What counts as income or spending
Transfers, loans and refunds aren't income or spending. Here's how to sort them.
- Is this money income?Not all money that comes in is income. Transfers from your own accounts, loans and refunds aren't.
- Is this money spending?Not all money that goes out is spending. Moving money to your own account or into savings isn't.
- How to sort money in and outSort money in All money in, All money out, the "What is this?" row, on Taxes, or by telling Tomi.
- Are refunds income?No. A refund just returns money that went out before, so it's neither income nor spending.
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