The Bidens paid nearly $150,000 in taxes last year, at a rate of 23.7 percent.

President Joe Biden and First Lady Jill Biden paid $146,629 in federal income tax on the basis of their adjusted gross income of $619,976 in 2023, meaning the first family's effective federal income tax rate was 23.7 percent, according to a tax return released by the White House. The Bidens' income and tax bill both rose slightly from the previous year, in part due to a small raise for the first lady, who is a professor at a community college in Northern Virginia, and an increase in their Social Security benefits. Despite the increase in income (the Bidens' adjusted gross income was $579,514 the previous year), the first family's actual federal income tax rate fell slightly from 23.8 percent. The Bidens, who were fined $285 for not paying enough federal income taxes in advance of filing their returns, will not be able to get a refund and will instead have to write a $334 check to the federal government, according to returns released on Monday, the federal tax deadline.