Vice-President Biden's 2005 Tax Return

8/2/2019 Vice-President Biden's 2005 Tax Return

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E1 5U-Label(Seeinstruct ionson page 16 . )U se tile IR Slabel.Otherwise ,p le as e p ri ntor type.PresidentialElectionFiling StatusCheck onlye b ox .Exemptions

II mare th an fo urdep e n d e n ts ,se e page 19 .

Income 78aA tt ac h F o rm (s } bW -2 h er e. A ls oattach Fo rms 9aW -2G an d b1 099 -R lt tax 1 0VIas wi thhe ld . 1 1If yo u d id n a t 12geta W-2, 13se e page 22 . 1415 aEnc l ose , bu t d o 16 an a t a tta ch , a nyp ay me nt A ls o, 17p le as e u se 18F orm 1 04 0-V . 19

20a21

Adjusted 2 4Gross 25Income 26

272 82 93031 a3233343536

Single[Xl M ar rie d filin g jo in tly ( ev en if o nly o ne h ad i noome)

3 Dar r ied nUn g separately.E nter s po us e's S SN ab Qv e'6ab~~~~~===============r==============~====~==~=====nrrn~~c D e pe nd en ts : (2)DapWl.denl'ssoolol (~~I~~::~n~ss .ocu~ ly . numbe r yo u

o.n6aand abNo. 01 childreno n e D w hc : liV Id wflh you __ d id nol li "" wllhyoti due to dive,,",Dr soparatione"".page20)

el) F ir s ! n a m a narne

D.pendent:. on B~n ot s n te Ji ed a b ov e

Wages , s a la ri es , lips, etc . Allach fo rm (s ) W -2Taxab le in terest ~ lIach Sch ed ule B if requiredTax-exemplln te res t D o 1101 include o n l ine Sa .O rd in ary d iv id en ds . A lla ch S ch ed ule B i f requ ired ..Q ua lified d iv idend s (see page 23) : .Taxable r et un d s, c re di ts , or o ffs ets o f stale an d lo ca l income taxes ; ..Al imony rec e iv ed : : : .B us in es s in co me o r (lo ss ). A ttac h S ch ed ule C or C - E Z .Ga pi ta illa in o r ( la ss ). A t t a c h Schedu le D if required. 1 1n ot re qu ired , c hec k h e r e I I I ' -O ther ga ins o r (lasses). Allach F orn i 4 797 , ..I RA d i s tr i bu t io n s 1 15 a I I b Ta.xableamount(see pagePens io n s a n d a n n ui ti es 1 6a b Taxab le amou n t ( se e p ag eR en ta l re al e aia ts , r oy altie s, p artn er sh ip s, S c or po ra tio ns , t rus ts , etc .. A llach Schedu le E : . ..Farm in co m.e o r ( la ss ). A tta ch S ch ed ule F ..Unemploymen t c ompensation .SO I: ;a l s e cu r it y b e n ef it s I 20 a I I b T ax ab le amou n t ( se e p ag eO th er in co me. L is t type an d am ou nt (s ee page --1------------------;--1Educato r expen ses (see page 29) '1 " !", J -, , .Certain business ex.pen sss or ra5elVis~ pedorm ng art . ot51 at\[] fee---l:Ia5IS governmentoWoiafs. Atlat:!1 Form 2106 or 2105EZ _ .Health sav in g s a c c o u n t deduc t ion . A tt ac h F or m 8889 ..Moving e xp en se s. A tt ac h Form 3903 : .One-ha l ! of s el f~ employment t ax . AttI.ch Schedu le SE : .Se lf-emplo yed SEP,.S IM PLE, and quaH fied plans .S e lf -em pl oy e d h e al th i n su r an c e d ed uc u on (s ee page 30) .' .P en a lt y a n earty w ith d raw a l o f sav in gs ..Alimony pa id b Rec ipien t's SSN I I I ' - - - - - '_ - - - ' ' - - _IR A deduc t ion ( see page 31 ) .Studen t lean in teres t d edm:H on (see page 33) __ ..T uitio n an d fees dedu ctio n (s ee page 34) ~ .D omes tic p roduc tion ac t iv ities dedu c tion . Allach Form 8903 ..Ad d l ines 23 th ro ugh 3 1a and 32 th ro ugh 3 5 _ _ .

LH A For Disclosure, Privacy Act , and Paperwork Reduct ion Act Not ice, see page 1 8 . Perm 1040 (2005)


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Form 1040 (2005)38 A mo un t fro m lin e 3t(a dju sted g ro ss in co me ) i"'"'""'"'-'==4-+-!;.!:!..+---:=!..f,~.L..>


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4

OMS No : 1 1; 4 5- 11 07 4SCHEDULES A&B(Form 1040)N om c(s ) s ho wn o n F OIT 1l 1 04 0

Schedule A - Itemized Deductions(Schedule B is on page 2)

~'Attach to Form 1040. ,.._See Instructions for Schedl.des A&B (Form 1040).

JOSEPH R. BIDEN JR. & JILL T. BIDENMedicalandDentalExpensesTaxes YouPaid(SeepageA-2.)

Caution. D o n o t in o lu d e expensesr ei mb u rs ed o r p aid b y o th er s, .::-1

380.

1 Medical and dental expenses (see page A2) - T j _ ..2 Enter amount from Form 1D 4 1 ? , line 38 __ 2 -I '.3 Mult ip ly l ine 2 by 7:5% (.07S) ",3::....J'-_-I- __ ..,---14 subtract l ine 3.from line 1:If line 3 is more than l ine 1, enter -0 - .. _ .5 State and local (check only one box): ',.'-.

a [X] Income taxes, or -} /,;:b 0eneral sales taxes (see page A-3) 1 - - " ' - 5 - 1 - _ - - - = 1 ' . f ' 5 " - ' - < . . : : : :5 , - , 4 " " S " ' - ' - I .

6 Real estate taxes (see page AS) 1-6~__ - - F S ' - - " < - = O - " 2 : . . : : 5 ~ .7 Personal property taxes - : 1---7-t----f-------la Other taxes. list type and amount -.-;'~ - - - - - - - - - - - - - - ~ - - - - - - - - - - - - - - - - - - - - - -- - - - ~ - ~ - - - - - - - - - - - - ~ - - - - - - - - ~ - ~ - - - - ~ -8 23 573.Add lines S through 8 -. -. __ , . _ ._ _ __._ .. 9

lnterestYou Paid{Seepage A5.)Note.Personalinterest 1 .8notdeductible.

11

10 Home mortgage interest and points reported to you on Form 1098... .. .. .. .. .. .. .. .. .. .. . 10 3 5 -' 629 11 Home mortgage interest not reported to you on Form 1098. If paid to the 'person : ' i i ;from whom you bought the home, see P9ge A--6and show that person's name" ,._',.,identifying no. , and address ,"'.'.n .~ ~ _ _ . . . . . . . " ~ _ _ _ _ _ _ _ _ i ~ ; - ,12 Points not reported to you on Form 1098 ,........................... 1-1'-"'2+_ 1-__ ---i13 Investment interest. At tach Form 4952 if required. (See page AB.) ...._................... ,___1:.::3:.J...._ i-_--;---i14 Add lines 10 through 13 ___ ~ .. .. __ . 14 35 629.

Gifts toCharity

' If you madeag i f t and go t ab e n e f r t lor it ,s ee p ag e A-7.

15a Total gifts. by cash or Check. 1501 380 b Gifts by cash or check after August 27., 2005, that you 11 1 }~;elect to treat as quaHfied contributions h 5 b l ' : : ; ' ; : - -

16 Other than by cash or check. If any gift of $250 or more, se_epage A7.You must attach Fon:n 8283 if over'$500 : 1-1""s'-t---i------i

. 17 Canyover from prior year ._1:.:7...L.._ +-__ .--I18 Add lines 15a, 16, and 17 1819 Casual ty or theft loss{esl. Attach Form 4684. (See paae A8.l_ .._ . ____ 19

J o b E x pe n se sa nd C e rt ai nMis ce l l a neou sDedu c t i o n s

(See,pElgeA-B.)

20 Unreimbursed employee expenses - job.travel. union dues, job educatio'n, etc.Attach Form 2106 or 2106EZ if required. (See page AB . )

~ ---------- ------------ --- -----_._----- 20- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -21 . Tax preparation fees :................. 1-:2=-:1"1-_"_''----''_'..2 Other expenses- investment, safe deposH: box, etc. Ust type and amount~ - - - - - - - - - - - - - - - - - - - - - - - - - - ~ - - - - - - - - - -

22~ :!;i::o~~:::~g;0:;~:ii~~38:::::::::::::::::::::::::::::: .. j 2 4 i . . 1 - ' 2 3 " ,. "1-_"_'---"_'25 Multiply line 24 by 2% (.02) : : __ L!25"''''--_.._,r--....,...._,26 Subtract line 25 from line 23. Jfllne 25 Is more than line 23, enter {J. . _ .. 26

OtherMiscellaneousDeductions

TotalItemizedDeductions

27 Other- from list on page A9. list type and amount~-------------------~-----------------------

2B Is Form 1040, l ine 38, over $145,950 (over $72,975 if married f il ing separately)? , y ( : _DNo. Your deduction is ~ot limited. Add the amounts in the far right column } . ,',"for rmes4.through 27. Also, enter this ell'letft'lt-en'Form 1040, Ilne 40. ~ 28 54 : 3 1 : 9 .29 I~ : e : ~ t o~~~~~:~:~o~~e~:;~:e!;;!.~~~~~9y:~r~~n~;~~~~~~:o~~;heck h~:~""""" ~D~ ~ ~ ~ ~ ~ S ~ . t j . t N;1~in5 LHA For Pape/Work Reduction Act Notice, see Form 1040 lnstructlons, Schedule A (Form 1040) 2005


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- -Sch.dules A& B (l '0/Tf] 1040) 2005 , OMB No. 15~5-OO74 Pall" 2Name(s) snOIV!1 on Form 1040. Do not enter name ""d soci al s=lty numb!!( If , ,;,own en page 1. Yo"r scdal security number

JOSEPH R. BIDEN JR. & JILL T. BIDEN . . . .chedule B - Inter~st and Ordinary Dividends _mont 08S eq ue nc e N O '.

Part I 1 Ust name of payer. I f any interest Isfrom a seUarf inanced mortgage'and the buyer used the AmountInterest property as a personal residence, see page B-1 and list this interest f irst. Also, show that

buyer 's social security number and address ~NEW CASTLE SCHOOL EMPLOYEES CU 24.U.S. SENATE FEDERAL CREDIT UNION 14.WILMINGTON SAVINGS FUND SOCIETY FSB 51.Note. If youreceived a Form1099INT,Fonn 1099010, 1or substitutestatement froma brokemge firm,list the firm'sname as the,payer and enterthe total interestshown on thatform.

"

2 Add the amounts on line 1 0 0 00 0 0 ~ , 0 ow .. ..... .... ..... .... ... ' 2 89.a Excludable interest on series EEand I U.S. savings bonds issued after 1989.

Attach Farm 8815 .a 9~ 4 u __.................................... u..... 34 Subtract line 3 from f ine 2. Enter the result here and on Form'1040, l ine Ba . . . . . . . . . . . . _ ........... _ - . . . . 4 89.Note . If line 4 is over $1 ,500, you must complete Part Ill . Amount

Part II 5 Ust name of payer ~OrdinaryDividends

Note: If youreceived a Form1099DIVorsubstitutestatement froma brokerage firm,list the frrm's 5name as thepayer and enter ..the ordinarydividends shownon that farm.

6 Add the amounts on line 5. Enter the total'here and on Form 1040; line 9a ~.~. . . . . . . _ .- - .. . ,. . . . . . . . . . 6Note. If line 6 is over $1 500, vou must oomolete Part III.

Part III You must complete this part if you {a} had over $1,500 of taxable lnterast or ordinary dividends; or {ll had a foreign Yes NoForeign account: or [c) received a distribution from or were aqrantor of or a transferor to a tore ion trust.Accounts 7a At any time during 2005, did you have an interest in or.a signature or other authority over a f inaJ cia! - i . . - _ . '. '.and account in aforeign country, such as a bank account, securit ies account, or other f inancial ace unt? ................. XTrusts If'Yes; enter the nameof the foreign country ... '.b '. "".8 During 2005, did you receive a dist ribut ion from, or were you the grantor of, or t ransferor to, a fc reign trust? ..5271101 If "Yes," you may have to f ile Form 3520. S aB page 82 ........ "" ...... " ..... ,..,........ " ...... X1~H)5 _ , _. ~ ~ ,. r~T"" ~ ___ __ " .LHA For Paperwork Reduction Act Notice, see Form 1D40_instructions. Isc~edUle 8 (Form 1040) 2005


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F~ 6251 0 - - Attach to Form 1040 or Form 1040NR:

Alternative Minimum Tax - lndlviduals(FIav. January 200B)Department of th.TrBaSUJyI nt em . al R tt ve nu e S er vr mName(s) shown on Form 1040

OMB No. 1545-0074

20Your sncial securi\Ynumber

1 II filing S?,,,duleA(F


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I Part 1111Tax Com_Q_utation Using_Maximum Capital Gains RatesForm 6251 (2005)(Rev. 12006) JOSEPH J:L BIDEN JR. & JILL T. BID~NPage 2

36 E1iter the amount from Form 6251, line 30 ~ _ .37 E nterth e a m ou nt fro m lin e 6 of the Quarrf ied D Iv id en ds a n d C a p it al Gain Ta x '~~~:.~

Worksheet in the instructions for Fonn 1040, line 44, or the amount from . { ~ ; ; ! ; :nne 13 of the Schedule D Tax Worl


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SCHEDULE H(Form 1040) Household Employment Taxes(For Social Security. Medicare, Wrthheld Income. and FElde~1Unemployment (AlTA) Tax s).... Attach to Form' 1040, 1040NR, l040-SS, or 1041.

~ See separate instructions.Depar tment of IhB Treas"'YInlema!AovonuGS"",i"" (ll9)

8

OMSNo: 154519712005

Name of employer

JOSEPH R. BIDEN JR.

S cial secuTity numberE :nployer identification number

5 1 - 0 1 8 8 0 3 2A Didyou pay anyone household employee cash wages of $1 ,400 or more in 2005? (If any household employee v [as your spouse, your chi.ld

under age 21, your parent, or anyone under age 18, see the HneA i_nstructions on' page H3 before yo u answer t~rs-question.)00 Yes. Skip lines 8and C and go to line 1.D No. Go to l ine B.

B Didyou withho. ld federal income tax during 2005 for any household employee?Des. Skip line C and go to line 5.oNo. Go to Une C.

C Did you pay total cash wages of Sl.000 or more in any calendar quarter of' 2004 or 2005 to aU household I1mpl yees?(Do not count cash wages paid in 2004 or 2005 to your spouse, your child under age 21, .oryour parent.) ..0No. Stop. Do not file this schedule.o Yes. Skip lines '9 and go to fine 10 on page 2. (Calendar year taxpayers having no household employebs in 2005do not nave to complete this form for 2005.)r Part !] Social Security, Medicare, and Income Taxes

1 Total cash wages subject to social security taxes (see page H4) . . .. . .. . . .. . .. . .. . .. . 1 ' - -1 ~ 1 ~ 5 ~ 1 ~ 7 " " ., . _ _ , . ; ? i : ;2 Social securtty taxes. Multiply line 1 by 12.4% (.124} ..3 Total cash wages subject to Medicare taxes (see page H-4) I L - 3 ~ I L - - - ' 5 " ' - < - ' 1 " - 7 - ' - = ' 5 ' - . " I $ { ; ? : ; ~4 Medicare taxes. Multiply line 3 by 2.9% (.029) , : .

2 642.

4 1 5 0 .

6 Total social security, Medicare, and income taxes (add lines 2, 4, and 5)5Federal income tax withheld, if any t-=5-1----------

6 7 9 2 .

8 Net taxes (subtract Une7 from line 6) ..7 Advance earned income credit (E1C)paymen~, if any 1 I-.!.7 --+ _

9 Did you pay total cash wages of $1.000 or more in any calendar quarter of 2004 or 2005 to household employees~(Do not count cash wages paid in 2004 of 2005 to your spouse, your chi ld under age 21. or your parent.)

7 9 2 .

Do. Stop. Enter the 'amount from Une 8 above on Form 1040, line 62. If you are not required to file Form 040, seethe l ine 9 instruct ions on page H4.[X] -Yes. Go to l ine 10 on page 2.

Schedule H (Form 1040) 2005HA For Privacy Act and Paperwork Reduction Act Notice, see separate instructions.

51U3511'2~-


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10 Old you pay unemployment contr ibutions ' to only one state? (If you paid contribut ions to Nsw York State,check "No.") ~ : .

11 Did you pay all state unemployment contributions for ~005 by April 17,20061 Hscal year filers, see page H412 Were all wages that are taxable for FUTA tax also taxable for your state's unemployment tax? .

13 Name of the state where you paid unemployment contributions ~. DE14 Stale reporting number as shown on state unemployment tax retum ~ " , 5 : . . . ; 8 = 3 ' - ' 2 " , , 6 : : . . . . - _ 0 " ' - - - - ' _15 Contributions paid to your state unemployment fund {see page H4) .16 Total cash wages subject to FUTA tax (see page H4) ..

to n n e 26

state

{blS ta te r .a p cr tl ng n um b !V "as shown en stat.unemplDymenl laxrotum

(c)T a xo b le w a ge s ( asdafinod In..tate act) \----''--,----1 Statsexperiencera t . .

(g)f}MultiplY col. (e)by.054

19 Totals ..20 Add columns (h) . and (i ) of line 19 : .21 Total cash wages subject to FUTAtax (seethe line 16 instructions on page H4) ..

22 Multiply line 21 by 6.2% (.062) ".' : ..23 Multiply line 21 by 5.4% (.054) : .2 4 ~ ~ :~ : : k s ; : ~ : : ~ : : ~ : ~~~eu!! th~~~~k;h~~~~~.~.~~~~~.~;~cti~~;~d~h~.~kh~;~i""D"""""26 Enter the amount from line 8

27 Add Hne17 (or line 2S) and line 26 .2B Are you required to m e Form 1040?. [XJ Yes. Stop. Enter the amount from l ine 27 above on Form 1040, l ine 62. Do not complete Part IV below.

code

no.

Under ponalties or porjUIY.1


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JOSEPH R. BIDEN, JR. & ---uL T. BIDEN -AGES RECEIVED AND TAXES WITHHELDORM 1040 STATEMENT 1

FEDERAL STATE CITYAMO~T TAX TAX SDI FICA MEDICARE

EMPLOYER'S N A M E PAID WITHHELD WITHHELD TAX W/B TAX TAXSTATE OF DELAWARE 60,509. 7,340. 2,619. 4,246. 993.

I WIDENER UNIVERSITY 20,500.- 1,467. 676. 1,271. 2 9 7 .1 UNITED STATES SENATE 159,03i. 33,196. 7,129. 5,580. 2,306.'OTALS 240;040. 42,003. 10,424. 11,097. 3,596.

STATEMENT(S) 1


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JOSEPH R. BIDEN, JR. & ---r..L. EIDEN

'ORM 1040 EXCESS SOCIAL SECURITY TAX WORKSHEET 2STATEMENT

1. ADD ALL ~OCIAL SECURITY TAX WITHHELD BUT NOT MORETHAN $5,580.00 'FOR EACH EMPLOYER (THIS TAX SHOULDBE SHOWN IN BOX 4 OF YOUR W-2 FORMS). ENTER THETOTAL HERE . . . . . . . . . .

2 . ,ENTER ANY UNCOLLECTED SOCIAL SECURITY' TAX ON TIPS ORGROUP-TERM LIFE INSURANCE INCLUDED IN THE TOTAL ONFORM 1040, LINE 63

SPOUSE

6,851. 4,246.

3. ADD LINES 1 AND, 2 E,851. 4,246.4. SOCIAL SECURITY TAX LIMIT . . . . ~,580. 5,580.5. SUBTRACT LINE 4 FROM LINE 3. EXCESS SOCIAL SECURITYTAX INCLUDED IN FORM 104 0; LINE 67. . . . . 1,271. O

STATEMENT(S) 2


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I..Os'EPH R" BIDEN, JR. & -LL T. BIDENrORM 6251 EXEMPTION WORKSHEET

58,000.

STATEMENT 3

ENTER: $40,250 IF SINGLE OR HEAD OF HOUSEHOLD; $58,000 IFMARRIED F+LING JOINTLY OR QUALIFYING WIDOW(ER)i $29,000IF MARRIED FILING SEP.ARATE~Y. ~ . . . . ..ENTER YOUR ALTERNATIVE MINIMUM TAXABLE INCOME(AMTI) FORM 6251, LINE 28 285,3 O.

ENTER: $112,500 IF SINGLE OR HEAD OF HOUSEHOLD,.$150,000 IF. MARRIED FILING JOINTLY ORQUALIFYING WIDOW(ER)i $75,000 IF MARRIEDFILING SEPARATELY , 150,.0O.

SUBTRACT LINE 3 FROM LINE 2, IF ZERO OR LESSENTER -0- . . 13 5, 3 O.

MVLTIPLY LINE 4 BY 25% (.25). . . . . . .SUBTRACT LINE 5 FROM LINE 1. IF ZERO OR LESS, ENTER -0-. ITHIS FORM .IS FOR A CHILD UNDER AGE 14, GO TO LINE 7 BELO

OTHERWISE, STOP HERE AND ENTER THIS AMOUNT ON FORM 6251,LINE 29, AND GO TO FORM 6251, LINE 30

CHILD'S MINIMUM EXEMPTION AMOUNTENTER THE CHILD' S EARNED INCOME, IF ANYADD LINES 7 AND 8 .' ,

33,843.

24,157.. . . .. . . . . . .. . . . . . ._0 ENTER THE ~MALLER OF LINE 6 OR LINE 9 HERE AND ON FORM 625 r

LINE 29; AND GO TO. FORM 6251" LINE 30 ~ .'. '.

STATEI-mNT(S) 3

Documents

Vice-President Biden's 2005 Tax Return