Home Mortgage Deduction Use this calculator to assess the potential benefits of a home mortgage deduction. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Tax-Advantaged Health Care Planning for Retirement Heading into retirement with confidence is easier if your planning includes steps to minimize taxes, especially as it relates to health care planning. From Seeking Yield to Seeking Profits How low can you go? We’re not talking about the limbo. We’re referring to sovereign bond rates. The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.