President Releases 2021 Tax Return Showing $150,439 Paid

The President and First Lady reported $610,702 in federal adjusted gross income for 2021, alongside Vice President Harris's separate filing.

Updated on Nov. 5, 2026 in Taxes

President Releases 2021 Tax Return Showing $150,439 Paid

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The President and First Lady released their joint 2021 federal income tax return, reporting federal adjusted gross income of $610,702 and paying $150,439 in federal income tax. The Vice President and Second Gentleman also released their 2021 federal and state returns.

Why it matters

Public release of presidential and vice presidential tax returns gives Americans a view of how top officials' income and charitable giving are reported. The filings show a 24.6 percent effective federal rate for the President and First Lady, compared with 31.6 percent for the Vice President and Second Gentleman.

The President and First Lady reported $610,702 in federal adjusted gross income and paid $150,439 in federal income tax, an effective rate of 24.6 percent. The Vice President and Second Gentleman reported $1,655,563 in federal adjusted gross income and paid $523,371 in federal tax, an effective rate of 31.6 percent.

The players

Joe Biden

Joe Biden is the current President of the United States, and he and the First Lady filed a joint 2021 federal return.

Kamala Harris

Kamala Harris is the current Vice President of the United States, who released her 2021 federal and state income tax returns alongside her spouse.

The details

The President and First Lady filed a joint 2021 return that also included $17,394 in contributions to 10 charities, with the largest being a $5,000 gift to the Beau Biden Foundation. They paid $30,765 in Delaware income tax, and the First Lady paid $2,721 in Virginia income tax. The Vice President and Second Gentleman released federal returns along with state returns for California, New York and the District of Columbia.

2021: Tax year covered by the released returns.
November 5, 2026: Release of the President and Vice President's 2021 tax returns.

Track Record

Public release of top officials' personal tax returns has been an established disclosure practice in modern presidential administrations. The 2021 filings continue that pattern, allowing comparison of effective federal rates between the two households.

Public disclosure of official tax filings shows the federal and state income taxes paid by top officials and the charitable deductions they claimed. Readers can compare these figures with their own effective rates and deduction practices for personal tax planning.

The takeaway

Comparing effective tax rates and charitable deductions across households can help taxpayers understand how income level and filing choices affect what they owe. Reviewing your own return against common deduction categories is a practical way to apply these lessons.