U.S.

Biden released his tax return, reporting an annual family income of $610,000

President Joe Biden and First Lady Jill Biden have released a joint tax return reporting the family’s annual income of $610,000, of which $150,000 was paid in federal taxes in 2021. A statement to that effect, along with the documents themselves, was released by the White House press office.

It is noted that the income tax rate was 24.6%. In addition, about $30,000 was paid as taxes in the state of Delaware, where the presidential couple has a family home.

Jill Biden also paid $2.7 thousand in taxes in Virginia. In addition, the president and first lady donated about $17,000 to various charities.