President Obama and first lady Michelle ObamaMichelle LeVaughn Robinson ObamaLobbying world Michelle Obama hosts from-home voter registration party with DJ D-Nice Budowsky: President Trump, meet with all former living presidents MORE earned $481,098 in 2013 and paid $98,169 in taxes, according to documents provided Friday by the White House.

Their earnings have dropped significantly due to weakening sales of the president's books. In 2012, the Obamas reported $608,611 in income

Read the Obamas' 2013 tax returns