If you claimed your daughter as a dependent and received the 3rd stimulus payment for your daughter her social security number is in the system as someone having received the 3rd stimulus payment. Most likely, she will not receive a refund for the stimulus payment. if she does, she can amend her return and return the stimulus payment to the IRS.
Many people have claimed the stimulus payment who have already received the funds. The IRS has not issued fines or penalties. She will either not receive the stimulus refund or she may be asked to return it. If she gets the refund, I would put it in the bank and not spend it. Like I said above, she can amend her return if she receives the refund, the explanation would be that someone else had already received the 3rd stimulus payment and then return the $1,400 with the amended return.
