Tax Stories of the Jacksonsville Princess - Turbo Tax And Mortgage Tax Deductions Turbo Tax 2014 and Mortgage Tax Deductions Many homeowners feel that it is more beneficial to claim a mortgage tax deduction than to pay off their mortgage. However, they really need to consider whether it is more beneficial to build up their savings or to pay off the mortgage debt completely. First, a homeowner needs to look carefully at all the items on the return. You ... Thu, 17 Jan 2019 12:19:59 EST en