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 Rules When Selling Your Home The tax rules governing profits you realize from the sale of your home have changed in recent years. 2016 Tax Data You Should Know Like it or not, taxes are part of life. Understanding them could help your tax-saving strategy. How Income Taxes Work A quick look at how federal income taxes work.