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! Learn How to Stay Calm Amidst Market Volatility In this ebook, we outline how to stay the course through market ups and downs. Our tips will help you anticipate, rather than fear, market movement. First Name Last Name Email Address Thank you! Oops! Related Content The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you. What If You Get Audited? The chances of an IRS audit aren't that high. And being audited does not necessarily imply that the IRS suspects wrongdoing. Tax Freedom Day Assess how many days you'll work to pay your federal tax liability.