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. Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Filing Final Tax Returns for the Deceased The federal government requires deceased individuals to file a final income tax return. Assess Life Insurance Needs How to help determine life insurance needs to provide for your family after you pass away. The Richest Man in Babylon In good times and bad, consistently saving a percentage of your income is a sound financial practice.