2 7 above on Form 1 04 0, lin e 6 0, and check box b o n that line. Dono t comp le te

Part r v below.DNa. Yoo

Pa id Prepan!l 's . ... I Dale I C heck If . 1 Pn!parer'S SSN o r P TlNs ignature r self-employed D 1Prepa rm ' s Ann's name (or EINUse Only yoursf s e I# - em p l o ye d ), . ... --1 Phone no .address, and ZIP code ,...

I11DS211-19-08

1 5 4 9 0 3 2 6 1 3 1 4 7 0 4 0 C O I F 222 0 0 8 . 0 3 0 2 0 OBAMA, BARACK H.

Schedule H (Form 1040) 2008

4 0 C 0 1 F _ 1


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Fonn1116 U.S. and Foreign Source Income Summary~ , - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -BARACK H. & MICHELLE L. OBAMAI N C O M E , , ; . . T Y P . , ; - E ; . ; . . _ . _ ; . ; , ; . ; , : ; : . . . , . . . , . . . . , . . _C o m p e n s i 3 U o nD l v l d e n d l l l D l s l l l b u U o n sI n t e r e s tc a p l t a l ~ l l n sB u s i n e s s . l P r o f e s s l o nR e n l i R O ) I a l t yS t a Ie J lo c a l R e f u n d sPar1n t Is ~11pIS C o r p o r a t i o nT r u S b f s l i l i eO t h e r I n C l ~ m eG r o s s I n c o m e

F O R E I G NT O T A l . u . s . G E N E R A L201,913. 201,913.26,558. 26,558.18,890. 18,890.5,342. 5,342.2,603 ,4 48. 2,603 ,4 48.7,991- 7,99l.

-148,58l. 148,581.~,8(;4 ,I 4~ . 2,715,5;L 148,581.L e s s :

Sedon 911 E x c l u s i o nCapi t al L o s s e sCapita l G a in s T a x A d j u s t m e n t

T Olal ln co m e - Fo rm 1 11 64,235. 4,235.

2,859,907. 2,711,3 26. 148,581.D e d u c t i o n s ;

B u s l n e s s l P r o l e s s l o n E x p e n s e sR e n l lR o y a l l y E x p e n s e sP a r t n e r s h l p l S C o rp o r a l l o n L o s s e sT r u !; t& l at e L o s se sCapbllossesN o n - c :a p lt a l L o s s e sI n d M d u a l R e ll r e m e n l A c c o u n tf . t c r j ' l n g E x p e n s e sS e l l - e m p l o y m e n l T a x D e d u c t io nS e l l - em p l oy m e n l H e a l th I n s u r a n c eK e o l m h C o n l r lb u l lo n sA i m l o n yf o r f 'e l te d t n te r e s tF O r E l l g n H o u s in g D e d u c ti o nO i h l l r A d j u s t m e n t sClpi l la l G a in s T a x A d j u s t m e n t

Tota l D 8 d l ~ c t i o n s

123,800. 123,800.

33,205.46,000.

33,205.46,000.

203 ,005. 203 ,D05.2,656,902. 2,508,321.

158,892. 158,892.50,168. 47,565.92,4 59. 87,663 .3 Di,5I9. 294 ,1~0.

2,355,383. 2,214,201.

A d j u s t e d I~ 'OSSIncome 148,581.L e s s I t em i ze d D e d u c t i o n s :

S1l8l~11y A l o c a t e dHome M o r tg a g e I n te r e s tO t h E l l l n t e r e s tRa t li b ly A l l o ca t edT o t a l A d j u s t m e n t s t o A d ju s le d G r o s s I n c o m e

2,603.4,796.7,399.

T a x a b l e I n l c o m a B e l o r e E x e m p t io n s 141,182.

827 11310..25-08

154 903 26 13 14 70 4 0C 01F 232008.03020 OBAMA, BARACK H. 40C01F_1


19/43

Form 1116 Allocation of Itemized Deductions& MICHELLE L. OBAMA

T o l a ll Ie m l z e d

D e d u c t i o n sI te m i z e d D e d u c t io n s

A f t e r Sec . 6 8R e d u c t i o n

F o rm 1 1 16

S p e c H 1 c a 1 1 y u s . s p e c m c a U y Foreign Ratable

~ ~ u t i D n s ~~~1~7~2~~~~~~~~~~~~~~~~~~~~~~~~~~~M i s ce l la n e o u s D e d u c t io n sS u b J o c t I I , 2 % I-~_~_~-+- ~~-+~ -+ +__~--I

O t h e r M i s c e l l a n e o u s D e d u c t i o n s -NO l ln c lu d ln g G am b li ng lo s s es . .. .. . I-------+-------f-------+------+-----~

T o la l t te m b : e d D e d u c t i o n sSU~h)~68 ~_~~~~~_~~~~~~~~~~~~~~~~~~~~~~

A d d I t e m i zl l d D e d u c ti o n sN o l S u b ~ 1 C I to Sec. 6 8 :

M e d l c a V D e n t a l ._------+-------f-------+------+-----~I n v e s tm e n t I n l e r e s l J-------I-------+------+------4-------IPos tAug.~ !7 C O n t r l b u t l o n s I- -+ +- + + ~C a s u a l t y L C l s s e s 1- --1- - + - + + -- 1G am b ling lo s s es ._ -+ - + - -+- -+ ~Fore ignAdj~ tmenl I------_+

15490326 131470 40C01F 242008.03020 OBAMA, BARACK H. 40C01F_1


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Fo rm 1 '1 16 Fo reign Tax C red it C arryo ver S tatem en t (page 1 o f 2 )NAMEBARA C~ K H . & MICHELLE L. OBAMA

F O l re l gn In G o m e C a t e g o ry PENERAL LIMITATION INCOME

1. F o n i l l g n ta x p a l d la c c r u e d .2. FTC c a r r y b a c k to 2008 .

I I ) ( I l m e n d e d r e t u r n s ~ ~ ~ ~ ~ ~3 . R e d u c t i o n a l lo c a t ed to e x c lu d e d In c o m e ~~*-~~~4 . F o n l l g n ta x a v a i l a b l e ~~~~~;;e6 . M I lI : l m u m c re d it a l o w a b le ~~.. . ::. . . :~~~~~li i lI I . U n u s e d f o (s lg n l a x ( + )

1)( e K C 8 S S o f.m l t ( . ) ~7'"':~ ~~~""""'~~~;;nI7. Fo " ~ gn a x carryback ~~~..;..:.~4~~~~~I I . F o n l l g n la x c : a n y I o r w a r d 6----_ - " . . . . . , , . . . . , . . .. . 19 . L e s : l l r e a t y a d J u s t m e n t ~ ; . ; ; _ .; . - . . . ~1 0 . F o rt l l g n la x o r e x c es s I m l t r e m a i n i n g L- --1 ....J

15490 32 6 131470 40 C0 1F 2 52 00 8.0 30 20 OBAMA, BARACK H. 40C01F_1


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Form 1~16 Foreign Tax Credit Carryover Statement (Page 2 of 2)NAMEBARACK H. & MICHELLE L. OBAKA

F o re i g n I n c o m e C ) a te g o lY PENERAL LI~TATION INCOMEA lt e rn a t i v e M i n im u m T a x

1 . F o r e li g n t a x p a l d t. l c c r u e d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , .. , .. , , . .2 . FT C I ~ack to 2008 .f o r a m e n d e d r e t u r n s , . .

3 . R e d u cU o n a ll o c a te d t o e xc lu d e d I n c o m e ' 1111114. f o r e i g n tax a v a i l a b l e 1 #II. M a x i m u m aed l t a l l o w a b l e p::i~~:':;8. U n u s e d f o re i g n t a x ( + )

o r peess o f I lm H ( . ) . .7. f o r e i g n t a x carryback .8. F o r e i g n t a x carryforward ~=~w9 . Less Ireaty ad jus tm ent ~~~~10 . F o r e i g n ta x o r e x c e s s Uml t r e m a i n in g L- ---L _._ _ _.;;;..;;...:.....::....:;...=...+_..;:::..;;..:...;;...;;.~

T o la ! f o r e i g n l a x e s f ro m al l a v a i l a b l e years t o b e carried to n e x t year L.- _

1. F o r e l ~ n t a x p a l d f a c a u e d . .2 . F TC lcarryback to 2008 .

f o r a m e n d e d r e t u r n s .3 . R e d l l c U o n a l l o c a t e d t o e x c l u d e d I n c o m e .4. F o r e l l g n ta x a v a i l a b l e ' " , . , , .II. M a x im um ae d ll a l l o w a b l e . .8 . U n w ;e d f o re ig n t a x ( + )

o r e u :e s s o f O m i t ( . ) ' . . . . . . . . . . . . . . . . . . . . ~;W~':.'Fr"l""7 . F o re ig n l a x c a rr y b a c k . . , ~::::::~=;::;8 . F o r e li g n ta x c a r r y f o r w a r d " . .9 . L e ss t re a ty a d j u s tm e n t , . .1 0 . F o re li g n t a x o r e x c e s s O m i t r e m a i n i n g ._ _ ---L ....I

B2711l803_

154 903 26 13 14 70 4 0C01F 262008.03 020 ORANA, BARACK H. 40C01F_1


22/43

S EL F -EM P L O Y ED R E TIR EMEN T P L A NCO M P U TA TIO N O F DEDU CTIB L E CO N TR IB U TIO N S F O R

FEDERAL 104 0BARAC:K H. OBAMA1 . D E F~ E D C O N T R IB U T IO N S

h . A [ J o w a b l e d e d u c t i o n , l e s s e r o f R n e 1 e o r l i n e 1 e p lu s H n e f m in u s l i n e g .l E ) :t8SS c o n t n b u t io n .

2 . D E F I N I E D B E N E F I T - O e d u c t i b le c o n t r i b u ll o n s t------;

8 2 7 7 0 101 - 25008



23/43

BARACK H. & MICHELLE L. OBAMASTATEMENT 1ORM 104 0 STATE AND LOCAL INCOME TAX REFUNDS

2007 2005ILLINOIS

G RO SS S Tj~ TE /L OC AL I NC TA X R EFUN DS 7,99l.LESS: T~K PAID IN FOLLOWING YEARNET TAX REFUNDS ILLINOIS 7,991.TOTAL NE'r TAX REFUNDS 7 ,991.

2006

154 903 26 13 14 70 4 0C01F 282008.03 020 OBAMA, BARACK H. ST AT EM BN T(S) 140C01F_1


24/43

BA RA CJ I~H. & : MICHELLE L. OBAMAFORM 1040 P ER SO NA L E XE MP TI ON WO RK SH EE T STATEMENT 2

IS 'l~HEMOUNT ON FORM 1040, LINE 38, MORE THAN THE AMOUNT SHOWN ON LINE 4BELOW FOR YOUR FILING STATUS?NO. STOP. troLTIPLY $3,500 BY THE TOTAL NUMBER OF EXEMPTIONS CLAIMEDON FORM 1040, LINE 6D, AND ENTER THE RESULT ON LINE 42.YES . CO NTIN UEtroL'l'IPLY3 , 500 BY THE TOTAL NUMBER OF EXEMPTIONS CLAIMEDON II'ORM1040, LINE 6D . ENTF~ THE AMOUNT FROM FORM 1040, LINE 38 2,656,902.ENTE:R THE AMOUNT FOR YOUR FILING STATUS 239 , 950SINGLE $159,950~~IED FILING JOINTLY OR WIDOW(ER) $239,950~~IED FILING SEPARATELY $119,975HE~ OF HOUSEHOLD $199,950SUB '1'R ACTLIN E 4 FROM LINE 3 IS LrINE 5 MORE THAN $122,500 ($61,250 IFM AR RI ED FI LI NG S EP AR AT EL Y)?[X) YES. MULTIPLY $2 , 333 BY THE TOTAL NUMBEROF EXEMPTIONS CLAIMED ON FORM 1040,LINE 6D. ENTER THE RESULT HERE ANDON FORM 104 0, LINE 4 2. DO NOTCOMPLETE THE REST OF THIS WORKSHEET.DIVIDE LINE 5 BY $2,500 ($1,250IF MARRIED PILING SEPARATELY). IFTHE RESULT IS NOT A WHOLE NUMBER,INCREASE IT TO THE NEXT WHOLENUMBER (FOR EXAMPLE, INCREASE0.0004 TO 1) MULT IPLY LINE 6 BY 2% (.02) AND ENTER THE RESULTAS A , DECIMAL MULT IPLY LINE 2 BY LINE 7 . . . . DI VIDE L INE 8 BY 3

1.

2.3.4 .

5.6. 2,416,952.

[ ] NO.

9,332.7. . . . .8.9.10. SUBT'RACT LINE 9 FROM LINE 2. TOTAL TO FORM 1040, LINE 42.

154 903 26 13 14 70 4 0C OIF 292008.03 020 OBAMA, BARACK H.

14,000.

STATEMENT(S) 240C01F_1


25/43

BARACK H. & MICHELLE L. OBAMA

STATEMENT 3ORM 104 0 TAXABLE STATE AND LOCAL INCOME TAX REFUNDS

NET TAX :REFUNDS FROM STATE ANDLOCAL UlCOME TAX REFUNDS STMT.LESS:REFaNDS-NO BENEFIT DUE TO ANT-SALES TAX BENEFIT REDUCTION1 NET REFUNDS FOR RECALCULATION2 TOTAL I TE MI ZE D DE DU CT IO NSBEFORE PHASEOUT3 DEDUCTION NOT SUBJ TO PHASEOUT4 NET lREFUNDS FROM LINE 15 LINE 2 MINUS LINES 3 AND 46 MOLT LN 5 BY APPL SEC. 68 peT7 PRIOR YEAR AGIB ITEM. DED. PHASEOUT THRESHOLD9 SUB~~CT LINE 8 FROM LINE 7(IF :~BRO OR LESS, SKIP LINES1 0 Tlf iROUGH15 , AND ENTERAMOrn~ FROM LINE 1 ON LINE 16)10 MOLT LN 9 BY APPL SEC. 68 PCT11 ALLOWABLE ITEMIZED DEDUCTIONS(LINl!!: LESS THE LESSER OFLIm!!:6 OR LINE 10)12 ITEM DED. NOT SUBJ TO PHASEOUT13 A TOT~u ADJ. ITEMIZED DEDUCTIONS13 B PRIOR YR. STD. DED. AVAILABLE14 PRIOR YR. ALLOWABLE ITEM. DEn.15 SUBTl~CT T HE GREATER OF LINE13 A OR LINE 13 B FROM LINE 1416 TAXruBLE REFUNDS(LESl3 ER OF LINE 15 OR LINE 1)17 ALL01~ABLE PRIOR YR. ITEM. DEn.18 PRIOR YEAR STD. DED. AVAILABLE19 SUBTRACT LINE 18 FROM LINE 1720 LESSER OF LINE 16 OR LINE 1921 PRIOR YEAR TAXABLE INCOME

2007 2006

7,991.

7,991.451,679.

7,991.443,688.236,634.4,137,965.156,400.3,981,565.

79,631.364,057.

364,057.10,700.372,048.7,991.7,991.

372,048.10,700.361,348.7,991.3,761,385.

2 2 AMOUNT TO INCLUDE ON FORM 104 0, LINE 10....F LINE 21 IS -0- OR MORE, USE AMOUNT FROM LINE 20....F LINE 21 IS A ~GATIVE AMOUNT, NET LINES 20 AND 21STATl~ AND LOCAL INCOME TAX REFUNDS PRIOR TO 2005TOTAl:'TO FORM 104 0, LINE 10

154 90326 13 14 70 4 0COIF 3 02008.03 020 OBAMA, BARACK H.

2005

7,991.

7,991.

STATEMENT(S) 340C01F_1


26/43

BARAC~:H. & : MICHELLE L. OBAMAFORM 104 0 T AX -E XE MP T I NT ER ES T STATEMENT 4NAME OF PAYER A M O U N TNO RT HE ~r T RU ST S EC UR IT IE S 2,936.TOTAL TO FORM 104 0, LINE 8B 2,93 6.

FORM 104 0 WAGES RECEIVED AND TAXES WITHHELD STATEMENT 5FEDERAL STATE CITYT A M O U N T TAX TAX SOl FICA MEDICARES EMPLOYER'S NAME PAID WITHHELD WITHHELD TAX WIH TAX TAX

T UNITED STATES SENATE 13 9,204 . 24 ,660. 4 ,011. 6,324. 2,105.S UNIVERSITY OF CHICAGOHOSPITALS 62,709. 1S,677. 1,88L 3 ,888. 909.TOTALS 201,913 . 4 0,3 3 7. 5,892. 10212. 3 ,014 .

154 903 26 13 14 70 4 0C 01F 312008.03 020 ORANA, BARACK H. STATEMENT(S) 4 , 540C01F_1


27/43

BARACK H. & MICHELLE L. OBAMAFORM 104 0 KEOGH DEDUCTION - PROFIT SHARING PLAN STATEMENT 6BARACK H. OBAMA

16.17.18.19.20.21.

1. PLANr CONTRIBUTION RATE OR SELF-EMPLOYED PERSON'S RATE2. NET EARNINGS FROM SCHEDULE C, SCHEDULE F, OR SCHEDULE K-13 . DEDUCTION FOR SELF-EMPLOYMENT TAX FROM 1040, LINE 27 4 . S UBT RAC T LI NE 3 FROM LINE 2 5. MULTIPLY LINE 4 TIMES LINE 1 . . 6. MULTIPLY $23 0,000 BY YOUR PLAN CONTRIBUTION RATE. ENTERTHE RESULT BUT NOT MORE THAN $ 46,000 7. ENTER THE SMALLER OF LINE 5 OR LINE 6 8. CO~RIBUTION DOLLAR LIMIT IF ANY ELECTIVE DEFERRALS WERE MADE, GO TO LINE 9.OTHERWISE, SKIP LINES 9 THROUGH 18 AND ENTER THE SMALLEROF LINE 7 OR LINE 8 ON LINE 19.ALLO'WABLE ELECTIVE DEFERRALS . SUBT'RACT LINE 9 FROM LINE 8SUB TRA CT LIN E 9 FROM LINE 4

ENTER ONE-HALF OF LINE 11 . ENTE:R THE SMALLEST OF LINES 7, 10 OR 12 SUBT'RACT LINE 13 FROM LINE 4 ENTER THE SMALLER OF LINE 9 OR LINE 14 -IF CATCH-UP CONTRIBUTIONS WERE MADE, GO TO LINE 16.OTHERWISE, SKIP LINES 16 THROUGH 18.SUBT'RACT LINE 15 FROM LINE 14 CATCH-UP CONTRIBUTION (AGE 50 OR OLDER)ENTER THE SMALLER OF LINE 16 OR LINE 17ADD LINES 13 , 15 AND 18 ELECTIVE DEFERRALS DESIGNATED AS ROTH CONTRIBUTIONS SUBT'RACT L INE 20 FROM LINE 19. ENTER HERE AND ON LINE 28,FORM : 1040 . . . . . . . . . . . . . . . . . . .

.2000002,479,648.33,205.2,446,443.489,289.

46,000.46,000.46,000.

9.10.11.12.13 .14 .15.

. . . . . . . .

. . 46,000.46,000.

SCHEDULE: A STATE AND LOCAL INCOME TAXES STATEMENT 7DESCRIPT'IONUNITED STATES SENATEUNIVERSITY OF CHICAGO HOSPITALSILLINOIS 2ND OTR E ST IM AT E P AYM EN TSILLINOIS 3 RD OTR E ST IM AT E P AYM EN TSILLINOIS 4 TH QTR ESTIMATE PAYMENTSI LL IN OI S P RI OR YEAR O VE RP AY ME NT A PP LI ED

AMOUNT4,01l.1,88l.32,000.2,000.30,000.7,991.

TOTAL TO' SCHEDULE A, LINE 5 77,883.

154 903 26 13 14 70 4 0C01F 3 22008.03020 OBAMA, BARACK H. STATEMENT(S) 6, 740C01F_1


28/43

BARACIC H. & : MICHELLE L. OBAKASTATEMENT 8ASH CONTRIBUTIONSCHEDULE A

DESCRIPTIONAIDS ALIJIANCE FOR CHILDREN YOUTH& : FAMILIESAMERICAN RED CROSSAPOSTELl:C CHURCH OF GODBOOK WORM ANGELSBOYS AND GIRLS CLUBBREAD FC)R T HE CITYBROO~ID BAPTISTBROWN A.M.E. CHURCHCAREC AT HO LI C: R EL IE F S ER VI CE SCENTRAL ILLINOIS FOOD BANKCHICAGO COALITION FOR THEHOMELESSCITIZENS UNITED FOR RESEARCH INEPILEPSYCOLUMBn.~ UNIVERSITYCRUSADE OF MERCYDIRECT RELIEF INTERNATIONALFIRST L~~HERAN CHURCHGREATER CHICAGO FOOD DEPOSITORYHAITI FOUNDATION OF HOPEILLINOIS: COALITION AGAINSTSEXUAL J!.SSAULTILLINOIS HEAD START ASSOCIATIONILLINOIS; READING COUNCILJ UV EN IL E: DI AB ET ES R ES EA RC HFOUNDATl:ONMARTIN I.UTHER KING NATIONALMEMORIAl. PROJECTMIDTOWN EDUCATIONAL FOUNDATIONMUJERES LATINAS EN ACCIONNATIONAl. COALITION FOR HOMELESSVETERANSNATIONAl. CONGRESS OF BLACK WOMENN AT IO NA l. M S S OC IE TYN EW ORLE~S AREA HABITAT FORHUMANITYOVARIAN CANCER NATIONAL ALLIANCEROCHELLE~ LEE I B OU NDL ES S R EA DE RSST. LEO'S RESIDENCE FOR VETERANSST LUKE~'S UNITED METHODISTCHURCHTHE CHRISTOPHER HOUSE

1 54 9 03 2 Ei 1 3 14 7 0 40COIF

AMOUNTlOOt LIMIT AMOUNTs o t LIMIT5,000.5,000.500.2,500.5,000.5,000.200.500.25,000.1,000.5,000.1,000.5,000.1,000.150.5,000.100.1,000.2,000.5,000.5,000.5,000.5,000.5,000.5,000.5,000.5,000.2,000.5,000.5,000.5,000.5,000.5,000.

100.5,000.

332008.03020 OBAMA, BARACK H.

AMOUNT30% LIMIT

STATBMEN'l'(S) B40COIF_1


29/43

BARACK H. & MICHELLE L. OBAMA25,000.5,000. -------172,050.

UNITED NEGRO COLLEGE FUNDUNITED WAY OF GALVESTONSUBTOTALSTOTAL TO SCHEDULE At LINE 16 172,050.

154 903 26 13 14 70 4 0C01F 3 42008.03 020 OBAKA, BARACK H. STATEMENT(S) B40C01F_1


30/43

BARACJC H. & MICHELLE L. OBAMASCHEDULE A I TEM IZED DEDU CT IO NS WO RK SH EET STATEMENT 9

8.9.10.ll.12.

1. ENTER THE TOTAL OF THE AMOUNTS FROM SCHEDULE A, LINES 4 ,9, 15, 19, 20, 27, AND 28 ENTER THE TOTAL OF THE AMOUNTS FROM SCHEDULE A, LINES 4 ,14.. AN D 20, PLUS AN Y GAMBLING AN D CASUALTY OR THEFTLOSSES INCLUDED ON LINE 28. ALSO INCLUDE IN THE TOTAL AN YAMOUNT INCLUDED ON SCHEDULE A, LINE 16, THAT YOU ELECTEDTO TREAT AS QUALIFIED CONTRIBUTIONS FOR RELIEF EFFORTSIN A MIDWESTERN DISASTER A R EA IS THE AMOUNT ON LINE 2 LESS THAN THE AMOUNT ON LINE 11IF NO, YOUR DEDUCTION IS NOT LIMITED. ENTER THE AMOUNTFROM LINE 1 ABOVE ON SCHEDULE A, LINE 29.IF YES, SUBTRACT LINE 2 FROM LINE 1 MULTIPLY LINE 3 BY 80% (.80). 261,191-ENTER THE AMOUNT PROM FORM 1040, LINE 3 8. 2,656,902.ENTER: $159,950 ($79,975 IF MARRIED FILINGSEPARATELY) IS THE AMOUNT ON LINE 6 LESS THAN THE AMOUNTON LINE 5?IF NO, YOUR DEDUCTION IS NOT LIMITED. ENTERTHE AMOUNT FROM LINE 1 ABOVE ON SCHEDULE A,LINE 29.IF YES, SUBTRACT LINE 6 FROM LINE 5 MUI.TIPLY LINE 7 BY 3 % (.03) EN'I~ERTHE SMALLER OF LINE 4 OR LINE 8 DIVIDE LINE 9 BY 1.5 SUBTRACT LINE 10 FROM LINE 9 . . .

74,909.49,939.24,970.

2. 326,489.

O.3 .326,489.4 .5.6. 159,950.7.

2,496,952.74,909.. . . . . . . . . .TO'I~ALITEMIZED DEDUCTIONS. SUBTRACT LINE 11 FROM LINE 1.E N' II ERT HE R ES UL T H ER E AND ON SCHEDULE A, LINE 29 . 301,519.

SCHEDUL:E~B T AX -E XE MP T I NT ER ES T STATEMENT 10AMOUNTAME OF PAYER

NORTHElUirTRUST SECURITIESTOTAL TJlLXEXEMPT INTEREST TO SCHEDULE B, LINE 1

2,936.2,936.

154 903 26 13 14 70 4 0C01F 352008.03 020 OBAMA, BARACK H. STATEMENT(S) 9, 1040C01F_1


31/43

BARACK H. & MICHELLE L. OBAKASCHEDULE C OTHER INCOME STATEMENT 11DESCRIP'l'ION AMOUNTDYSTEL & ; GODERICHRANDOMHOUSE 1,090,515.1,512,933.TOTAL TO SCHEDULE C, LINE 6 2,603,448.

SCHEDULE: SE NON-FARM INCOME STATEMENT 12DESCRIP',nON AMOUNTAUTHOR 2,479,648.TOTAL TO! SCHEDULE SE, LINE 2 2,479,648.

154 903 2E i 13 14 70 4 O C01 F 36 STATEMENT(S) 11, 122008.03020 OBAKA, BARACK H. 40C01F_1


32/43

r i l l i n o i sDepartment o f Revenue2008 Form IL-1040Individual Income Tax Return or for fiscal year endingax.lliinals.gov /09S t e p 1 : P e r s o n a l l n f o n n a t l o n - - - - - - - - - - - - - - - - - - - - - - - - - - -

C FII i1g status (see Instructions)oIngleo r h e a d 0 1 h o u s e h o ld [X]M a r r i e d m l n g jointly0a r ri e d I O In g s e p a r a te l y 0i d O w e dIS t e p l ~ l n c o m e - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -.. 1 Federal adjusted glOSS Income I rom your U.S. 1040. Une 37; U.s. 1040A, Une 21; or us, 1040EZ,lIne 4. 1 2 , 6 5 6 , 9 0 2 } 2 Fede ra J Jy t a x - ex emp t interest and dividend I n c ome from your U.S. 1040 or 1040A, Une 8b:I! or U . s . 1040EZ. 2 _ _ _ ; 2 ; ; _ , : . . , ; 9 ;! 3 Other additions to your Income. Attach Schedule M. 3 --,~7'1'1~~""'-i! 4 TotalinGOrRe. Add Ules 1 through 3. 4 2 , 6 5 9 , B 3 8 ~ S t e p I 3: B a s e l n c o m e ~ ~ ~ ~ ~ ~ : : ~ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ~ - = = = = = = = = = = = = = = ="g 5 Income received from Soc ia l Security benefi ts and certan retirementaI~ plans IfIncluded in Une 1.Attach f ederal page 1.;> 6 illinois Income Tax overpayment Included In U.S. 1040, Une 10.

7 Other subtractions to your Income. Attach Schadule M.Check If Une 7 Includes any amount from Schedule 1299-C.08 Add lJne$ 5, 6, and 7. ThIs Is the total of your subtractions. 8 " ' - - 7 O ! 2 . . . 1 - ' ,. .3 : r 4 l1 : ' " ; : ' 3 _ .t 9 ill inois"" IRGOIfte.SUbtract Une Strom Une 4. 9 2 , 6 33 , 4 9 5 S t e p l 4 :x e m p t i o n s == ~ === . : . . : : . = = . . . : : . . . - - - - - - - - - - - - . . : . . = = = ====10 a N um b e r of exemptions frem your federal return. 4 X 52.000 a 8 , 00 0 b If someone else c la im e d o r c ou ld h a v e cIaIrned youor your spouse l1 l i a dependent on their retum, see

I ns t ruc t ions to I I g I X G the n um b e r t o write he r e .C Check II85 or older. 0ou + Dpouse =d Check If legally blind:0ou + 0pouse = x 52,000 b _X $1,000 C _X $1.000 d _

~e~::=I:o~n:~:I~::~::~.Ad~d~Un~a~a~~~::~d~. ~ 1 : 0 _ = = = = = = = = 8 : = , = 0 = 0 = 0 = .Step~5: N e t Income~ 1 1 ResIdents Only:Net Income. Subtract Une 10 from Une 9. Skip Une 12. 11 2 , 6 2 5 , 4 9 5 .12 Nonresidents and part-yew residents Only:~ CIleck th e box that appl ies to you during 2008 DonnlSldent 0artyear resident, and'5 wrtte the illinois base InGOrnefrom Sell. HR. Attach Sch. HR. 12~ S t e p ~ T u - = ~ : : : : ~ : : : : : : : : ~ : : : : : : : : : - - - ~ = = = = = = = = = = = = - - - - - - - - - - - - -: 13i

BARACK H. OBAMAMICHELLE L. OBAKAC/O WINEBERG SOLHEIM ET AL, 180 N LASALLCHICAGO, IL 60601

5 ~=- __6 __ _ ' , . . . , ; 7 " ' ! ' . . ; ; ; , 9 . ; ; , 9 ~ 1 . . : . . .7 18,352.

Residents: Multiply Une 11 by 3% (.03).Write th e result here.Nonresidents end pert-year residents: Write the tax before recapture of Investmentcredits from Schedule NR.1 4 Recapture of investment tax credits. Attach Schedule 4255.15 Total tax. Add Unes 13 and 14. This amount may not be less than zero.

1 3 7 8 , 7 6 5 .-----"---1 4 ~~~=_15 78,765.-----"---11.1040_ 1(R12I08)ID:28X849001 OI2f.Ot

u..._"'_"'_1Iy IN Iglno lo "'-noT... Act. o _ . o t _ I n I _ . .REOUIRED.Flliluro~P I O V i c I O InIG1naIIon could ,oouIIln a P8ftAIIy. u...tarmas beenap""""", by IhO Few.... ~t Center. 1L-492.aD11!)

L


33/43

rBARACK H. & MICHELLE L. OBAMA16 To ta I taxamoun t f r omPage l ,Una15 16 7 8 , 7 6 5 .Step 7: Nonrefundable Credits -_:_-------------- - = = = = ~ = =17 In co m e ta x paid to a no th er s ta te whi le a n IW n o is I8 Sl de n t. A t ta ch

S ch ed ule C R and o th e r s ta te s ' r e t u rn s .Proper ty ta x and K1 2 e du ca tion e xp en ae cns dlt am ou nt fro mSch ed ule ICR . A ttach Sch ed ule ICA . 18 _ . . ; 1 ; : " ' t . , . 6 ; ; . ; 1 ; ; . 2 ; ; . . ; . . .CredIt am ou nt fro m Sch ed ule 12 9Q .C . A ttach Sch ed ule 1 29 9-C . 19 _Add lines 17, 18, end 19. Th i s Is th e to ta l o f yo ur cre dits . T his am ou ntm ay not exceed th e tax am oun t o n U na 16. 20 1,6122 1 T a x after n o n r e f u n d a b l e c:radIts. Subtract Una 20 !rom U ne 16. 2 1 - -- - : 7 = - '7 : -: -" 1 ; ' ; 5 = - 3 ; " ' : ; " .

Step 8:Payments and Refundable Credit - - - - - - - - - - - - - - - - _ - = ~ = = ~ = = =22 ID inoIs I n c ome Tax w ith he ld . A ttach W 2 and 1 09 9 fo nn s.23 Estimated payments from F o r m s IL 505 -1 and I L l 0 4 0 - ES ,Including overpayment applied f r om U ne 31 o f yo u r 2007 re tu rn .

Set~ ~254 Pass - t h r ough ent i t y tax p aym en ts . A ttach Sch ed ule K1 P o r KH .Earned In co me Cre dit fro m Sch ed Ule ICR . A ttach Sch ed ule ICR .s : : h l 2 6 Total payments and re fu n da ble c re dit. Add Unes 22 through 25.Step 0:OVerpayment or Underpayment ------------ _

27 Overpayment. If line 26 if greater than U na 21 , s u b tract U na 21 from U ne 26. 27 7 _ . 3 " " ' 0. . . . . . . .28 Underpeymen l l f U na 21 Is greater than line 2 6 , sub t rac t U ne 28 f rom U na 21 . 28

Step 110:Underpayment of Estimated Ta x Penalty and Donations ~=::.:=-----=~======29 Late payment penalty 'or unde r paymen t of estimated t ax . 29 Ch eck If a t le a st t wo -t htr O s of your federal gro ss In co m e Is 'ro m farming. -,O---,r------b Ch eck If you o r yo u r spouse are 6 5 o r older and permanently

l i v ing In a n u rs in g home.c Ch eck If y ou r In co m e w as n ot re ce iv ed e ve nly d urin g the year and yo u

annua l i z ed your Income o n F orm IL 2 21 0, o th erw is e we w ill f ig u re t hisp an alty fo r you . A tta ch F orm IL 2 21 0.

Y ou ca n make vo l u n ta ry c ha ri ta b l e donat i ons to m an y worthy causesu sin g th is form. It 's e as y Ju st co mp le te Sch ed ule G and e nte r th ed on atio n a m ou n t here, A ttach Sch edu le G . 3 0

31 -----------3~1~To ta l p en alty a nd d on aU o ns . Add U nes 29 and 30.Step 111:Refund or Amount You Owe ~ ~ . . . . : . : . . : . . . : . . = . . : . . . : . . - - - - - - - - - - - - . : ~ = = = = = = =32 If you have an o ve rp aym en t o n U ne 27 and th is a m ou n t Is greater than

Una 31 , subtract Una 31 f r om U ne 27 . Th is Is your r er na Ir in g O Y e f P 8 )' R 1 en t .3 3 Amount from lin e 32 you want re fu n ded to you.Direct 34 C om p le te to direct d ep os it yo ur re fu nd .I Depoi , 1 t I R ~ o u t I n g ; : . ; = : ;. n u : , : :; m b e r ; , : ; ; . - . " . - = - ~ - ~ - ~ - '15~-: : - ; ~ - = _= -= ? = _ ; ; ; : ; = = = ; : ; D ; : : = : : : : : ;C = h e c = = k I = : : n g = o r = = D ~ S a - v l n g s . , . . . . . . , .~- :: A cc o u n t n um b e r

Su b tract U na 33 from U na 32 . T h Is am oun t w ill b e applied to yo u r 2009 estimated tax.s..~ 36 If youhave an u nde rp aym en t o n U ne 28, add Unes 28 and 31 . or: = = If youhave an o ve rp aym en t o n U ne 27 and th is a m ou n t Is less t han Uoe 31,

~.... subtract UIe27 from U ne 31 . T h is Is the am ou nt yo u ow e . 36Step 112:Sign and Date =~====~== : . . : . : . . : = - = . : _ - - - - - - - - . . . . . : . : . . : : = = = ===

- ,17 _

22 5,892.----...;;...:....;;..;;.._-23 71,991-24---";"';:::;..t..=..:;..;::..;..2 5 ~

26 7 ; _ 7 : . . ! , " - . : : 8 ; _ : 8 ; . ; : 3 _ : . . .

DM A KE P G IV IN G " 3 0

EASY I

32 7 3 0 .----_..; ..---; : ;o-3 3 _ . . ; ; .O . ; , . .35 . . . . : 7 : , . ; : 3 ; . ; : 0 _ : . . .

U nd er p en aJU es o f p eliu ry, I s ta te that I h av e e xa mi'1 ed th is re tu m , and, to th e best o f my knoW ledge , I t Is tru e , c orre ct, a nd c om p le te .

Signherebiti s s r o p ; ; ; o ; c . p n o n o " u m b O I ' - ~ P f iPW& .FiHA .S SN .o rP iiN

If n o p ay m an t e nc lo sa d, m a ll t o:I L L I M O I S D E P A R T M E N T O f R E V E N U EP O B O X 10408 A L E S B U R G IL 814021040

I , " p ay m en t .n cl oal d, m i ll t o:= = = I LL INOIS D E P A R T M E N T O f R E V E N U eL..-__ --I S P R I NG F IE L D I L 82728 -000184 l1OO'l012&-09ID : 2BX

1I..1040lIIIgo21A.li!I08l D R A P E V R R

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r Ill inois Department of RevenueSchedu le ICR Illinois CreditsAttach to you r Farm IL-l040 12 I 2008Tax year end ingI L A t t a ch m e n t N o . 2 3Read this lrifonnation firstC om p te te th is sdleduls on ly If you are el ig ib le fo r th e illinois Property Tax Credit K -1 2 E d u ca ti on E ll p e ns eC re d it Earned Income Credit (EIC)

Y o u mu s t comp t e t e IL1040 th ro ugh U ne 16 and Sch ed ule CR ,If a pp llca bte , b efo re co m ple tin g th is s ch ed ule .

T h e to ta l am ou n t of Ill in ois P ro p erty T ax Crealt a nd K1 2Ed uca tio n Exp en se Cre dit can no t e xce ed tax. O nly th eE am e d In co m e C re dit may exceed t a x .

Step 1: Provide the following Information

BARACK H. MICHELLE L. OBAHAY o ur S oc Ia l S 9 C U r i t Y n um b e ro u r nam e as s h own on ycur Fo rm 1[1040

Step 2: Figure your nonrefundable credit1 W rite th e a mo un t 01 tax fro m y ou r ILl040, U n e 1 6 .2 W rite th e am ou n t 01 c re dit fo r ta x p aid to o th er s ta te s fro m yo ur IL1040, U ne 17 .3 SU btrac t U ne 2 fro m line 1 .

7 8 , 7 6 5 .2 '"R"l""'......~3 . . . ; . . . 7 , . ; ; . 8 . . . . . . . . ; . . . 7 , . ; ; . 6 . ; ; , . 5 . . ; . , '

SectIon A - I ll ino is Property Tax Cr ecn t4 a W rite th e to ta l amoun t o f i l l ino is Property Tax paid d urin g th e ta x

y(18r fo r th e real esta te that l ne iudes y o u r prlnclpel res idence .b W rite th e portion o f y o u r tax bU I that Is de du ct ib le as a b u sW l e s se l cpen s e on U .s . in com e tax fo rm s o r sch edu le s , e v en if you

d id not lake the f e de r al d e d u c ti o n.c S lJb tre ct U ne 4 b from U ne 4 8.d M u ltip ly U na 4c by 5 % ( .O S).

6 Compare U n e s 3 and 4 d, and w rite th e le sse r am ou nt h ere .S Su b tnact U ne 5 from U ne 3 .

4a __ _ _ _ ; 2 ; ; . . . . 2 . . . . . : , " " ' 2 ; . ; ; ; 3 . . ; ; ; 3 . . . ; . . .

~------~~~~4c 2 o : i ' 2 _ , o : i ' 2 o : i ' 3 ~ 3 - - .4d . . ; ; 1 ; ; . . : , : . . . ; 1 ; ; . . ; 1 = 2 _

6 _ _ , ; 1 ; ; ; .. : . .. , . ; ;, . 1 . ;; , . 1 .; ; ,. 2 _ .6 . . ; . 7 . . ; . 7 ~ ' . . ; ; . 6 . . : ; . 5 . . : ; . 3 ~ .

Se ctIo n Ell- K -1 2 Ed uca t io n Exp en se Cre ditINo t i IY . : l U mu s t a tta ch th e re ce ip t you re ce iv ed fro m yo ur s tu de nts ' sch oo lo r com pte te th e K-1 2 Edu ca tio n Exp en se Cre d it W orks h ee t o n page 2 o fthis s c hedu l e .7 a W rite the to ta l a m ou n t of K1 2 e du ca tio n e xp en se s fro m the r ece i p t

Y C l U rece ived f rom you r s tu den ts ' sd lo o l o r U ne 13 o f th e w orIu Ih ee to n page 2 o f th is s ch ed ule .

b y ,OUmay no t lake a cre dit fo r th e firs t $ 25 0 p aid ,e S lU b tract U n e 7b from U na 7a. If t he r es u lt Is n eg ativ e . e nte r Z8I'O d M ultip ly U na 7c by 25% (25). Co mp are th e re slJ t an d $500, and

vw l ta the l esse r art'1OU1l here.a Com pare U ne a 6 and 7d . and w rite th e le ss e r am ou nt h ere .

7a 4 7 , 4 8 8 .7b 260.007c 47,231L7d 500.a 500.

Sec tIo n C T o ta l n o n re fu nd ab le c re d it9 A dd l.i'Ies 5 and B . T h is Is your n on re fu nd ab le c re dit a mo un t. W rite this am ou nt o nForm ILl040, U ne lB. 9 . . . . . . ; ; ; . 1 , . : . , . ; ; . 6 . ; . ; ; . 1 . ; . ; ; . 2 . . ; . . . .

11..10.0 S c h o c Iu 1CR ( N . 1 2 1 0 8 1

t~~ ID : 2BX Continued on Page 2 ~PagelL _j


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rSchedule ICR - Page 2

Step 3: Figure your refundable creditEarned I n c ome Credit10 a Write the amount of federal EICas shown on your

U.S. 1040, Una 64a; us,1040A, line 408; orU.S.1040EZ, Una Sa.

b Multiply the amo u n t on Une 108 by 5% (.05).c 1I I Ino i e residents: Write 1.0.Nonresidents and part-year residents: Write the decimal fromSchedule-NR, Une 48.

d Multiply Una lOb by the decimal on Una lOc.11 Wri te the amount from Una lOd hera. ThIs Is your IUlncls

Earned Income Credit. Write this amount on Form IL1040, Une 25.

1 0 al O b

l O clOd

11 _

Section B Cont inued - K-12 Education Expense Credit Worksheellcontlnued fromStep 2, Section B)~ ICompiete only If you did not receive a recefpt fromyour stuclent's school.12 Coml)lete th e fo l lowing information fo r each of your qualifying students. If8student attended more than one qualifying school during the ealendaryear, please l ist separately. If you need more space, attach a separate piec;e o f paper following this format.

AStudent's name

a MAl,IA A OBAMAb NATASHA M OBAMA

B C D E FSocIal SecurIty Grade School name Schoolcily Total tuition,number (1(-12ani , ) I II K - 12 s c ha al s a ni , o r write (IL cltln only) bookIIab fees" h ame sch aa l ; II applicable)5 UNIVERSITY OF CHIC CHICAGO 2 4 , 3 1 7 .-2- UNIVERSITY OF CHIC CHICAGO 2 3 , 1 7 1 .

cde9h

13 Add the amounts In Column F for Lnes 128 through 12j (and the amo u n t s from Column F of anyadditional pages yo u attached). 1hIs Is the total amount of you r qualified educa t i on expenses forthis year. Write this amount hefe and on Step 2, Una 78 of this schedule. ~ 13 __ _ _ _ ; 4 ; . . ; 7 . . : . , . . ; ; ; 4 . . ; ; ; . . 8 . . ; ; ; . . 8 , ; , . .

ThiG IomI I I aulhorlted 110_by 11MIIIiftoIa 1_ TIl>l IIct . DI8cIoGutttol ll llG 1nI_1Ion Ie REQUIREO. Fail",. top -_ could "",ullin a penalty. Tltllloml has by !he FIImIG__ , Center. 1L. 9Z-4553~~2'2.'~ ID : 2 BX 11.'040ct>_ICR,. . .2J081

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ril linois Department of Revenue2008 Schedule M Other Additions and Subtractions for IndividualsA ttach to your F o rm IL 1 0 40 IL . A t t a c hmen t N o. 1 5Read this infonnation firstComp le te th is sched l Je I f y ou ar e re qu ire d to a dd c er ta in I nc o m e on Form IL 104 0 , U ne 3 , o r" yo u ar e e nt it le d t o lake s ub tr ac tio ns o nFonn1L 1040 , U ne 7.I l! i iJ "you a re r eq u ir e d to co mp le te Sch edu le 1 29 9C, Sch ed ule F , o r F o nn I L -4 56 2 , you mu s t do 80 b efo re yo u c om p le le this schedu le .Step 1: Provide the following InfonnatlonBARACK H. & MICHELLE L. OBAKA

You r S O C I 8 I s e c u r i t Y numbe r .o u r r an e 88 shown o n Form I L l 0 40 .Step 2: Figure your additions for Fonn IL-1040. Une 3Write the amo u n l of1 YOUI I 'ChUd'sfederally tax-exempllnterest and dividend In com e 88 reported o n U . s . Fo rm 8814 1 _2 D Is tlib u tiv e s h are of ad ditio ns yo u re ce lv ad fro m a partnership, S co rpo ra t i on , t rus t , o r es la l e .A t ta c:h S ch e d ule K ' P o r Schedu le K H . 2 _3 W ith dra wa ls yo u m ad e from you r Med ica l Care S av in gs A c co u nl , and th e I n t e r e s t e arn ed , "n o t I nc lu d e d In yo ur ad ju ste d gro ss In co me 3 _4 l Ioyds p isn o f operations 1oss ,I f reported on your b eh alf o n F onn L 1023-C and In clu ded Inyou r ad j us ted g ro ss In co m e 4 _5 Earn in gs d is tr ib ute d In 2008 fro m lA C Se ctio n 5 29 co lle ge sav ings an d tu itio n p rogn un s If no l i nc l udedIn YCIUfad lUs ted g ro ss In co m e C O o no t In clu d e d iS lIIb u IIo n s f ro m B rl gh t S ta rt , "Br Igh t D I r ec tI o n s, " o r"Col lege IWnoIs p rograms or prognwns t ha I meel certain d i sc l o su r e requirements see i n s t r uc t i on s . ) 5 _6 l l i n o i s &pee I a I dep r ec i a t i on addillon amount from Fonn 1l-4562, S t e p 2, U n e 4 . A tta chFomlIL-4562. 6 _7 Business expen se recapture (non r e s i d en t s only) 7 _8 RBC lsp tu re of d ed uctio ns fo r co ntrib utio ns to IID no is coDege s av in gs p la ns tra ns fe rre d to a n o ut-o f-s tate p la n 8 _9 ethEl r In co m e Id e nt if y each I tem 9 _10 Add lin es 1 th ro ugh 9 . Write th e am ou nt h ere and o n Fonn I L 1 0 40 , U na 3 . 10 _Step 3: Figure your subtractions for Form IL-1040. Line 7Wri te the amo u n t o f11 C o n 1 l r 1 b u t i a n a m ade In 2008 to th e fo l low ing co l l ege sav ings plansa "Br l f :Jh t Start CoOege SavIngs Poolb " Co ll e ge I DI no Is PrepaId T U i tI on P r o gr amC "B rlf:1 ht DinIctIons" C olle ge S av in gs P oo l12 DIst r ibu t ive share of subtraCtIons fro m a p artn el1 lh lp , S co rp oratio n, tru st. o r e state . (Do no t

IncI lJ lde any amo u n t s con ta ined In l ine 2 3 o f t h i s s ch ed ule .) A ttKh S ch ed ule K1 P o rS ch IK lu le K 1 T .

13 Res t o r a t i on of amo u n t s h eld u nd er cla im of r ig ht u n de r In te m al Reven ue Code , Section 134114 Con l t r l bu t l ons to a J ob tra in in g p rc je ct15 ExpElnses related to federal credits or federally tax-exempt I n c cme16 I n t e r e s t eamed on i nv e st m en ts t hr ou g h the H om e O w ne rs hip M ad e Ea s y Program17 n l lno is s pe c: ia l d ep re ci at io n s u bt ra ct io n a m o u nt f ro m Fonn IL -4 56 2. S te p 3 . U n a 10.Attach F o rm I L - 4562 .18 Add Unes 1 1 a through 1 7 and write th e am o unt h e r e and on Pag e 2 , U na 1 9 .

11a _11b _11c __

12 _13 _14 _15 _16 _17 _18 _

11.104D SdIeduIe M _ 1 (R12101!)84_1 12.1~ 1 0: 2 BX

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rBARACK H. & MICHELLE L. OBAMAStep 3: COntinued19 W rite th e a mo un t from P age 1 , U le 18.W rite th e fo llo win g o nly If In clu d ed In Form IL 1 04 0. U ne s 1 . 2. o r 3:20 Military pay earned. A t tach mil i ta ry W 2 .21 u .s . T r ea su r y bond s , b i ll s . n o te s, s av in gs b on ds , an d U .S . a ge ncy In te re st fro m U .S . 1 04 0. S ch ed ule B . o r

U .S . 1 04 0A , Schedu le 1 SEE STATEMENT 222 August 1 , 1 96 9, v alu atio n lim ita tio n a m ou nt fro m you r Sch ed ule F , line 1 7 . A ttach S ch e du le F andre qu ire d fe d era l f orm s .23 E nte rp ris e o r r i ver e d ge r ed e v elo p m e n t zone an d h igh Im pac t business d Md en d s ub trac tio n am ou nt

from y ou r Schad .. 1299 -C . S te p 2 , line 7 . A ttach S ch ed ule 1 29 9-C .24 Rec o v e r y o f ite m s previously d ed uc te d o n U.S . 1 04 0, Sch ed ule A ( Inc luding re fu nd s o f an y s ta te andlocal In co me taxe s , o th er th an Im no ls ) . A ttach a co py o f U .s . 1 04 0, P age 1 , and re qu ire d fe de ra l fc nn s.

25 Rldesharing mon e y and o t h e r beneIIIa26 P a yme n t of l i fe In surance. endowmen t . o r annu i t y benefib received27 You r em p l o y e r' s c o n tr b u tl o n s made o n your beha l f to an accoun te sta blis he d u nd er th e M e dica l C are S av In gs A cc ou nt Act a nd th e In te re st e am a d28 U oyd s p lan of operations I n c ome If re po rte d o n yo ur b eh alf o n F on n IL 1 02 3-C

29 I n c ome earned by certain tnJat acco un ts e sta blish ed u nd er th e IUino ia P r e -NeedCemete ry Sales Act30 Educat i on loan repayments m ad e fo r p rim ary c are p h ys ic ia ns who a gre e topract ice In des igna ted shortage a re as u n de r the Fami l y Practloe Res I d ency Act31 R e pa ra tio ns o r other a rn ou n ts l1 !C 8lv e d a s a v lc ttm o f persecution by Na z i G e rm a n y32 In te rn st o n the following t a x - e x emp t obDgations o f il li no is s ta te and lo ca l go ve rn m en t. D o no tI nc lu d e I n te r es t you re ce iv ed In dlra ctly th ro ugh o wn in g s ha ra s In a mutual f u n d .

a 1 I0n ois Housing Deve l o pmen t Authority bond s and n o te s ( ex ce p t h o us ln g-re la te d c om m e rc ia lfaci l i t ies bonds and no tes )

b Export Deve l o pmen t Act of '983 bondsc I IH no i s De ve l o pmen t FInance Autho r I ty bonds, notes. and other ev idence of obligation

(vent1L1f8 fund and Inf rastructura bonds on ly )d Q u ad l C ItIe s RegIonal e co n om ic D ev elo p m en t Authority b ond s an d n ote s ~ , d ecla re d to be

e xe m p t fro m ta xa tio n by the Authority)e Col lege S av in gs b o nd sf IIH n ois S po rts F ac U It le s ~ b o n d s9 H lgtM w e du ca tio n S tu de nt A ss Is ta nc e Act bond sh il lin ois D ev elo pm e nt fin an ce Authority b on ds Is su ed u nd er the l lt in o ls D e v e lo pm e n t

Finarl lce Author1ty Act, SectIons 7.80 through 7.87Rura l l Bond Bank Act b on ds a nd notesmlno l s Development F in ance ~ b ond s Is su ed u nde r th e A s b e s to s A b a tem en t F in ance Act

k Q u ae l C itie s In te rs ta te Met r opo l i t an A u th o rity b o nd sI Sou t I~ tem llinois Development Authority b o n d sm 1~lnois finance Au tho r i ty b o n d s iAued u n d e r the i ll in o is F i na n c e Pilthority Act, S ec tio ns 8 20 .6 0 and825.55 o r the A s be sto s A b ate m e nt Fnance Act33n te n lS t o n the fo llo w in g n o n.tJ .S . g ov e rn m e nt b o nd s.

a BondIs Issued by the go ve r nmen t of Guamb Bonds Issued by t he g ov e rn m e n t of Pue r t o Ricoc Bondis Issued by the go ve r nmen t o f the V i rg in I sl an d sd B o n d s Issued by the go ve rn m en t o f Amer ican S amo ae B ond s Iss u ed by the go ve r nmen t of the No r t h em Mariana I s l andsf M utu al m ortgage In su ran ce fu nd b on ds34 A mou n t o f you r ch ild 's in te re st fro m U .S . TRRU lU r y and U .S . a gs l1 G Y o b lig atio n s o r

from s o u rce s In U ne 32 o r 3 3 as re p o rte d on U .s . F o rm 881 436 Ra Il ro a d u n 8 fT l) lo yman t I nc ome36 A dd U nes 19 through 35 . W rite th e am ou nt h ere and o n F orm IL1040. U na 7 .llIIs_1a by IhO IIIIncII_a Tax Aa.D_a ..._ REQUIRED. Failure 10provideI n Ionnadon . . .. . . d _u

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