Tax Policy Center

Options to Replace Mortgage Interest Deduction with Tax Credit

Individual Taxes
Impact on individual income tax revenue from replacing mortgage interest deduction with tax credit, 2012-2021
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the proposal in 2015, compared with current law, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the proposal in 2015, compared with current policy, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the proposal in 2015, compared with current law, by cash income percentile.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the proposal in 2015, compared with current policy, by cash income percentile.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current law, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current policy, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current law, by cash income percentile.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current policy, by cash income percentile.
August 17, 2011
Individual Taxes
Distribution of federal tax change from phase-in of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current law, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from phase-in of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current policy, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from phase-in of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current law, by cash income percentile.
August 17, 2011
Individual Taxes
Distribution of federal tax change from phase-in of the $500,000 mortgage cap and phasedown of deduction over 5 years in 2015, compared with current policy, by cash income percentile.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the $500,000 mortgage cap and phasedown of deduction over 10 years in 2015, compared with current law, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the $500,000 mortgage cap and phasedown of deduction over 10 years in 2015, compared with current policy, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the $500,000 mortgage cap and phasedown of deduction over 10 years in 2015, compared with current law, by cash income percentile.
August 17, 2011
Individual Taxes
Distribution of federal tax change from immediate enactment of the $500,000 mortgage cap and phasedown of deduction over 10 years in 2015, compared with current policy, by cash income percentile.
August 17, 2011
Individual Taxes
Distribution of federal tax change from phase-in of the $500,000 mortgage cap and phasedown of deduction over 10 years in 2015, compared with current law, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from phase-in of the $500,000 mortgage cap and phasedown of deduction over 10 years in 2015, compared with current policy, by cash income level.
August 17, 2011
Individual Taxes
Distribution of federal tax change from phase-in of the $500,000 mortgage cap and phasedown of deduction over 10 years in 2015, compared with current law, by cash income percentile.
August 17, 2011
Individual Taxes
Distribution of federal tax change from phase-in of the $500,000 mortgage cap and phasedown of deduction over 10 years in 2015, compared with current policy, by cash income percentile.
August 17, 2011
Individual Taxes
Benefits from mortgage interest deduction and 15-percent non-refundable credit under Option 1: immediate full enactment, against current law in 2015
August 17, 2011
Individual Taxes
Benefits from mortgage interest deduction and 15-percent non-refundable credit under Option 1: immediate full enactment, against current policy in 2015
August 17, 2011
Individual Taxes
Benefits from mortgage interest deduction and 15-percent non-refundable credit under Option 2: phase down deduction over 5 years, against current law in 2015
August 17, 2011
Individual Taxes
Benefits from mortgage interest deduction and 15-percent non-refundable credit under Option 2: phase down deduction over 5 years, against current policy in 2015
August 17, 2011