Bidens report $600,000 in income in 2020
CBSN
President Joe Biden and first lady Jill Biden reported having a federally adjusted gross income of $607,336 in 2020, the White House said Monday. The Bidens paid $157,414 in federal income tax and their 2020 effective federal income tax rate is 25.9%, the White House said.
They expected a refund of $4,649. In addition to the Bidens' Delaware income tax return of $28,794, Jill Biden also released her Virginia income tax return. The first lady teaches in Virginia, and she reported paying $443 in Virginia income tax.
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