/******************************************************************** usage: deductableStudentInterest = calcStudentInterest( studentInterest, incomeB4Adj, adjustments, married, print ); **********************************************************************/ function calcStudentInterest( studentInterest, incomeB4Adj, adjustments, married, printreport ) { var taxWindow; var wstring; var deductableStudentInterest = 0; var limit = 0; var adjustedIncome = 0; var line7 = 0; var line8 = 0; var line9 = 0; studentInterest = Math.min( studentInterest, 1500 ); adjustedIncome = incomeB4Adj - adjustments; if (married == 1) limit = 60000; else limit = 40000; line9 = 0; if (adjustedIncome > limit) { line7 = adjustedIncome - limit; line8 = Math.min( line7/15000, 1 ); line9 = Math.round(line8 * studentInterest); } deductableStudentInterest = studentInterest - line9; if (printreport == 1) { taxWindow = window.open('','sub','status,scrollbars=yes,resizable=yes,width=400,height=300'); if (!taxWindow.opener) { taxWindow.opener = window } wstring = "Student Loan Interest Computation" wstring += "
" wstring += "" wstring += "" wstring += "" wstring += "" wstring += "" wstring += "" wstring += "" wstring += "" wstring += "" wstring += "
Student Loan Interest Computation:" wstring += "
Student loan interest ($1500 max)"+studentInterest+"
Income less adjustments "+adjustedIncome+"
Limit "+limit+"
Excess "+line7+"
Excess / 15000 "+line8+"
Prior line x student interest "+line9+"
Student loan interest deduction "+deductableStudentInterest+"
" wstring += "
" wstring += "
" wstring += "" location.href="#Top"; taxWindow.focus() //setTimeout("taxWindow.document.write(wstring)",500) //stop strange error one second... window taxWindow.document.write(wstring); taxWindow.document.close(); } return (deductableStudentInterest); }