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Looks like the first family is taking it all the way to the bank!

The Obama’s tax records were made public by the White House Thursday and show that the First Family made $5,505,509 in income in 2009.

Their tax records show their occupations as “U.S. President” and “U.S. First Lady” with earnings that are more than double of the previous year attributed mostly to the sales of The President’s two books “The Audacity of Hope” and “Dreams From My Father.” The Obamas earned more than $2 million in 2008 and $4 million in 2007.

The First Family paid more than $1 million in taxes and donated over $300,000 to charities including CARE, an organization that combats world poverty and the United Negro College Fund which received more than $100,000 in donations.

The President also donated all $1.4 million of his Nobel Prize money to charity.

It’s still hard to believe that Sarah Palin is caking more than the Obamas though…