Net worth $404,000; listed items add up to $604,500
Reported net worth: $404,000. Household goods + listed assets − listed liabilities = $604,500. The difference matches the household goods, which the filer may have left out of net worth.
What to check
- No action needed unless other items look off.
Rule: Net worth vs. listed items
“Simply subtracting your liabilities from your assets will not result in an accurate net worth figure in most cases.”2024 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works