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 Question Thank you! Oops! Related Contents Federal Income Tax Use this calculator to estimate your income tax liability along with average and marginal tax rates. Red Flags for Tax Auditors Here are six flags that may make your tax return prime for an IRS audit. Comparing Investments This calculator compares the net gain of a taxable investment versus a tax-favored one.