Net worth looks like a misplaced decimal point: $2,420 reported, listed items add up to $2,430,000
Reported net worth: $2,420. Household goods + listed assets − listed liabilities = $2,430,000. The reported figure is almost exactly 1/1,000 of the $2,430,000 the listed items add up to, which suggests a misplaced decimal point (or digits run together) when it was entered. The listed items are what this filing actually documents.
What to check
- Compare with the filer's other filings for their usual net worth.
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.”2023 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works