The President Joe and Jill Biden's 2023 Tax Returns

Today- April 15, 2024, the President and First Lady released their 2023 federal income tax return, continuing the bipartisan tradition of transparency in presidential tax disclosures. With this release, President Biden upholds his commitment to openness with the American people, having now shared 26 years of tax returns during his tenure.

Income and Taxes: The President and First Lady filed jointly, reporting a federal adjusted gross income of $619,976 and paying $146,629 in federal income tax. Their effective federal income tax rate for 2023 stands at 23.7 percent.

Charitable Contributions: Demonstrating their commitment to philanthropy, the Bidens contributed $20,477 to 17 charities. Highlights include a $5,000 donation to the Beau Biden Foundation and support for organizations like St. Joseph on the Brandywine and the National Fraternal Order of Police Foundation.

State Taxes: The Bidens also released their Delaware income tax return, reporting $30,908 paid in state taxes. Additionally, the First Lady disclosed her Virginia income tax return, with $3,549 paid in Virginia state taxes.

The Vice President Kamala Harris and the Second Gentleman's Tax Returns

In a parallel move, Vice President Kamala Harris and the Second Gentleman released their 2023 federal income tax return, along with state returns for California and the District of Columbia, marking 20 years of tax transparency for the Vice President.

Income and Taxes: The Vice President and Second Gentleman reported a federal adjusted gross income of $450,299, paying $88,570 in federal income tax at a rate of 19.7 percent. They also paid state taxes of $15,167 in California and $11,599 in the District of Columbia.

Charitable Giving: In 2023, the couple contributed $23,026 to charity, showcasing their dedication to giving back to the community.

Item President Biden & First Lady Vice President & Second Gentleman
Adjusted Gross Income (AGI) $619,976 $450,299
Federal Income Tax Paid $146,629 $88,570
Effective Federal Income Tax Rate 23.7% 19.7%
Charitable Contributions $20,477 $23,026
Delaware Income Tax Paid $30,908 -
Virginia Income Tax Paid (First Lady) $3,549 -
California Income Tax Paid - $15,167
District of Columbia Income Tax Paid - $11,599

For detailed information, refer to the President and First Lady's tax returns here.