You'll need to sign in or create an account to connect with an expert.
Applying the HELOC cash to a renovation is a mental exercise.
IRS will take your word for it if you have a receipt from the contractor for renovation.
I have a receipt but do you think the IRS cares if the money was taken out of the HELOC months after the project ended but still within the same calendar year?
Thank you for your help
Z
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
mpiseter
New Member
snoblack
Level 2
9137421619
New Member
ja19584
New Member
VAer
Level 4
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.