Biden and Harris Return to Tradition With Release of 2020 Tax Returns.
On Monday, President Joe Biden and Vice President Kamala Harris released their 2020 tax returns.
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The White House tradition was previously interrupted by Donald Trump, who refused to release his financial records during his term in office.
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Today, the President released his 2020 federal income tax return, continuing an almost uninterrupted tradition.
With this release, the President has shared a total of 23 years of tax returns with the American public.
, White House, via statement.
According to the filings, Biden and First Lady Jill Biden earned a joint $607,336 in 2020.
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Together, they donated about five percent of their income to charity and paid $157,414 in federal income tax.
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Harris and her husband Doug Emhoff had an adjusted gross income of $1,695,300 in 2020.
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The Vice President earned about $346,000 from her work and they jointly donated more than $27,000 to charity.
Together, Harris and her husband paid a total of $621,893 in taxes.
In his first two years in office, Trump paid $750 a year in taxes.