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The drive in joe lansdale5/11/2023 ![]() ![]() ![]() With the Bidens adjusted gross incomes regularly surpassing Social Security's earnings tax cap for decades, it's not in the least bit surprising that the two are netting such a robust payout. When the Social Security Administration calculates an individual's Social Security benefit at full retirement age, it takes that worker's 35 highest-earning, inflation-adjusted years into account. According to line 6a of the jointly filed Form 1040, Joe and Jill Biden collectively brought home $58,465 from Social Security in 2022. For the 2022 tax year, the Bidens generated $579,514 in total income, most of which derived from a traditional W2.īut because both parties have met the requisite lifetime work credits to receive a Social Security benefit, both received hefty checks from the program last year. I say "the Bidens," because Joe Biden files jointly with his wife, first lady Dr. ![]() On Tax Day, April 18, 2023, the White House made the Bidens federal tax return available. Given Biden's previous runs at the Democratic Party presidential nomination, his time as vice president, and now his position as president, the American public has 25 years' worth of Joe Biden tax returns they can comb through, if they so choose. Joe Biden is bringing home a hefty Social Security checkįor roughly 50 years, it's been somewhat of a tradition for presidential candidates and sitting presidents to make their federal tax returns public. Image source: Official White House Photo by Hannah Foslien. ![]()
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