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 | Are You on the Road to Financial Wellness? It's never too late to start. In this ebook, we outline effective financial strategies for every stage of the journey. 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. Does Your Child Need to File an Income Tax Return? When your child has income, there’s a good chance that he or she will need to report it and pay taxes. Social Security Taxes Estimate how much of your Social Security benefit may be considered taxable.