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To me this implies that a purchase mortgage interest is deductible under AMT.

It is.

Did we do our taxes wrong? Turbo Tax told us we could not deduct our purchase mortgage interest because we were subject to AMT.

Sounds like your taxes were wrong to me. Purchase mortgage interest on up to $1 million of borrowing is deductible for AMT.

You might want to move further discussion on that over to the Tax Strategies board.

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