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 | Related Content Will You Pay the AMT? Despite recent tax-law changes, many Americans are expected to pay the AMT this year. Death is No Excuse The federal government requires deceased individuals to file a final income tax return. Tax Management Strategies Learn more about taxes, tax-favored investing, and tax strategies.