How much President Joe Biden and first lady Jill Biden earned, paid in taxes and gave to charity in 2021:
The president's salary is $400,000. But Biden reported earning $378,333 as president because heIn addition to Biden's salary, the first couple reported $53,000 in pensions and annuities and $46,000 in Social Security benefits. They also reported receiving $62,000 from two S corporations – Giacoppa Corp. and CelticCapri Corp., which the White House said they created at the end of the Obama-Biden administration for their respective speaking and writing engagements.
The corporations have been dormant since Biden took office and serve only to receive royalties for books published before the administration began, including the president’s 2007 publication,"Promises to Keep," the White House said.In addition to their federal taxes, the Bidens also paid $30,765 in income tax to Delaware, where they maintain a home. Jill Biden paid $2,721 in income tax to Virginia.
The first family gave a combined $17,394 to 10 charities. The largest gift was a $5,000 donation to Beau Biden Foundation, a public charity named after Biden's late son that is dedicated to ensuring children are free from abuse. The couple also donated $2,200 to St. Joseph on the Brandywine, the Catholic Church they regularly attend in Wilmington, Delaware.Releasing the president's tax returns is a tradition that was broken during Donald Trump's four years in the White House.
With this year's release, the Bidens have made public 24 years of tax returns, according to the White House.
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