/ / / / Mortgage Interest Deduction: How Does it Work?

Mortgage Interest Deduction: How Does it Work?

Written by a TurboTax Expert • Reviewed by Miguel Burgos, CPAUpdated for Tax Year 2024 •
OVERVIEW

Let a tax expert do your taxes for you

File your taxes with confidence

$69$39*

TaxCaster Tax
Calculator

Estimate your tax refund and where you stand

Tax Bracket
Calculator

Easily calculate your tax rate to make smart financial decisions

W-4 Withholding
Calculator

Know how much to withhold from your paycheck to get a bigger refund

Self-Employed
Tax Calculator

Estimate your self-employment tax and eliminate any surprises

Crypto Calculator

Estimate capital gains, losses, and taxes for cryptocurrency sales

Self-Employed Tax Deductions Calculator

Find deductions as a 1099 contractor, freelancer, creator, or if you have a side gig

ItsDeductible™

See how much your charitable donations are worth

Your security. Built into everything we do.

File faster and easier with the free TurboTax app

TurboTax Online: Important Details about Filing Simple Form 1040 Returns