You don’t have to report the pension anywhere as it’s not worth anything at the moment. They’ll see the deductions on your W-2 but it didn’t affect anything as far as I can tell. As for the house I used the assessed value from my property taxes (which is lower than Zillow by a fair amount). It was never questioned. Many schools only use a percentage of the equity as compared to your income so it really doesn’t matter after a point what number you use. For example, if a school only assesses on twice your income and your income is $75k, then it doesn’t matter if your equity is $150k or $250k since you’re only getting assessed on the $150k regardless.
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