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March 9, 2025
Question

Is a HELOC considered refinancing?

  • March 9, 2025
  • 1 reply
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We obtained a HELOC, and TurboTax is asking if we bought or financed a home. Is the answer yes or no?

1 reply

SusanY1
March 9, 2025

No, a HELOC is not considered refinancing, so you can answer "no" to that question.

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