Choice Loans

soumbooki asked: I filled Personnel Chapter 7 but the corp.’s loans and credit cards where guaranteed by my me. Will I still need to pay taxes since they will be considered income?Anita

FLTeacher asked: I want to start my Master’s degree and was thinking of paying cash in order to not take out loans, but someone told me that I can claim it on my taxes and get a lot of the money back…can anyone explain exactly how this works for me?Betty