No, that's not correct. Your daughter did not receive any stimulus payments. You received the payments. On your daughter's tax return, enter only payments that she received herself, not payments that you received. And she did not receive any payments herself. She is entitled to the recovery rebate credit on her 2020 tax return if she cannot be claimed as a dependent for 2020. See question Q B9 at the following link on the IRS web site.
Recovery Rebate Credit — Topic B: Eligibility
