Tax Policy Center

Options to Replace Mortgage Interest Deduction with Tax Credit

Individual Taxes
Benefits from mortgage interest deduction and 15-percent non-refundable credit under Option 3: Phase Down Deduction Over 5 Years, Phase In Mortgage Cap 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 3: Phase Down Deduction Over 5 Years, Phase In Mortgage Cap Over 5 Years, against current policy in 2015
August 17, 2011
Individual Taxes
Benefits from mortgage interest deduction and 15-percent non-refundable credit under Option 4: Phase Down Deduction Over 10 Year, Immediate $500,000 Mortgage Cap, against current law in 2015
August 17, 2011
Individual Taxes
Benefits from mortgage interest deduction and 15-percent non-refundable credit under Option 4: Phase Down Deduction Over 10 Year, Immediate $500,000 Mortgage Cap, against current policy in 2015
August 17, 2011
Individual Taxes
Benefits from mortgage interest deduction and 15-percent non-refundable credit under Option 5: Phase Down Deduction Over 10 Years, Phase In Mortgage Cap Over 10 Years, against current law in 2015
August 17, 2011
Individual Taxes
Benefits from mortgage interest deduction and 15-percent non-refundable credit under Option 5: Phase Down Deduction Over 10 Years, Phase In Mortgage Cap Over 10 Years, against current policy in 2015
August 17, 2011
Individual Taxes
Distribution of federal tax change from introducing a 20% non-refundable credit, 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.
June 3, 2012
Individual Taxes
Distribution of federal tax change from introducing a 20% non-refundable credit, 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.
June 3, 2012
Individual Taxes
Distribution of federal tax change from introducing a 20% non-refundable credit, 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.
June 3, 2012
Individual Taxes
Distribution of federal tax change from introducing a 20% non-refundable credit, 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.
June 3, 2012