topic Can I use proceeds from home refi as additional income for sales tax calculation? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-use-proceeds-from-home-refi-as-additional-income-for-sales-tax-calculation/01/111639#M14240 <P>Use the additional funds from a refi to increase basis for determining sales tax in non-income tax state.</P> Sat, 01 Jun 2019 05:05:39 GMT jhiner1 2019-06-01T05:05:39Z Can I use proceeds from home refi as additional income for sales tax calculation? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-use-proceeds-from-home-refi-as-additional-income-for-sales-tax-calculation/01/111639#M14240 <P>Use the additional funds from a refi to increase basis for determining sales tax in non-income tax state.</P> Sat, 01 Jun 2019 05:05:39 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-use-proceeds-from-home-refi-as-additional-income-for-sales-tax-calculation/01/111639#M14240 jhiner1 2019-06-01T05:05:39Z No, loan proceeds are not considered income. https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-loan-proceeds-are-not-considered-income/01/111648#M14242 <P>No, loan proceeds are not considered income.</P> Sat, 01 Jun 2019 05:05:41 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-loan-proceeds-are-not-considered-income/01/111648#M14242 Anita01 2019-06-01T05:05:41Z