© Reuters. U.S. President Joe Biden and first lady Jill Biden exit Marine One as they return from Camp David at Fort McNair, Washington, D.C., U.S. April 9, 2023. REUTERS/Ken Cedeno
WASHINGTON (Reuters) – U.S. President Joe Biden and his wife Jill released their federal tax return on Tuesday, showing the couple earned nearly $580,000 last year and paid an effective federal income tax rate of 23.8%.
The Bidens also donated roughly 3.5% of their income, or $20,180, to 20 charities, including one apparently associated with U.S. police unions.
The Bidens reported 2022 federal adjusted gross income of $579,514 and paid $137,658 in federal income tax. The previous year, Biden’s first as president, they reported $610,702 in income.
