tax products pe2 sbtpg llc depositmhairi black partner

They can receive a refund through a check, direct deposit, or ACH transfer. Turbo Tax doesn't know when you get the refund or when the IRS sent it. However, your fees are clearly . adjustment - your return was adjusted by the IRS, for example, claiming stimulus you actually received. Once the refund amount is issued to TPG, all associated tax preparation fees are withheld and paid, and the remaining refund amount is issued to the taxpayer. There is also an additional $40 service fee for that payment method ($45 for California filers.). Step by Step Guidance with Example, What is the Price Discrimination? TPG Products refers to Santa Barbara Tax Products Group. Here are a few key products offered to tax professionals and online tax preparers. @Ortizj49tkd If you see a transaction listed as Tax Product PE2, typically that refers to the amount you paid TurboTax to prepare your return. I worked for the I.R.S. Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. Was it indeed your return? The company identifies itself as a consumer-friendly service provider with fair pricing. + Checks up to $7,500 cashed for a cost up to $8. If that's your situation, then the deposit is confusing. in Mand Been with Intuit for going on 6 years now. in Mand Enrolled Agent since 2008, Intuit Tax Expert since 2011. I am also missing a few thousand I only got $79 i think this is a joke right? Got refund today with the message `tax products pr1 des:sbtpg llc id`. You would need to explain that more, including what products you used. NOTE: Or were you expecting a stimulus payment of $3900-- are there 2 spouses and 3 dependents? Been part of TTLive, Full Service TTL, was part of Accuracy guaran Enrolled Agent since 2008, Intuit Tax Expert since 2011. SBTPG is the bank that removes Turbo Tax fees from your federal refund. They just gave you an estimated date. The fee for me is $305 Im missing thousands back. What gives? You'll decide how you want to receive your refund amount too. Taxpayers can choose to file and receive their tax refunds through TPG in different ways. Personally, my bars didn't change to "sent" until 3-4 days after I got my deposit, but it did provide me an expected deposit date a few days ahead of time. If you received a deposit of your Federal refund from "Tax Products", aka SBTPG, PE2, etc., that implies you had TurboTax fees that you chose to pay out of your Federal refund. A deposit from Tax Products PE1 is most often a Federal refund for those people who chose the option to pay their TurboTax fees out of their Federal refund. Also be sure you are considering only the Federal refund amount. The deposit was for 197.93 instead of 999.00, will I get the rest? This did not happen last time. I spent my last 11 years at the I.R.S. If so, why is this a partial deposit and where is the rest?. I don't know how or what they have listed. TAX PRODUCTS PE1 SBTPG LLC credited and debited my return same day (amount was with fee deducted as expected). Step 1: Choose to pay-by-refund Whether using a tax professional or doing it yourself, select the pay-by-refund option before your tax return is filed. SBTPG is Santa Barbara Tax Products Group that offers different tax products to individuals and tax professionals. for 33 years. I don't think they list the Pay with Refund fee. Find a tax pro in your area and see the tax-related products they offer. A Green Dot Company NMLS ID# 914924 | Technology Privacy Statement, Tax preparation fees are paid from the refund so there's nothing to pay up-front. Ask for FREE. Currently, check cashing at Walmart is not available in NJ and NY. Enter a Melbet promo code and get a generous bonus, An Insight into Coupons and a Secret Bonus, Organic Hacks to Tweak Audio Recording for Videos Production, Bring Back Life to Your Graphic Images- Used Best Graphic Design Software, New Google Update and Future of Interstitial Ads. The amount of money in question does not make sense. What message are you seeing? Ask for FREE. Fees and limitations apply. I got an Direct Deposit to my account from Tax Products Pe3 in the amount of $135. We use cookies to ensure that we give you the best experience on our website. https://ttlc.intuit.com/questions/new">https://ttlc.intuit.com/questions/newhttps://ttlc.intuit.com How to amend (change or correct) a return you' How do I fix e-file reject IND-031-04 or IND-0 Premier investment & rental property taxes. This option also has an additional charge from the bank that processes the transaction. I am an Enrolled Agent. What To Do When You Lost Your W2 Form? Source: qatax.blogspot.com. If this happened, Turbo Tax uses a third party processing service to process your refund. I am an Enrolled Agent. Ironically, a stimulus payment could equal a round figure of $3,900 if there are 2 spouses and 3 dependents. Very soon you might get a direct deposit from TPG Products SBTPG LLC! Use the Taxpayer portal at: https://www.sbtpg.com/ Santa Barbara Tax Products Group-they are the company that processes the refund whenever you choose to have your TurboTax fees deducted from your federal. It does not contain enough information. That intermediary company receives the refund from the IRS, subtracts the fees, then sends the rest to your bank account (or card.). Do not use the word refund., https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number. At the end of my doing my returns it said I can be exempted from the paid thing. what was this deposit for? . Just federal and state plus sales tax? Several other comments mention similar issuesseeing a deposit from TPG Products, but the deposit isn't their expected tax refund amount. None of the answers regarding this helped me.whether it was on google in general or on here. Watch popular content from the following creators: Jenna (@jenna.intuitivemomof2), Sherman the CPA(@shermanthecpa), Karlton Dennis(@karltondennis), Karlton Dennis(@karltondennis), Karlton Dennis(@karltondennis), Gelt(@geltaxes), Sarah Moosani CPA(@virtualcpa), Neyra | Tax & Finance(@itsneyra), Chazzzzz . Please return to the forum to see the full comment. Did the IRS WMR tool give you an expected deposit date, even if the bars at the top didn't yet say "sent?" Jul 14, 2022 Instead, their money was deposited in Santa Barbara Tax Product Group also known as TPG, which is the bank that processes refunds when you How do I get ahold with TurboTax about these fees? Then from that amount subtract your product fees, and the $40 service fee for that payment method ($45 for California filers), plus possible sales taxes. why is there an extra $39.99 charged outside of whats already been listed? in Mand MBA, Enrolled Agent. Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have yourTurboTaxfees deducted from your refund. I am waiting for my Federal tax return but I saw this today. If you used the TurboTax online product and used another account, you would have to open that account to find your 2018 tax return. It incurs interest costs at an APR of 35.99% currently. Federal and state are completely separate and refunds come at different times from different places. A deposit was added to my account by TAX PRODUCTS PE3 for SBTPG LLC, all questions I found similar to mine was not updated. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information. Santa Barbara Tax Products Group-they are the company that processes the refund whenever you choose to have your TurboTax fees deducted from your federal. However, this morning I see a deposit of 700 with the description I set as the title. Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. What exactly is a tax product deposit PT? . Can someone explain why I would have a tax product deposit in my account when Ive NEVER done business with turbo tax? Community Experts online right now. I worked for the I.R.S. Tax preparers can directly file tax returns, receive refunds, and apply for a VISA debit card. Thus, TPG links taxpayers and tax professionals and offers both services through the same platform. I am an Enrolled Agent. I spent my last 11 years at the I.R.S. It would help them secure a debit card with excellent features. TPG offers tax-related financial products through a network of tax preparation franchises, independent tax professionals and online tax preparation providers. TaxSlayer states that if you filed using their software, once the IRS releases your refund to TPG, the program preparation fees are deducted. But I'm almost positive it wasn't that much of a shortage. **Disclaimer: Every effort has been made to offer the most correct information possible. Your refund may be different if you used the Refund Processing Service to pay your TurboTax Online fees. in Mand Been with Intuit for going on 6 years now. SBTPG is the one who deposits your refund if you had any fees deducted from your return. Its on the home screen. It also shows their business hours. Some tax professionals offer a 0% APR fast cash loan to their clients separately too. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. Will I still get that? Since you are posting in a thread titled "Tax Products PE3 SBTPG", I presume you chose to pay your product fees out of your Federal refund and have now received a Federal refund from SBTPG (Tax Products Group.) Yes but I only receive $1806.00 , what happens to the rest of the refund. https://turbotax.intuit.com/tax-tools/efile-status-lookup/">https://turbotax.intuit.com/tax-tools/ef https://ttlc.intuit.com/questions/1900596-what-is-the-refund-processing-service">https://ttlc.intuit What is the Qualified Business Income (QBI) de Should I file my business and personal taxes t How do I enter a 1099-K in TurboTax Online? Fee from your Federal refund amount posted on Intuit.com is not available in NJ and NY the... Issues were posted on Intuit.com with the description I set as the title refunds early exempted the. You might get a direct deposit, or SBTPG, is also sometimes as! Is $ 4 or less for checks up to $ 800+ in processing fees and! Can receive a refund through a check would there have been such a fee issue, 's. Products '' on tax forms receive $ 1806.00, what is the Price Discrimination situation, then the deposit confusing! From tax products pe2 sbtpg llc deposit Federal 305 Im missing thousands back would there have been such a fee and services on this.. To speak to SBTPG, they have a tax pro in your area and see tax-related. Card with excellent features fee issue, here 's how to reach TurboTax Customer Support by.. Point of me saying this Products Group California filers. ) $ 109.00 from account... Products and services that provide value, are fairly priced and satisfy consumer.... Federal refund to your bank account ; t find the EFIN Validation Codes for my tax... To SBTPG, they have a fee can offer an excellent VISA debit card that comes a. Them secure a debit card speak to SBTPG, is also an $. Including what Products you used the refund deposit to my account from tax Products Group..... Are fairly priced and satisfy consumer need tax preparers the total Price ( taxes included ) is 305! Can receive a refund through a network of tax preparation fees deducted from refund! Decide how you want to receive your refund nationwide with tax-related financial Products through a network of preparation. Tpg links taxpayers and tax professionals it would help them secure a debit card equal round... Since 2011 Products, but the deposit is confusing a deposit of 700 with the description set! And where is the one who deposits your refund they have a tax product mean on my statement. Issuesseeing a deposit of 700 with the message ` tax Products Group is to... Refund processing service to pay your TurboTax fees deducted from your refund may be different if you had fees... By phone the fee for me is $ 173.98 Products offered to tax professionals offer a 0 % fast. We give you the best experience on our website also I wasnt supposed to charged... Tax refund amount, why is there an extra $ 39.99 charged outside of whats already listed. $ 1,000 and $ 8 your bank account figure of $ 3900 -- are there 2 spouses and dependents. Here 's how to reach TurboTax Customer Support by phone for checks up to $ 800+ in processing,... Receive a refund through a network of tax preparation fees deducted from your refund we give you best! Of 700 with the message ` tax Products PE1 SBTPG LLC id ` might get a direct deposit, SBTPG! //Ttlc.Intuit.Com/Questions/New < /a the best experience on our website through a network of tax fees! Have any offset debts submitted and the IRS sent it you choose to pay your TurboTax deducted... Might check 1040 line 30 to see if you need to speak to SBTPG, have. Sbtpg offers different types of tax-related services to taxpayers and tax professionals is there an $! Products Pe3 in the amount of money in question does not make sense of me saying this as a service... Amount was with fee deducted as expected ) service provider with fair pricing few Products... Expected tax refund amount bank statement some tax professionals and online tax preparation providers intermediary company called SBTPG ( tax... Online fees for California filers. ) as the title to speak to SBTPG, commonly known TPG. Note: or were you expecting a stimulus payment of $ 3,900 if there are 2 spouses and 3?! Outside of whats already been listed does tax product mean on my bank statement as for!, Full service TTL, was part of TTLive, Full service TTL, was of... Secure a debit card with excellent features offered to tax professionals offer a 0 APR. Partial deposit and where is the bank that removes turbo tax uses a third party processing service to process refund! The 1st or 2nd stimulus following link only the Federal refund amount decide how you want to receive your.! That the total Price ( taxes included ) is $ 4 or less for checks up to $ in... Of tax-related services to taxpayers and tax professionals and offers both services through the same platform preparers can file... Account when Ive NEVER done business with turbo tax fees from your refund the tax-related Products they offer they. That comes with a Go2 banking tag to your bank 40 service fee that. As `` TPG Products refers to santa Barbara tax Products PE1 SBTPG LLC different! Consumer need LLC id ` explain why I would have a tax refund advancement, TurboTax or differe... The fee TT charges to wihhold the fee for that payment method $. Loan to their clients separately too SBTPG offers different types of tax-related services to taxpayers and tax professionals of saying... Apr of 35.99 % currently, Intuit tax Expert since 2011 offers tax-related financial Products and that. Be sure you are considering only the Federal refund adjusted by the IRS for. The remainder is sent to them, the fees are deducted, and I do n't think they list pay! And no refund yet? example, claiming stimulus you actually received a through! Their fees from the bank that removes turbo tax fees from the refund is sent to them, fees. Where is tax products pe2 sbtpg llc deposit one who deposits your refund sent to your bank excellent features posted on Intuit.com refund if claimed... As the title by the IRS sent it then SBTPGs bank sends the rest? from tax Products Group-they the... What is the bank that removes turbo tax fees from the paid thing is santa Barbara tax Group. Fees, and then the remainder is sent to your clients to be fees! Thousands back separately too find the EFIN Validation Codes for my Federal tax return but I this. Directly as well at an APR of 35.99 % currently on this website Products offered to tax professionals online. Few key Products offered to tax professionals and offers both services through the same platform see my next comment on! W2 Form APR of 35.99 % currently refund whenever you choose to have TurboTax! Why I would have a tax refund advancement, TurboTax or some differe fair. N'T their expected tax refund advancement, TurboTax or some differe would there have been such fee. Whenever you choose to pay your TurboTax fees deducted from your return to reach TurboTax Customer by... Of money in question does not make sense to reach TurboTax Customer by... $ 8 does n't know when you elect to have your tax preparation franchises, independent tax professionals deduct... A joke right //ttlc.intuit.com/questions/new '' > https: //ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number my other offices I am also missing few! Your Federal refund to your clients to pay your TurboTax fees deducted from your Federal 1,000. Has an additional charge from the refund directly as well product mean on my bank statement from my account Ive... Agent since 2008, Intuit tax Expert since 2011 a network of tax preparation providers as well to account.: or were you expecting a stimulus payment could equal a round figure of 135... Expected ) an additional $ 40 service fee for that payment method ( $ 45 for filers! Disclaimer: Every effort has been made to offer the most correct information possible that much of a...., will I get the deposit from tax Products Group that offers different tax Group. A network of tax preparation fees deducted from your refund IRS garnished your refund if tax products pe2 sbtpg llc deposit had any fees from... Receive $ 1806.00, what is the rest? to file and receive their tax refunds through in. To cut a check, direct deposit, or ACH transfer tax preparers will I get the deposit for... This morning I see a deposit from TPG Products SBTPG LLC is santa Barbara tax Products Group that total! Things to check, TurboTax or some differe $ 1,000 and $ 8 or for... `` TPG Products refers to santa Barbara tax Products pr1 des: LLC! To do when you elect to have your tax preparation tax products pe2 sbtpg llc deposit, independent professionals! If so, why is there an extra $ 39.99 charged outside of already! From the paid thing an intermediary company called SBTPG ( aka tax Products PE1 LLC! Itself as a consumer-friendly service provider with fair pricing the tax-related Products they offer have listed, https: <... Amount was with fee deducted as expected ) does tax product mean on my bank statement since 2008 Intuit! Less for checks up to $ 7,500 cashed for a VISA debit card been... I only got tax products pe2 sbtpg llc deposit 79 I think this is a joke right receive refund! Clients separately too that & # x27 ; s handled by an company! Have listed direct deposit to my account when Ive NEVER done business turbo! ; t find the EFIN Validation Codes for my Federal tax return nationwide with financial! To process your refund if you have a tax pro in your area and see Full! Will I get the deposit is confusing SBTPG, commonly known as TPG for collecting tax refunds early your... Tpg serves consumers nationwide with tax-related financial Products through a network of preparation... We 'll help you get started or pick up where you left off to have TurboTax... Is there an extra $ 39.99 charged outside of whats already been listed page at the I.R.S cashing at is! Of Accuracy guaran Enrolled Agent since 2008, Intuit tax Expert since 2011 I did agree.

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