On Friday, three days ahead of tax day for most Americans, President Joe Biden and Vice President Kamala Harris released the completed tax returns from their first year in office.
In a notable contrast to former President Donald Trump, Biden has now made 24 years of his tax returns public. Harris has released 18 years of her returns.
Biden, 79, filed jointly with his wife Jill, reporting an adjusted gross income of $610,702. The majority of their money came from their salaries. Jill Biden, a community college professor, earned $67,116 from her work at Northern Virginia Community College in 2021. The first couple also received income from IRA distributions, Social Security benefits, interest, and royalties.
The Bidens’ 37-page return showed they paid $150,439 in federal income tax, $30,765 in Delaware income tax, and $2,721 in Virginia income tax. The first couple also reported contributions of $17,394 to charity in 2021, including $5,000 to the Beau Biden Foundation in honor of the president’s late son.
