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not a problem.  it is the way it works and it is possible for your child to receive money and for you to receive money for her as well.

 

The first two stimulus payments were ESTIMATES based on either the 2018 or 2019 tax data, what ever was avaible,

 

But the ACTUAL payment (the 'recovery credit') is based on the 2020 return

 

if the ACTUAL is greater then the ESTIMATE, you get the difference on Line 30.

if the ESTIMATE is greater than the ACTUAL, you don't own the money back.

 

work thought those last 2 statements for both your situation and your daughter's.  any you will see your family may have been received two benefits for the same child; totally legal - and the IRS knew this would occur. 

 

the 3rd stimulus payment has nothing to do with 2020 taxes, so please put that part of the equation to the side.  That payment is part of the 2021 tax return for next year,.