What to Report

5 U.S.C. app. §§ 102(a)(1), (a)(3), & (e)(1); 5 C.F.R. §§ 2634.301, 2634.302, & 2634.311

Filers report each asset, not already reported in Part 2 or Part 5, that ended the reporting period with a value greater than $1,000 or from which more than $200 in income was received during the reporting period.  For purposes of the value and income thresholds, filers aggregate their interests with those of their spouses and dependent children.

How to Report

Filers report assets in the same manner as their employment-related assets with one exception.  The “Value” and “Income Amount” fields include a category labeled “Over $1,000,000.”  A filer may use this category for assets owned by the filer’s spouse or dependent children, but not for those assets owned individually or jointly by the filer.

Assets and Income That Are Not Reportable

Filers do not report any of the following: (1) a personal residence (including a vacation home used as a second residence or a vacation home used as a timeshare) that the filer did not rent out during the reporting period; (2) retirement benefits from the United States Government, including the Thrift Savings Plan; (3) income from Social Security, veterans’ benefits, and other similar United States Government benefits; (4) cash accounts (e.g., money market accounts, certificates of deposit, savings accounts, checking accounts) in a single financial institution aggregating $5,000 or less (unless the income exceeded $200); (5) shares in a single money market fund aggregating $5,000 or less (unless the income exceeded $200); (6) term life insurance; (7) insurance claims and reimbursements, unless they are subject to federal income tax; (8) assets of a trade or business, unless the assets are unrelated to the operations of that trade or business; (9) personal loans made by the filer, the filer’s spouse, or a dependent child to a parent, spouse, sibling, or child; (10) interests of a spouse living separate and apart with the intention of terminating the marriage or providing for a permanent separation; (11) interests of a former spouse or a spouse from whom the filer is permanently separated; and (12) payments from a spouse or former spouse associated with a divorce or permanent separation.

No Assets to Report

The filer must affirmatively state that he or she does not have any assets to report.  Within Integrity, the filer would make this statement by marking the “I do not have...” checkbox.  For hard copy reports, the filer would write “None.”