Sep 12, 2008 3:53 pm US/Eastern
Biden Financial Records 1998-2007
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Vice Presidential nominee Sen. Joe Biden, carries two ice cream cones from the Windmill Ice Cream Shop in Aliquippa, Pa. on Aug. 29, 2008.
Saul Loeb/Getty Images
Democratic vice presidential nominee Joe Biden and his wife on Friday
released a decade of their personal financial records, showing a
veteran U.S. senator who earned less than many of his congressional
colleagues.View the year's below for more:
2007
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$319,853 ($71,000 income from "royalty property"; $66,546 - Jill Biden's
teaching job; $20,500 - Joe Biden's teaching job; $161,708 - Joe Biden's Senate
salary)
--AMT:
$2,721
--Deductions:
$26,516 in state/local/real estate taxes; $38,712 home mortgage interest; $995
"Gifts to Charity"
--Interest: $99 from
various sources
(According to his
financial disclosure form filed with the Senate, he also received a $112,500
book advance from Random House and he donated $1,025 in honoraria from Letterman
and Bill Maher to
charity)
2006
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$248,459 ($66,204 - Jill Biden's teaching job; $20,500 - Joe Biden's teaching
job; $161,675 - Joe Biden's Senate salary)
--AMT:
$1,158
--Deductions:
$21,790 in state/local/real estate taxes; $38,724 home mortgage interest; $380
"Gifts to Charity"
--Interest: $80 from
various sources
(According to his
financial disclosure form filed with the Senate, he also donated $800 in
honoraria from Bill Maher's show to charit
2005
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$321,379 ($81,250 from "Sterling Lord Literistics"; $60,509 - Jill Biden's
teaching job; $20,500 - Joe Biden's teaching job; $159,031 - Joe Biden's Senate
salary)
--AMT:
$1,299
--Deductions:
$23,573 in
state/local/real estate taxes; $35,629 home mortgage interest; $380 "Gifts to
Charity"
--Interest: $89 from
various sources
2004
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$234,271 ($58,078 - Jill Biden's teaching job; $20,500 - Joe Biden's teaching
job; $155,165 - Joe Biden's Senate salary)
--AMT:
$0
--Deductions:
$17,333 in state/local/real estate taxes; $32,036 home mortgage interest; $380
"Gifts to Charity"
--Interest: $129
from various sources
(According to his
financial disclosure form filed with the Senate, he also donated $1,000 in
honoraria from Turner Classic Movies show to charity)
2003
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$231,375 ($58,672 - Jill Biden's teaching job; $20,500 - Joe Biden's teaching
job; $151,964 - Joe Biden's Senate salary)
--AMT:
$0
--Deductions:
$16,834 in state/local/real estate taxes; $39,790 home mortgage interest; $260
"Gifts to Charity"
--Interest: $21 from
various sources
(According to his financial
disclosure form filed with the Senate, he also donated $800 in honoraria from
Bill Maher's show to charity)
2002
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$227,811 ($58,124 - Jill Biden's teaching job; $21,867 - Joe Biden's teaching
job; $147,534 - Joe Biden's Senate salary)
--AMT:
$0
--Deductions:
$16,044 in state/local/real estate taxes; $37,373 home mortgage interest; $260
"Gifts to Charity"
--Interest: $30 from
various sources
2001
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$220,712 ($145,100 - Joe Biden's Senate salary, $19,133 - Joe Biden's teaching
job, according to previously released financial disclosure
forms)
--AMT:
$0
--Deductions:
$15,574 in state/local/real estate taxes; $38,753 home mortgage interest; $360
"Gifts to Charity"
2000
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$219,953 ($141,300 - Joe Biden's Senate salary, $20,500 - Joe Biden's teaching
job, according to previously released financial disclosure
forms)
--AMT:
$0
--Deductions:
$15,085 in state/local/real estate taxes; $38,123 home mortgage interest; $360
"Gifts to Charity"
--Capital Gains: -$1
(sold 8 shares of Compaq for $214, cost basis of $215)
(According to his financial
disclosure form filed with the Senate, he also donated $2,000 in speaking
honoraria to charity
1999
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$210,797 ($49,769 - Jill Biden's teaching job; $20,500 - Joe Biden's teaching
job; $136,700 - Joe Biden's Senate salary)
--AMT:
$0
--Deductions:
$14,764 in state/local/real estate taxes; $35,875 home mortgage interest; $120
"Gifts to Charity"
(According to his financial
disclosure form filed with the Senate, he also donated $2,000 in speaking
honoraria to charity)
1998
Joseph R.
and Jill T. Biden joint tax return
--Total income:
$215,432 ($136,700 - Joe Biden's Senate salary, $17,800 - Joe Biden's teaching
job, according to previously released financial disclosure
forms)
--AMT:
$0
--Deductions:
$20,195 in state/local/real estate taxes; $52,065 home mortgage interest from
Sun National Bank, Wilmington, Del.; $195 "Gifts to Charity"
--Interest: $4,604
from various sources, the two largest being the U.S. Treasury ($3,220) and the
State of Delaware ($1,100)