tax products pe1 sbtpg llc

An ACH credit refers to an electronic financial deposit from one bank to another. I WILL NEVER USE THIS SERVICE AGAIN. This is atrocious that TurboTax failed to mention this entity. Ask questions and learn more about your taxes and finances. Did the information on this page answer your question? Now my refund status is saying that my tax return is staill being processed, refund date wil be provided when available? Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+ 7 5 104,698 Reply. 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. 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. Where did you see that? 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. There is an EXTRA 39.99 for that Refund Processing Service. I still have not received my federal refund. So why is my return $500 less? Did you have both Federal and state refunds? 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. The check limit at Walmart in Connecticut is $6,000 and Florida is $1,999.99 per person per day. That was a lie!! Here's how to reach a live IRS agent, but they are so busy it may not be easy. Electronic deposit tax products pe1 No one here is going to know anything specific about your situation, and you have not explained it any. Ask questions and learn more about your taxes and finances. Ask questions and learn more about your taxes and finances. Don't go by the total of your Federal and state refunds, if applicable. In California, the fee is $45 (where it is bundled as Premium Services).. Millions of taxpayers have not yet received there federal tax refunds. why dont u reply to my message? 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 Im literally missing thousands! 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. If so, it comes separately in another deposit straight from the state tax agency. Be sure you enter the correct SSN and filing status. If you want to remove anything else, such as your name, you can edit your question by clicking the 3-dot icon just to the right of your question title, then choosing Edit. However, you only mentioned that you were waiting on your state refund. Real experts - to help or even do your taxes for you. Do not go by any summary screen in TurboTax that shows a "Total refund" or "net", which combines the Federal and state amounts into one figure. You can also check out this TPG Refund Tracker to check on your refund. 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. It was shown on several screens and you had to agree to it. If so, only the Federal refund goes through SBTPG. 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. Near the end, regarding refund methods and payments, you should see the agreement that they will take their fee out of your refund directly. That was where the issue lies. It's not clear yet. If you have any Questions you can call the (BFS) Bureau of Fiscal Service . You do not need to use them. I just received a deposit of frickin $19. For your original Federal refund you submitted, go by the figure on your Federal Form 1040, Line 35a. 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. That's handled by an intermediary company called SBTPG (aka Tax Products Group.) That service fee is avoided if one chooses to pay upfront by credit/debit card. Consumer Tax/Taxpayer. **Disclaimer: Every effort has been made to offer the most correct information possible. If you are also due a state refund, it comes separately. A file name of "tax return" PDF suggested that they could contain sensitive info, that you should not post in this public Internet forum. The SBTG has been the third party bank that handles refund processing for years. 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. InStep 3, to e-file your tax return, you must click on the large Orange button labeled "Transmit my returns now". 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. If it has that descriptor, it would be a Federal payment A state refund would come directly from the state tax agency instead. I know for a fact I owe no debt to anyone and my refund was 507?? I got an Direct Deposit to my account from Tax Products Pe3 in the amount of $135. June 7, 2019 4:04 PM. A couple of users reported that at least for them, that was a backdoor route to the IRS. Premier investment & rental property taxes. I think Turbo Tax got the short end on this one. They are one who handles your refund if you elect to pay your fees with your refund. 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. Please click here to learn more about the Offset Program. $1600 to SBTPG? Have you checked the IRS "Where's My Refund" tool recently to see if there is any new message there? It says directly that the total price (taxes included) is $173.98. Or had you already received your Federal refund? SBTPG already deposited some of the money, so why are they holding the remainder up now? If the Taxpayer Advocate can't/won't help you, ask them to transfer you to an an IRS agent. Apparently you requested to have the TurboTax account fees deducted from the federal tax refund. See this FAQ for what is included in California: FAQ: What is the Premium Services bundle? I figured it out from the deposit into my account and several other sources. Hand off your taxes, get expert help, or do it yourself. Check the IRS site to see how much the refund they issued to you was. Ask questions and learn more about your taxes and finances. 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). to receive guidance from our tax experts and community. But first check the IRS "Where's My Refund" tool at the link below. My turbotax fees where $173.98. It also shows their business hours. The funds were sent to SBTPG and 481.76 of the total was deposited into my account. Im having the same issue. What you should do:In most instances, no further action is needed but you may check Wheres my refund or you can view youraccount. By clicking "Continue", you will leave the Community and be taken to that site instead. what is this. Currently, check cashing at Walmart is not available in NJ and NY. Where is the rest of my refund. Premier investment & rental property taxes. https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information. 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. What is tax products pe1 sbtpg LLC????? If you have a question about your TurboTax fees or billing, make sure you use the word billing in your request for help. But people who did not receive the maximum amount of the Economic Stimulus Payment, and whose circumstances have changed, may be eligible now. But it can't hurt to see what that tool is showing at SBPTG. 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. Turbo Tax doesn't know when you get the refund or when the IRS sent it. 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. who are they? 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. 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). I don't know if it's a State or a Federal tax issue. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. You will need to contactTPG for information regarding your refund. what was this deposit for? If so, was this deposit you received the Federal refund or the state refund? We understand that these are unprecedented times and were committed to helping our customers who are experiencing hardships. We continue to send Economic Impact Payments weekly in 2021 as 2020 tax returns are processed. A lot of people are reporting they are having trouble getting answers or being able to reach TurboTax at all. If they reduced it, it might have a message telling you why. to receive guidance from our tax experts and community. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post. It also shows their business hours. The state worked fine but this amount did not. Is your account a bank account or a prepaid debit card account? So that adds up to $120 (or $125 if you are in California.). Oh my. 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. There is also an additional $40 service fee for that payment method ($45 for California filers.). That payment method also has an additional $40 service fee ($45 for California filers) and possible sales. Im saying is that it should included with the total im seeing on the home screen, so when i go back and check, every thing adds up when i start doing the math. vettedparty to do business with. For your privacy and security, please do not post personal info in this public forum. This is a user community forum. You have clicked a link to a site outside of the TurboTax Community. Cost is $4 or less for checks up to $1,000 and $8 or less for checks up to $7,500. You might have to look that up so you don't get it twisted. You can find your status within the TurboTax product. Real experts - to help or even do your taxes for 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. Sorry you're having trouble, but you're preaching to the choir here. This option also has an additional charge from the bank that processes the transaction. Hand off your taxes, get expert help, or do it yourself. How did you pay your TurboTax fees? I have life lock and I have a clean SSI according to them. They deduct the money that you owe for TurboTax plus a fee to pay with refund. To check on regular tax refund status via automated phone, call800-829-1954. why is there an extra $39.99 charged outside of whats already been listed? Never did I see that a new group was handling the return. Tax products pe2 sbtpg llc ppd. Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return. Print, save or preview this year's return. We'll help you get started or pick up where you left off. They took out $109.00 from my account, and no refund yet?? Ion even know what pe3 stands for, just hoping that's not my tax return. There may have also been sales taxes, if applicable. 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 unacceptable & inaccurate. By clicking "Continue", you will leave the Community and be taken to that site instead. IRS: 800-829-1040 (7AM-7 PM local time) Monday-Friday. I have used that payment option before without any issues. That deposit descriptor from "PE2" you provided would most commonly be for a Federal refund. I was told that is what to get. You would need to explain that more, including what products you used. 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. In any case, if they reduced it, they should send you a letter in 3 or so weeks explaining why. Is that all it said for a description? SBTPG has a phone contact page at the following link. what was this deposit for? 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 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. @Kberes93 Please clarify what the description of your deposit is in your account. A refund from a filed tax return, including an amended tax return or an IRS tax adjustment to your tax account this will show as being from the IRS (IRS TREAS 310) and carry the code TAX REF.. This is a user community forum, not a direct route to TurboTax Support. Please call the Treasury Offset Program at 800-304-3107 to find out if this is what happened to you. 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. 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. It may show there what they received from the IRS and how much in fees they took out. You can log into the SBTPG refund lookup tool at their website, to see if you can learn anything about your Federal refund amount. 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. 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? Cookie Notice If you had no fees there would be no reason to involve the 3rd party bank. What was $507? The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post. 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. So I dont know why but Im guessing they took the money from us. TurboTax would have sent several emails to you before they took the money out of your account. Who do I contact regarding the Remainder of My Refund? The TurboTax program does not get feedback from the IRS either during return processing or when a refund has been sent. SBTPG did not contact me at all. There is also a $40 service charge for the totally optional service. to receive guidance from our tax experts and community. If not, you need to provide some info. You requested to have the TurboTax account fees paid from the federal tax refund. to receive guidance from our tax experts and community. 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. what is the shortest possible time for an eft to reach my bank? Or if you want to phone the IRS, you may be able to inquire. If it becomes necessary, I also left info below on how to speak to the IRS Taxpayer Advocate Service. Were working hard to get through the backlog. We'll help you get started or pick up where you left off. $1600? I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet.

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