tax products pe1 sbtpg llc
That payment method also has an additional $40 service fee ($45 for California filers) and possible sales tax. How much did you get the very next day for the Stimulus? where is the r; I got refund from ach credit tax products pr sbtpg llc today. Go to this IRS website for operational status -https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue. $1600? I have used that payment option before without any issues. PE1 and PE2 are two tax refund codes for taxpayers when they receive a tax refund from the IRS through SBTPG. Or does it also say "Tax Products" and/or SBTPG? What did you mean by the term "total refund" above? Federal and state are completely separate and refunds come at different times from different places. Is your refund taking an unusually long time to arrive? Who do I contact regarding the Remainder of My Refund? Real experts - to help or even do your taxes for you. 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. 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. A lot of people are reporting they are having trouble getting answers or being able to reach TurboTax at all. Who is this Santa Barbara Tax Group and why is this happening this time? Will never use turbotax again this Hidden fees kill me, Dont recommended right now to many shady deductions. At the end of my doing my returns it said I can be exempted from the paid thing. If I receive a deposit from TPG Products Sbtpg LLC but it isnt no where near my whole refund, am I getting that back? Glad to see Turbo Tax website finally posted a link to SBTPG for us to continue our scavenger hunt. If they reduced it, it might have a message telling you why. have never owed any taxes from the irs. Turbo Tax executives have failed in setting up this arrangement. If you believe there's a discrepancy with your TPG Products deposit or the fees that were deducted for tax preparation services, you can reach SBTPG at 877 . Any and all help is greatly appreciated. Nc tax refund: i e-file my nc tax refund and it was accepted by them on 03/01/2012 at 1:58 pm. TurboTax is committed to protecting your personal information. I still have not received my federal refund. No one here is going to know anything specific about your situation, and you have not explained it any. If not, I've provided a link below. Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+ 7 5 104,698 Reply. Or no? Your email address will not be published. After filing eith Inuit Turbo Tax for YEARS, March of 2022 they fucked me over and took more than HALF my refund with hidden fees and bullshit excuses. **Disclaimer: Every effort has been made to offer the most correct information possible. 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. This option also has an additional charge from the bank that processes the transaction. No telling who might try to contact you and spam/scam you. You may have received an email from our partner Santa Barbara Tax Products Group (SBTPG) regarding a hold on your federal refund. Contact the bank to find out what that deposit was for. It was shown on several screens and you had to agree to it. Then he can check with the IRS to see if they can explain the $507 payment and if his Federal refund has actually even been sent. If you have a fee issue, here's how to reach TurboTax Customer Support by phone. You didn't comment on what you found there. I would be FUMING. It also shows their business hours. 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. what was this deposit for? 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. The file names were concerning. That is your federal refund minus the fees. Not a big deal or amount, but it's the principle here. These are not normal times. Its on the home screen. what is this. 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. And is your Federal refund on your Federal return Form 1040, Line 21a approx. Or had you already received your Federal refund? Also be sure you are using the Federal amount before any TurboTax fees are taken out (if you chose that option. How do I file a nonresident state return? There may have also been sales taxes, if applicable. But in some circumstances it's possible that SBTPG receives an economic stimulus payment. 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. Did the information on this page answer your question? Hand off your taxes, get expert help, or do it yourself. Sorry you're having trouble, but you're preaching to the choir here. Premier investment & rental property taxes. That's handled by an intermediary company called SBTPG (aka Tax Products Group.) The ACH I received was almost $200 less than the refund Turbotax described. We can tell you how to contact SBTPG (Tax Products Group) and ask them if you don't know what the deposit from them was for. To the leadership of turbo tax, you can blame it on your second party vender. The bank receives your refund, takes out the fees and sends the rest of the refund to you. 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. Iwont use them again!!! Real experts - to help or even do your taxes for you. It also shows their business hours. That was a lie!! Article continues below advertisement. For your privacy and security, please do not post personal info in this public forum. 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. What all does it say? Yes, I do have $600 on line 30. 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. TurboTax never gets information from the IRS or state when they reduce your refund. for information regarding your refund. You need your filing status, your Social Security number and the exact amount (line 20 of your Form 1040) of your federal refund to track your Federal refund: https://ttlc.intuit.com/questions/1899433-how-do-i-track-my-state-refund, https://ttlc.intuit.com/questions/1901548-why-do-some-refunds-take-longer-than-others. 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. Here's how to reach a live IRS agent, but they are so busy it may not be easy. Part of the fees deducted will be the service fee for paying out of the Federal refund. I got much less than expected and will not be using you guys again if this is the case. to receive guidance from our tax experts and community. In California, the fee is $45 (where it is bundled as Premium Services).. There may have also been sales taxes, if applicable. I removed your attached files. The state worked fine but this amount did not. 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. This is mainly a user community forum, so TurboTax folks will not see your posting. to receive guidance from our tax experts and community. 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. There is also a $40 service charge for the totally optional service. Real experts - to help or even do your taxes for you. https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information. My original refund was for $397 and that was confirmed. 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. A couple of users reported that at least for them, that was a backdoor route to the IRS. 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. Irs refund site stated my refund deposited 3/14. If so, was this deposit you received the Federal refund or the state refund? Did you choose to pay your TurboTax fees out of your Federal refund, or did you pay upfront with credit/debit card? To check on regular tax refund status via automated phone, call, . This is atrocious that TurboTax failed to mention this entity. Did you get it after you filed or not enter in the 2nd box? Please return to the forum to see the full comment. Did you have 600 on 1040 line 30? I have life lock and I have a clean SSI according to them. 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. Your tax refund was not sent to TurboTax. I have and i did. They are shady shady. what is this? But we can tell you some things to check. Check this IRS "Where's My Refund" tool to see if your Federal refund has been released and sent. By clicking "Continue", you will leave the Community and be taken to that site instead. If a debit card, did you apply for a Turbo Visa Debit Card and got a refund advance? Please advise. BETWEEN TURBOTAX AND THEIR THIRD PARTY SANTA BARBARA BANK THEY TOOK THE LITTLE BIT OF MY MONEY. what was this deposit for? what was this deposit for? Premier investment & rental property taxes. 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.) 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. We'll help you get started or pick up where you left off. SBTPG sending me a refund that is almost $2,000 less than the refund I was supposed to be getting back? 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." (This line has no information on Economic Impact Payments.). 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? I am sure you have lost a number of customers for this. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. https://ttlc.intuit.com/questions/1901364-why-was-my-bank-account-auto-debited-for-turbotax-fees. 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.) If you chose to pay your TurboTax product fees out of your Federal refund, that is handled by a third-party company SBTPG. Then press 1 for "form, tax history, or payment". You will need to contactTPG for information regarding your refund. to receive guidance from our tax experts and community. Tax products pe1 type sbtpg llc co tax products pe1. InStep 3, to e-file your tax return, you must click on the large Orange button labeled "Transmit my returns now". What do TAX PRODUCTS PE4 SBTPG LLC means? That should have given me a refund of $1807. When you file your return and pay for TurboTax from your refund, then the refund money is sent to the the SBTPG. Why is the amount that turbo tax said it was going to send, not the same amount that has been deposited into my account? 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). Are you including the extra 39.99 Refund Processing Service charge (44.99 in California)? Choose 2 for "personal". You have clicked a link to a site outside of the TurboTax Community. You have clicked a link to a site outside of the TurboTax Community. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Ask questions and learn more about your taxes and finances. Or it may be due to something completely different, such as an offset or recalculation of some other credit, etc. I don't think they list the Pay with Refund fee. The deposit was for $197.03. They are one who handles your refund if you elect to pay your fees with your refund. Click onTax Toolson the left side of the online program screen. Viewing your IRS account information. First choose your language. 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? I usually use a speakerphone so I can work on something else while waiting. Im having the same issue. 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. The dates for receiving a federal tax refund are only estimates on the TurboTax website. They obviously have my routing number for my bank account and have already deposited some. Here's how to get to their refund lookup tool: SBTPG has a phone contact page at the following link. i recieved a notice last week that the refund was being deposited in my account but i never received it. User @Kberes93has been calling it his Federal refund, but perhaps it is a stimulus payment. Millions of taxpayers have not yet received there federal tax refunds. Once your federal return has been accepted by the IRS, only the IRS has any control. $1600 to SBTPG? The same thing just happened to me. I elected to have my fees paid from my Federal tax return. I added some additional information to my initial comment above. Check the IRS site to see how much the refund they issued to you was. Check your spam folder for emails. The IRS started sending the third Economic Impact Payments to eligible individuals on March 12, 2021. The IRS is seriously behind in processing 2020 tax returns. By clicking "Continue", you will leave the Community and be taken to that site instead. This option also has an additional charge from the bank that processes the transaction. 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. Tax products pe1 des sbtpg llc id 602388913. It might provide some information that will help sort out what the $3900 is. Ask questions and learn more about your taxes and finances. The truth is that it was a failure of leadership to choose such a poorlyvettedparty to do business with. They can receive a refund through a check, direct deposit, or ACH transfer. what was this deposit for? The extra fee is for that optional "pay out of refund" option. 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. Turbo tax has been a great product that I have used for over 20 years without any reservation for my personal and businesstaxes. **Disclaimer: Every effort has been made to offer the most correct information possible. one eight hundred three zero four thirty one oh seven. Now my refund status is saying that my tax return is staill being processed, refund date wil be provided when available? I did check the IRS website today and my account was updated. The fee for me is $305 Im missing thousands back. 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. Many refunds are taking longer during the pandemic. They took out $109.00 from my account, and no refund yet?? I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. The amount I was suppose to have gotten back is $970. It's not clear yet. vettedparty to do business with. If you are also due a state refund, it comes separately. Ironically, a stimulus payment could equal a round figure of $3,900 if there are 2 spouses and 3 dependents. 5 Things to Expect After Your Solar Panel Install. By clicking "Continue", you will leave the Community and be taken to that site instead. IRS Surprise Money Issued As People Find Tax Refund Deposits in Bank Accounts. To check the status of an e-filed return, open up your desktop product or log into your TurboTax Online Account. 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. There must be more to your story if you think it was not 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. 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. What information is incorrect? The total refund was about 1600.00 . I can't see what the link is. If not, you need to provide some info. By clicking "Continue", you will leave the Community and be taken to that site instead. It is not possible for TurboTax to speed up the IRS for you. https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information. i am in the same boat here i was suppose to get 943 and got 521 over 400 dollars less than my tax return stated on turbo tax. Ask questions and learn more about your taxes and finances. After the tax return has beenAcceptedby the IRS (meaning only that they received the return) it will be in theProcessingmode until the tax refund has beenApprovedand then anIssue Datewill be available on the IRS website. If so, it comes separately in another deposit straight from the state tax agency. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**. All about the refund | Ask the Experts Live Ev Premier investment & rental property taxes. 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?