tax products pe1 sbtpg llc

If you filed on paper, check Wheres my refund? What do TAX PRODUCTS PE4 SBTPG LLC means? Charging me over $100 for 1040EZ form. https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632, https://support.turbotax.intuit.com/contact. Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+ 7 5 104,698 Reply. It looks like the forum privacy filter redacted your email address above for your privacy/security. 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. So youre saying the deducted taxes out of my federal and I received the remainder of it? Use the Taxpayer portal at: Actually, on second thought, that might still not resolve the question, since if SBTPG receives a payment from the IRS that they can't identify as a refund or a stimulus payment, their website says they will process it as a refund and subtract the fees, and send it on to your bank. I don't know if it's a State or a Federal tax issue. . By clicking "Continue", you will leave the Community and be taken to that site instead. Print, save or preview this year's return. They just gave you an estimated date. No one here is going to know anything specific about your situation, and you have not explained it any. 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. Ichecked with theIRS and it matches turbo tax refund info. A state refund comes directly from the state. ), Look at your actual Federal return to get the Federal refund amount, i.e., your. To check the status of an e-filed return, open up your desktop product or log into your TurboTax Online Account. Will I still get my federal tax refund even though I got that back in my account? https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions, https://ttlc.intuit.com/questions/2840013-does-accepted-mean-my-refund-is-approved. 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. This is atrocious that TurboTax failed to mention this entity. Real experts - to help or even do your taxes for you. 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. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. what was this deposit for? Were working hard to get through the backlog. So if you have the tax products pe1 reflecting on your bank account, you can get in here to find out what it means. what was this deposit for? SBTPG sending me a refund that is almost $2,000 less than the refund I was supposed to be getting back? I just left you some info in the other thread at the link below on how to check with SBTPG (Tax Products Group) to see what your deposit was for. for information regarding your refund. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected. So I'll give you some general info, and how you can check on how your refund is being handled. Hand off your taxes, get expert help, or do it yourself. 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. 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. Many refunds are taking longer during the pandemic. 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 was this deposit for? (This line has no information on Economic Impact Payments. If, as a result, a correction is made to any RRC, EITC or ACTC claimed on the return, the IRS will send taxpayers an explanation. So if you have the tax products pe1 reflecting on your bank account, you can get in here to find out what it means. 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. You can contact them SBTPG, toll-free, at1-877-908-7228or go to their secure websitewww.sbtpg.com, https://ttlc.intuit.com/questions/2580357-who-provides-the-refund-processing-service, https://ttlc.intuit.com/community/refunds/help/who-provides-pay-with-my-refund/00/26410. There is also a $40 service charge for the totally optional service. What was $507? I elected to have my fees paid from my Federal tax return. The bank receives your refund, takes out the fees and sends the rest of the refund to you. Tax Pro Website Login to your account at . Here's something else you can check. News; Upgrade to TPG; Products. We continue to send Economic Impact Payments weekly in 2021 as 2020 tax returns are processed. If not, you need to provide some info. By clicking "Continue", you will leave the Community and be taken to that site instead. Find our contact information including our hours of operation. Tax Pro Support (Existing client) 800.779.7228. Apparently you requested to have the TurboTax account fees deducted from the federal tax refund. $1600 to SBTPG? They are the 3rd party bank your refund has to go thoughso they can take the fees of of your refund. I know that money would be taken out for taxes to file. For the vast majority of folks it is the Federal refund. Skip to content. This option also has an additional charge from the bank that processes the transaction. to receive guidance from our tax experts and community. why dont u reply to my message? Did you choose to pay any TurboTax product fees out of your Federal refund? On my IRS2GO app it saying my refund isnt even scheduled to come til tomorrow. The third-party company in the description suggests that is a Federal refund if you indeed chose to pay product fees out of your Federal refund. By clicking "Continue", you will leave the Community and be taken to that site instead. $1600? I did check the IRS website today and my account was updated. Where is the rest of my refund. 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. In addition to your product fees there is a $40 service fee for that payment option ($45 for California filers) plus possible sales tax. What Is Tax Products Pr1 Sbtpg Llc? - Law info The deposit was for $197.03. And remember that if the third party bank is involved you are having your TurboTax fees deducted from your refund and you get the rest. How do I file a nonresident state return? Then SBTPG's bank sends the rest of the Federal refund to your bank account. Also be sure you are using the Federal amount before any TurboTax fees are taken out (if you chose that option. I filed my ny state tax return in early july. SBTPG also has a contact phone number on their website. TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer. What is tax products pe1 sbtpg - Alicia Lynn Bethals | Facebook (This line has no information on Economic Impact Payments.). Real experts - to help or even do your taxes for you. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. But in some circumstances it's possible that SBTPG receives an economic stimulus payment. Did you choose to have your TurboTax fees deducted from your federal refund? to receive guidance from our tax experts and community. The description for the deposit often says something like Tax Products PE1 or something similar. This will take you back to the 2019 online tax return. I have used that payment option before without any issues. https://ttlc.intuit.com/community/refunds/help/who-provides-pay-with-my-refund/00/26410. The ACH I received was almost $200 less than the refund Turbotax described. You can also try phoning the IRS refund hotline. 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? 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 Form 1065, U.S. Return of Partnership How do I claim the Qualified Business Income D How do I enter a 1099-K in TurboTax Online? Did the information on this page answer your question? Did the information on this page answer your question? The truth is that it was a failure of leadership to choose such a poorlyvettedparty to do business with. We'll help you get started or pick up where you left off. This is a call center so be prepared to listen to the eternal hold music for a while. So my tax return should of been $544. What information is incorrect? By clicking "Continue", you will leave the Community and be taken to that site instead. If that's the Federal refund after fee subtraction, the figures you provided imply your TurboTax fees and associated charges are 4124 - 3900 = 224. I have life lock and I have a clean SSI according to them. Scroll down and click onAdd a State. This is mainly a user community forum, so TurboTax folks will not see your posting. You may have received an email from our partner Santa Barbara Tax Products Group (SBTPG) regarding a hold on your federal refund. Tax products pe1 sbtpg LLC Here is what it means, An Alternative to Selenium for Testing ERP Systems, Maximizing Energy Efficiency in the Workplace, Jobs For Unskilled Immigrants Of Canada: Learn How To Apply, Rapid enterprises inc/ stamps Here is what it means, Capital one credit card login How to login & Features, FM deposit hold-see SM Here is what it means. Did you choose to pay your TurboTax fees out of your Federal refund, or did you pay upfront with credit/debit card? Yes. You didn't say anything about your Federal refund. If I receive a deposit from TPG Products Sbtpg LLC but it isn't no ), https://turbotax.intuit.com/tax-tools/efile-status-lookup/. What did you mean by the term "total refund" above? I had a deposit in my account from tax products pe1/sbtpg llc. No one in the user forum can resolve a billing issue. Hand off your taxes, get expert help, or do it yourself. 877.908.7228. It has been over 2 months. You also agree to having the fees deducted from your account if the IRS takes too long to issue your refund or if the refund is offset for a debt you owed. Ask questions and learn more about your taxes and finances. At the end of my doing my returns it said I can be exempted from the paid thing. I have dealt with turbotax before and never had issues like this year.First they made a mathematical mistake that cost me.now I received my remainder of my tax and the THiRd Party Santa Barbara bank got more than me really. Thank you. 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. In most instances, no further action is needed but you may check Wheres my refund or you can view your. Note -Once a tax return has beenAcceptedby the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. Support hours are 5AM-5PM Pacific (8AM-8PM Eastern), Mon-Fri, FAQ: What is the TurboTax phone number?https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632, Or use this contact form:https://support.turbotax.intuit.com/contact. If not, I've provided a link below. In any case, if they reduced it, they should send you a letter in 3 or so weeks explaining why. What is the problem? If i was forced to pay turbo tax the fees directly because my federal return was taking longer than 3 months to recieve from IRS then why is thisSBTPG sending me a refund that is almost $2,000 less than the refund I was supposed to be getting back? There is an EXTRA 39.99 for that Refund Processing Service. Never did I see that a new group was handling the return. The IRS is seriously behind in processing 2020 tax returns. 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.) All about the refund | Ask the Experts Live Ev Premier investment & rental property taxes. Is your refund taking an unusually long time to arrive? Once your federal return has been accepted by the IRS, You need your filing status, your Social Security number and the exact amount. How much did you get the very next day for the Stimulus? So my federal return was $411. My turbotax fees where $173.98. Why Did I Get a Deposit From TPG Products? Reason, Explained But based on a fee of $125 we can take a guess at what you might have used. You can also log into your temporary account at SBTPG (Santa Barbara Tax Products Group) which initially received the Federal refund and took out the fees. You said "bank checking account" above. TAX PRODUCTS PE1 TYPE: SBTPG LLC DATA: BTSN CO: TAX PRODUCTS PE1 - Intuit This is mainly a user community forum, so no one here will know exactly what you received or didn't receive and why. Electronic deposit tax products pe1 But we can tell you some things to check. **, TAX PRODUCTS PE1 TYPE: SBTPG LLC DATA: BTSN CO: TAX PRODUCTS PE1. A file name of "tax return" PDF suggested that they could contain sensitive info, that you should not post in this public Internet forum. It is not possible for TurboTax to speed up the IRS for you. 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. Then SBTPGs bank sends the rest of the Federal refund to your bank account. Ask questions and learn more about your taxes and finances. I'm waiting for my State tax refund of $635.00 and I see the title above for $875.01 deposit to my Bank checking account. https://ttlc.intuit.com/community/payments/help/what-if-my-federal-refund-isn-t-enough-to-cover-my-t https://ttlc.intuit.com/community/charges-and-fees/help/why-was-my-bank-account-auto-debited-for-tur https://ttlc.intuit.com/questions/1899433-how-do-i-track-my-state-refund, https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue, Tax Season Refund Frequently Asked Questions. This is a user community forum. It should show what SBTPG received from the IRS. This is due to many factors, such as the pandemic, completing processing of millions of 2019 tax returns, stimulus payments, unemployment compensation exclusion tax refunds., changes in the tax code by Congress in the middle of the 2020 tax season and the like. what is this. It can take the IRS "Where's My Refund" tool a while to catch up. The amount at least raises the question. June 7, 2019 4:04 PM. Were working hard to get through the backlog. who are they? TurboTax is committed to protecting your personal information. Please advise. At the page below click on the "For Taxpayers" portal, then on the next page choose "Check with TPG.". Waiting is frustratingrefunds are taking longer in many cases. https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online. Menu. Did the information on this page answer your question? I have life lock and I have a clean SSI according to them. We'll help you get started or pick up where you left off. Are you getting both a Federal refund and a State refund? When I filed my taxes I put that I didnt receive my stimulus but then the very next day it was deposited in my account so the IRS adjusted my refund to 8950, they even sent me a letter letting me know the adjusted amount. What you should do:In most instances, no further action is needed but you may check Wheres my refund or you can view youraccount. Fees? Then click onPrint Center. I just received a deposit of frickin $19. NOTE: Or were you expecting a stimulus payment of $3900-- are there 2 spouses and 3 dependents? **Disclaimer: Every effort has been made to offer the most correct information possible. Real experts - to help or even do your taxes for you. There is also an additional $40 service fee for that payment method ($45 for California filers.). I got much less than expected and will not be using you guys again if this is the case. Tax products pe2 sbtpg llc orig first calif. Tax products pe1 sbtpg llc orig university b showed a deposit into my bank account for 1288 my returns should have been about 500 more. It may lead to more research or give you the answers everyone has been looking for. So the next time you see tax products pe1 in your report, you most likely had your tax return filed by an outside firm like Jackson Hewitt or thru software like Turbo Tax/TaxAct. what is the shortest possible time for an eft to reach my bank? Its on the home screen. EVERYONE I KNOW WILL HEAR OF THIS SERVICE, AND EVERYONE THAT I CAN REACH "ELECTRONICALLY", AND I WON'T CHARGE THEM ANYTHING TO DO IT. Yup, I was bamboozled like the rest of yall. Contact the bank to find out what that deposit was for. If you had no fees there would be no reason to involve the 3rd party bank. Iwont use them again!!! At that page choose the "For Taxpayers" portal, then on the next page choose "Check with TPG.". Check the IRS site to see how much the refund they issued to you was. PE1 and PE2 are two tax refund codes for taxpayers when they receive a tax refund from the IRS through SBTPG. If you chose to have your TurboTax fees deducted from your federal refund, that is handled by the third party bank. 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). Please return to the forum to see the full comment. I just noticed you're posting in 2 different threads on the same subject. The amount I was suppose to have gotten back is $970. The same thing just happened to me. They payment was not a fourth stimulus check, but rather a refund for taxpayers who overpaid taxes on unemployment compensation in 2020, Your email address will not be published. When you file your return and pay for TurboTax from your refund, then the refund money is sent to the the SBTPG. I don't know how or what they have listed. Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+. 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. Ask questions and learn more about your taxes and finances. Check this IRS "Where's My Refund" tool to see if your Federal refund has been released and sent. See my next comment below on some things to check. The funds were sent to SBTPG and 481.76 of the total was deposited into my 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. They took out $109.00 from my account, and no refund yet?? IRS Surprise Money Issued As People Find Tax Refund Deposits in Bank Accounts. For your privacy and security, please do not post personal info in this public forum. @FatherCarrozza That is a 600 difference. BTW, this is a public Internet forum. Turbo Tax executives have failed in setting up this arrangement. Ask questions and learn more about your taxes and finances. (will not allow numbers), so my bank received a deposit of$97 and some change? The SBTG has been the third party bank that handles refund processing for years. Real experts - to help or even do your taxes for you. Cookie Notice Here's how to get to their refund lookup tool: SBTPG has a phone contact page at the following link. Tax products pe1 sbtpg llc id 3722260102co tax products pe1. Near the end, regarding refund methods and payments, you should see the agreement that they will take their fee out of your refund directly. We understand that these are unprecedented times and were committed to helping our customers who are experiencing hardships. 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.

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