Bidens Paid 23.7% Effective Federal Rate in Tax-Day Disclosure

President Joe Biden and first lady Jill Biden paid $146,629 in federal income taxes on a combined $619,976 in adjusted gross income in 2023 — meaning the first family paid an effective federal income tax of 23.7% — according to tax filings released by the White House.

The amount represents a slight uptick in both income and taxes paid compared to the previous year, driven in part by a small raise for the first lady, a professor at Northern Virginia Community College, and increased Social Security benefits.