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jhiner1
New Member

Can I use proceeds from home refi as additional income for sales tax calculation?

Use the additional funds from a refi to increase basis for determining sales tax in non-income tax state.

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Accepted Solutions
Anita01
New Member

Can I use proceeds from home refi as additional income for sales tax calculation?

No, loan proceeds are not considered income.

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1 Reply
Anita01
New Member

Can I use proceeds from home refi as additional income for sales tax calculation?

No, loan proceeds are not considered income.

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