Home Mortgage Interest Deduction Estimator
The following calculator can be used to estimate the home mortgage interest deduction of a year (Line 8e on Tax Form 1040 Schedule A). The calculator only estimates the home mortgage interest deduction and is useful for planning purposes only. The result is likely different from the exact number you need to fill in your tax form due to various details and nuances required by the tax law. Instead, when filling in your tax form, please follow the relevant instructions or hire a tax professional. ...