Help Sheet for Completing SF-278
1. Reporting Period
a. Schedule A – Value your assets as of December 31 of the previous calendar year. Report
income (including any income that was reinvested or retirement income that was deferred
for income tax purposes) that was produced by each asset during the previous calendar
b. Schedule B – Include information covering the previous calendar year with one exception.
If you were not a federal employee for part of the year, transactions that occurred or gifts
received prior to your appointment should not be included.
c. Schedule C, Part I – For each liability, report the highest amount owed during the
previous calendar year.
d. Schedule C, Part II – List all current agreements and arrangements.
e. Schedule D, Part I – Include information covering the calendar year up to the date of
f. Schedule D, Part II – Not required.
2. Compare with prior report. Compare your prior report with the current submission to
ensure that you do not inadvertently omit entries on Schedule A or forget to report a purchase or
sale transaction on Schedule B, Part I.
For example, if you reported a stock interest in Microsoft on your prior report, you must account
for it on your current report. If it was sold during the reporting period, include the “sale”
transaction on Schedule B, Part I. In addition, if the stock produced more than $200 income (to
include capital gains from the sale), include it on Schedule A with a value of “None (or less than
$1,000)” (because it was sold) and note the type and amount of income produced. On the other
hand, if you purchased a stock during the reporting period, report the purchase transaction on
Schedule B, Part I and include the stock on Schedule A. The stock should be valued as of
December 31 of the previous calendar year, and type and amount of income produced should be
3. Please help us review your report quickly by listing assets in the same order as your prior