tax products pe1 sbtpg llc

If that deposit from Tax Products Group wasn't your Federal refund (minus the product fees and service charge), then it's not clear what it was for. I figured it out from the deposit into my account and several other sources. If the IRS is taking too long to send your refund or reduces it see..https://ttlc.intuit.com/community/payments/help/what-if-my-federal-refund-isn-t-enough-to-cover-my-tThen when the IRS does send your refund they won't take the fees out again.And, Why you got charged,https://ttlc.intuit.com/community/charges-and-fees/help/why-was-my-bank-account-auto-debited-for-turYou should have received about 4 emails asking for the fees. EdwardLO. I received a deposit from tax products pe sbtpg llc but it was not the full amount i was to get. The ID itself is the fee taken out from your refund as part of the agreement when you used these outside services. View solution in original post. By clicking "Continue", you will leave the Community and be taken to that site instead. **Disclaimer: Every effort has been made to offer the most correct information possible. Your TurboTax account will remain at Accepted. I usually use a speakerphone so I can work on something else while waiting. Its on the home screen. why dont u reply to my message? Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+ 7 5 104,698 Reply. Real experts - to help or even do your taxes for you. It is likely from the third-party company whose intermediary bank receives your Federal refund from the IRS, subtracts the fees, then sends the rest of your funds to your bank. It also shows their business hours. What do TAX PRODUCTS PE4 SBTPG LLC means? I don't know. To the leadership of turbo tax, you can blame it on your second party vender. have never owed any taxes from the irs. https://ttlc.intuit.com/questions/new">https://ttlc.intuit.com/questions/newWhat is tax products pr1 - sbtpg/llc? - Ask Me Fast I elected to have my fees paid from my Federal tax return. Get answers 24/7 at Support.sbtpg.com. A state refund comes directly from the state tax agency. I wish I would have just paid outright for all of it upfront instead of choosing the option to take the payment out of my refund. Sorry you're having trouble, but you're preaching to the choir here. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**. If I have to pay a fee Iwill never use turbo tax again . To check on regular tax refund status via automated phone, call, . https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information. I am also missing a few thousand I only got $79 i think this is a joke right? I was suppose to be refunded $936. If you want to check with the third-party company to see what they received from the IRS, you can use the SBTPG refund lookup tool at their website. Go to this IRS website for operational status -https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue. Ask questions and learn more about your taxes and finances. They are one who handles your refund if you elect to pay your fees with your refund. Tax products pe1 sbtpg LLC Here is what it means If you filed on paper, check Wheres my refund? TurboTax is committed to protecting your personal information. 4 Customer must obtain a Refund Transfer (separate fees apply). Ask questions and learn more about your taxes and finances. ACH credit is not the preferred payment option for most taxpayers. If you have a question about your TurboTax fees or billing, make sure you use the word billing in your request for help. Your email address will not be published. Cost is $4 or less for checks up to $1,000 and $8 or less for checks up to $7,500. Really--are you blaming TurboTax for the pandemic that caused the IRS to become backlogged? Now my refund status is saying that my tax return is staill being processed, refund date wil be provided when available? The IRS started sending the third Economic Impact Payments to eligible individuals on March 12, 2021. Although I have mentioned it twice, he has not specifically said what the deposit descriptor is on his direct deposit, so I've been assuming it's the same as the thread topic, but it may not be. My refund was for $1957.00 minus fee for turbo tax of $60 + $50 and $40 for having the cost taken out of my refund. If Turbo tax used this 3rd party and they subtracted the fees from that refund, then why was my checking account charged and withdrawn the amount of the fees from turbo tax? Check this IRS "Where's My Refund" tool to see if your Federal refund has been released and sent. **, TAX PRODUCTS PE1 TYPE: SBTPG LLC DATA: BTSN CO: TAX PRODUCTS PE1. Required fields are marked *, What Is The Due Date For An Llc Tax Return? I didnt have any fees because mine were simple, Last year they had a similar issue where this exact thing was happening and those werent receiving their whole deposit. Cookie Notice I checked my federal return status. I spoke with someone and they walked me through the fees - looks like they added on something I didn't ask for, which wasn't a big deal - but even after that I was short $50 less than I should be. Never did I see that a new group was handling the return. Did you choose to have your TurboTax fees deducted from your federal refund? Perhaps your situation is different. While that deposit most commonly would be the Federal refund (if you chose to pay fees out of the refund), but did you also expect a stimulus payment of $3,900 by any chance? It says directly that the total price (taxes included) is $173.98. I will be contacting the MA Attorney General. If it becomes necessary, I also left info below on how to speak to the IRS Taxpayer Advocate Service. I just noticed you're posting in 2 different threads on the same subject. You mentioned the IRS. ), https://turbotax.intuit.com/tax-tools/efile-status-lookup/. I was told that is what to get. SBTPG has a phone contact page at the following link. Tax products pe1 des sbtpg llc id 602388913. what was this deposit for? See the tips below. My refund is hundreds (maybe thousands depending if state return was included in refund). Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. You will NOT receive notice from the BFS Office prior to this happening and you will receive a letter AFTER the deadline for filing has past. I suspect you used Online Deluxe. I added some additional information to my initial comment above. If your sales tax in your state is 4.4% or 6% then you have your answer. This is mainly a user community forum, so no one here will know exactly what you received or didn't receive and why. I only received 4k back from 10k. So just a heads up to anyone to double-check your amounts once you receive them and harass TurboTax if it isn't exactly what it should be! If the Taxpayer Advocate can't/won't help you, ask them to transfer you to an an IRS agent. Did the information on this page answer your question? But we can tell you some things to check. Once your federal return has been accepted by the IRS, You need your filing status, your Social Security number and the exact amount. The Federal refund you are due will be the figure on your Form 1040, Line 35a, minus the TurboTax product fees, and minus the $40 (or $45) service fee for that payment option. The truth is that it was a failure of leadership to choose such a poorlyvettedparty to do business with. Did you choose to pay any TurboTax product fees out of your Federal refund? That was a lie!! It's not clear yet. You might have to look that up so you don't get it twisted. Was it a stimulus payment; i.e., did a stimulus payment go to Tax Products Group by mistake, and then they sent it to your account? Please call the Treasury Offset Program at 800-304-3107 to find out if this is what happened to you. How do I get ahold with TurboTax about these fees? Solved: I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but Taxslayer is $99 now too, and they try to rope you into $75 MORE as you file if you want to pull from ADP or other places automatically. The funds were sent to SBTPG and 481.76 of the total was deposited into my account. June 7, 2019 4:04 PM. How much did you get the very next day for the Stimulus? It has been a failure on their part. You can check the IRS "Where's My Refund" tool to see if there is any message about a change in your refund such as an offset. It can take the IRS "Where's My Refund" tool a while to catch up. The refund is from Santa Barbara Tax Products Group. Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have your TurboTax fees deducted from your refund.This option also has an additional charge from the bank that processes the transaction. What are Tax Products PE1 and PE2 SBTPG LLC Deposits? Or could it be a state refund? What is the problem? 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.) Did you talk to an IRS agent, and they confirmed that the IRS did not reduce your refund, and that they sent approx. I can't see what the link is. Then SBTPGs bank sends the rest of the Federal refund to your bank account. Who is this Santa Barbara Tax Group and why is this happening this time? I WILL NEVER USE THIS SERVICE AGAIN. The system said due to COVID-19 , your fees are waived and will not charge any. When you choose to have your TurboTax fees deducted from your federal refund you agree to have that done by the third party bank. 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. I am not sure how much time will I be spent trying to get this money, but if I choose to use Turbo tax next year, I will make sure pay everything in advance to avoid SBTPG. No one here is going to know anything specific about your situation, and you have not explained it any. Ok my tax refund was 4124 but a received a pe2 on my account with 3900 and my irs status still says refund approved NOT refund sent. If you have a prepaid card or a bank that releases your deposit early, you will see your money in your account in the afternoon around 3 or 4pm. to receive guidance from our tax experts and community. Solved: What do TAX PRODUCTS PE4 SBTPG LLC means? - Intuit I have and i did. Taxpayers can file taxes online through tax software like TurboTax. If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing. They are especially prone to help if you have an economic hardship. What message are you seeing? 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.) This is a user community forum, and we don't know what your situation is. I know for a fact I owe no debt to anyone and my refund was 507?? SBTPG already deposited some of the money, so why are they holding the remainder up now? If it tells you we have received your return or are processing or reviewing it, we are processing your return, but it may be under review. They obviously have my routing number for my bank account and have already deposited some. I would hope that those responsible for setting up thesethese financial arrangements are made aware of the additional work and the poor customer service we have experienced. Optional: Pay fees out of Federal refund: Additional service fee of $40 or $45, depending on whether it's California or not. Ironically, that would also equal a round number of $3900. My california state tax refund was accepted by ftb on january 17th 2012, why does it take 10-12 weeks to get my refund if i filed electronically? Did you e-file your tax return and was it accepted?Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued. to receive guidance from our tax experts and community. On my IRS2GO app it saying my refund isnt even scheduled to come til tomorrow. Privacy Policy. Ion even know what pe3 stands for, just hoping that's not my tax return. We'll help you get started or pick up where you left off. 800-829-1954. You have clicked a link to a site outside of the TurboTax Community. Is your account a bank account or a prepaid debit card account? There are only 2 places that can touch your Federal refund before it ends up in your bank account (or card)--the IRS and if you chose the option to pay TurboTax fees out of the refund, a third-party company SBTPG's bank. You can also try phoning the IRS refund hotline. Tax Pro Support (Existing client) 800.779.7228. We'll help you get started or pick up where you left off. Electronic deposit tax products pe1 https://ttlc.intuit.com/community/refunds/help/who-provides-pay-with-my-refund/00/26410. Real experts - to help or even do your taxes for you. Do not confuse tax products pe1 with tax products pe3. Did the information on this page answer your question? In any case, if they reduced it, they should send you a letter in 3 or so weeks explaining why. If you pay the fees upfront with a credit card before you file you get your full refund directly from the IRS. Unprocessed individual returns include tax year 2020 returns such as those requiringcorrectionto the Recovery Rebate Credit amount or validation of 2019 income used to figure the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC). Was this a cash advance that I received and if so when will I receive the remaining balance of my federal refund because I'm sure taxes and fees did not add up to over $1200 dollars for which my federal refund was short. . Solved: I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but How do I file a nonresident state return? Then listen to each menu before making the selection. Did the information on this page answer your question? If necessary after that, you can speak to the IRS. Tax products pe1 type sbtpg llc co tax products pe1. Where is the rest of my refund. This is mainly a user community forum, so no one here will know exactly what you received or didn't receive and why. to receive guidance from our tax experts and community. IRS Surprise Money Issued As People Find Tax Refund Deposits in Bank Accounts. Waiting is frustratingrefunds are taking longer in many cases. That bank is only involved if you used a paid version of the software and then chose to have your fees deducted from your federal refund. They charged me $ 59.95 for a "software upgrade" in order to send my return electronically. what was this deposit for? Turbo Tax doesn't know when you get the refund or when the IRS sent it. Tax products pr1 sbtpg llc 130220 We'll help you get started or pick up where you left off. No telling who might try to contact you and spam/scam you. TAX PRODUCTS PE1 SBTPG LLC , What is this? - Ask Me Fast If the IRS reduced your refund, the IRS should send you a letter in about 3 weeks or so explaining why and outlining your options if you disagree. My turbotax fees where $173.98. Is that all it said for a description? **, TAX PRODUCTS PE1 TYPE: SBTPG LLC DATA: BTSN CO: TAX PRODUCTS PE1. Your ONLY source of information about your refund now is the IRS. https://ttlc.intuit.com/community/taxes/discussion/re-this-is-the-descriptor-for-the-intermediary-co After some thorough digging I have discovered that my return and deposit were off ($977.00) is because of the unemployment benefit my wife recieved (one week and some change) during the 2020 year as part of the original Stimulus package. I don't think they list the Pay with Refund fee. Many refunds are taking longer during the pandemic. This is a user community forum, not a direct route to TurboTax Support. SBTPG has a phone contact page at the following link. There is also an additional $40 service fee for that payment method ($45 for California filers.). I still have not received my federal refund. Federal and state are completely separate and refunds come at different times from different places. You didn't say anything about your Federal refund. What Online TurboTax product did you use--Free Edition with PLUS, Deluxe, Premier, Self-Employed? You do not need to use them. This is a user community forum. TurboTax never gets information from the IRS or state when they reduce your refund. My refund from federal was due to come today and 1000's short of what federal refund site says it is. I'm not sure what you are referring to by "system said due to COVID-19, your fees are waived and will not charge any." You may have received an email from our partner Santa Barbara Tax Products Group (SBTPG) regarding a hold on your federal refund. I have life lock and I have a clean SSI according to them. If you have no luck reaching the IRS, you can try contacting the IRS Taxpayer Advocate Service for your area. I figured it out from the deposit into my account and several other sources. The same thing just happened to me. Please click here to learn more about the Offset Program. I am sure you have lost a number of customers for this. So if you have the tax products pe1 reflecting on your bank account, you can get in here to find out what it means. You have clicked a link to a site outside of the TurboTax Community. The IRS is opening mail within normal timeframes and all paper and electronic individual returns received prior to April 2021 have been processed if the return had no errors or did not require further review. what is this? i recieved a notice last week that the refund was being deposited in my account but i never received it. We don't know what the shortage "over $1200" refers to, but based just solely on the amount, a possible guess is possibly something stimulus-related (Stimulus 1 or 2).Or it may be due to something completely different, such as an offset or recalculation of some other credit, etc. Even when they are closed, you may be able to get automated info, or you can log in as above. And when you use the taxpayer tool at the SBTPG website to look up your refund, when you enter your info, does it say how much they received from the IRS? At the end of my doing my returns it said I can be exempted from the paid thing. If you filed electronically and received an acknowledgement, you do not need to take any further action other than promptly responding to any requests for information. Are you getting both a Federal refund and a State refund? Whether you owe taxes or youre expecting a refund, you can find out your tax returns status by: Using the IRS Wheres My Refund tool. Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return. I went to go check my refund in my bank account and it is coming from a company called TPG PRODUCTS DES:SBTPG LLC and is $200 less than it should be. . If youre in need of assistance, call us by the Tuesday prior to your debit date at 1-888-808-1723 to speak with a trained specialist and mention auto-debit, or visit TurboTax Support. Unfortunately, there was nothing indicating that it would be a timely deposit into our account or that they fully vetted their partners on their ability to offer the same level of service Turbo Tax has provided throughout the years. At the page below click on the "For Taxpayers" portal, then on the next page choose "Check with TPG.". I would be FUMING. We'll help you get started or pick up where you left off. Using this payment method requires you to directly instruct your financial institution to transfer funds from your bank account to the Departments bank account. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. You can find your status within the TurboTax product.If accepted by the IRS use the federal tax refund website to check the refund status -https://www.irs.gov/refundsIf accepted by the state use this TurboTax support FAQ to check the state tax refund status -https://ttlc.intuit.com/questions/1899433-how-do-i-track-my-state-refund. Or does it also say "Tax Products" and/or SBTPG? (This line has no information on Economic Impact Payments.). That's handled by an intermediary company called SBTPG (aka Tax Products Group.) Contact Us - Santa Barbara Tax Products Group The only information TurboTax gets is after efiling, in regard to whether the efiled return was accepted or rejected. There must be more to your story if you think it was not your Federal refund. What did you mean by the term "total refund" above? In that circumstance the IRS sends one's Federal tax refund to one's temporary account at SBTPG's bank, and SBTPG then subtracts any product fees plus a $40 service fee ($45 for California filers.) It said that my expected return of $1057 was adjusted down to $456. If it was the IRS that reduced your Federal refund amount, then they should send you a letter in about 3 weeks or so explaining why and your options if you disagree. The check limit at Walmart in Connecticut is $6,000 and Florida is $1,999.99 per person per day. Charging me over $100 for 1040EZ form. Santa Barbara TPG Home - tax products that make tax time easy In my previous answer to you I told you how if you paid fees that way, you can look up your info at the SBTPG refund lookup tool to confirm what they received from the IRS. I had a deposit in my account from tax products pe1/sbtpg llc. for information regarding your refund. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. Tax products pe1 sbtpg llc id 3722260102co tax products pe1. The TurboTax program does not get feedback from the IRS either during return processing or when a refund has been sent. When calling the IRS do not choose the first choice re: "Refund", or it will send you to an automated phone line. When you file your return and pay for TurboTax from your refund, then the refund money is sent to the the SBTPG. So why is my return $500 less? SBTPG also has a contact phone number on their website. Hand off your taxes, get expert help, or do it yourself. TurboTax does not receive any updates from the IRS. As of August 20, 2021, we had 10.1 million unprocessed individual returns. How do I file a nonresident state return? It was shown on several screens and you had to agree to it. Where did you see that? I removed your attached files. Real experts - to help or even do your taxes for you. http://www.irs.gov/uac/Contact-a-Local-Taxpayer-Advocate, Also see this article for more info on how the IRS Taxpayer Advocate Service works::http://www.irs.gov/taxtopics/tc104.html. Tax Pro Website Login to your account at . You would need to explain that more, including what products you used. https://ttlc.intuit.com/questions/1900596-what-is-refund-processing-service">https://ttlc.intuit.com All about the refund | Ask the Experts Live Ev Premier investment & rental property taxes. You can log into the SBTPG refund lookup tool at their website, to see if you can learn anything about your Federal refund amount. If so, it comes separately in another deposit straight from the state tax agency. Why Did I Get a Deposit From TPG Products? Reason, Explained Just federal and state plus sales tax? Premier investment & rental property taxes. https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information. If not, you need to provide some info. 5 Things to Expect After Your Solar Panel Install. Then click onPrint Center. That is the descriptor for the intermediary bank that handles that process. If you need to, you can phone SBTPG to inquire about the deposit and ask them if it was a Federal refund or a stimulus payment. Please click here to learn more about the Offset Program. who are they? SBTPG did not contact me at all. I am dealing with the same thing I just got my state refund but I havent gotten my federal refund yet but I did get a tax products PE1 sent to my account and I do remember paying 40dollars fee but I havent gotten my federal refund yet. First choose your language. im just using the numbers that are listed in my order details. I got a deposit in my account for $1800.40. 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. Check the IRS site to see how much the refund they issued to you was. Then press 1 for "form, tax history, or payment". Consumer Tax/Taxpayer. They just gave you an estimated date. If you don't pay they will debit your account. It may lead to more research or give you the answers everyone has been looking for. BTW, this is a public Internet forum. At that page choose the "For Taxpayers" portal, then on the next page choose "Check with TPG.". @Kberes93 Please clarify what the description of your deposit is in your account. I've seen it work for some users when the WMR tool didn't. We continue to send Economic Impact Payments weekly in 2021 as 2020 tax returns are processed.

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