US President Joe Biden’s son Hunter has agreed to plead guilty to two counts of failure to pay federal income tax, and admitted to illegally owning a gun, prosecutors said Tuesday.
Hunter Biden, whose business dealings have been under attack for years from Republican lawmakers, acknowledged possessing a firearm despite being a drug user.
The plea agreement between the 53-year-old and the US Attorney’s Office in his home state of Delaware will still need to be approved by a federal judge.
The president’s son is unlikely to face any prison time.
President Biden and his wife, Jill, issued a brief statement following the announcement of the deal.
“The President and First Lady love their son and support him as he continues to rebuild his life,” White House spokesperson Ian Sams said. “We will have no further comment.”
US Attorney David Weiss said Hunter Biden had agreed to plead guilty to “two counts of willful failure to pay federal income tax.”
According to the charges, Biden failed to file his tax returns on time on earnings of more than $1.5 million for 2017 and 2018.
In both years he owed more than $100,000 in taxes on those earnings.
Each count brings up to 12 months in prison and a fine of up to $100,000 or double what he stood to gain by breaking the law.
Weiss said Hunter Biden was also facing one count of “possession of a firearm by a person who is an unlawful user of or addicted to a controlled substance.”