Each of you should deduct the amount of the mortgage interest that you actually paid. The property tax and mortgage insurance premium will be divided as well.
If the form is in your name and Social Security number, you will enter the full amount of the outstanding mortgage on your tax return.
You would indicate that the amount of interest you are reporting is not what was on your 1098.
Your daughter would indicate that she did not receive a Form 1098 and enter her share of the mortgage interest and other amounts found on the form
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