WASHINGTON (Reuters) – President Joe Biden and first lady Jill Biden reported federal adjusted gross income of $607,336, according to their 2020 tax return, which the White House released on Monday.
The Bidens paid $157,414 in federal income tax and their 2020 effective federal income tax rate is 25.9 percent, the White House said in a statement.
(Reporting by Nandita Bose in Washington; editing by Jonathan Oatis)