Effect of contributing to qualified retirement accounts with HELOC funds

[twoinanddone]

If the pre tax contribution is added back in for a normal employed person, I can’t see why it won’t be for your scenario,

Because this is not pre-tax income. This is not income.

needs to be reported in the same place on FAFSA as “untaxed income.”

Why? it’s not income and never was income Question 92(?) specifically says to report income.