Joe Biden and Kamala Harris release their tax returns May 17, 2021 at 04:23PM

The President and the first lady, Jill, a teacher, filed their income tax return jointly and reported federal adjusted gross income of $607,336, down from $985,223 in 2019. The first couple paid $157,414 in federal income tax and their 2020 effective federal income tax rate is 25.9 per cent, the White House said.