to receive guidance from our tax experts and community. What is TAX PRODUCTS PE1 SBTPG LLC PPD? and why was only a fraction of Once your federal return has been accepted by the IRS, You need your filing status, your Social Security number and the exact amount. I usually use a speakerphone so I can work on something else while waiting. what was this deposit for? Did the information on this page answer your question? How do I file a nonresident state return? vettedparty to do business with. https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online. If I had asked Turbotax to cut a check would there have been such a fee? Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. 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. I just noticed you're posting in 2 different threads on the same subject. How much does it cost to pay taxes with sbtpg? A state refund comes directly from the state tax agency. Also I wasnt supposed to be charged fees, thats the whole point of me saying 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. What you should do:In most instances, no further action is needed but you may check Wheres my refund or you can view youraccount. Using this payment method requires you to directly instruct your financial institution to transfer funds from your bank account to the Departments bank account. 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. (This line has no information on Economic Impact Payments.). Hand off your taxes, get expert help, or do it yourself. **, TAX PRODUCTS PE1 TYPE: SBTPG LLC DATA: BTSN CO: TAX PRODUCTS PE1. I WILL NEVER USE THIS SERVICE AGAIN. Get answers 24/7 at Support.sbtpg.com. 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. Never did I see that a new group was handling the return. To check the status of an e-filed return, open up your desktop product or log into your TurboTax Online Account. It has been over 2 months. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. So why is my return $500 less? Im not understanding why on my turbo tax app it doesnt say or show that my refund was sent but I got money on my card I gave turbo tax. The IRS sent your federal refund to the third party processor, Santa Barbara Tax Products Group, so they could deduct the TurboTax account fees and their service charge. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. I filed my refund in April with TurboTax and still haven't recieved it. ), Look at your actual Federal return to get the Federal refund amount, i.e., your. 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? 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. Did you choose to pay any TurboTax product fees out of your Federal refund? Fees? Millions of taxpayers have not yet received there federal tax refunds. No one here can see your fees or the amount of your refund. 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. If I have to pay a fee Iwill never use turbo tax again . It said that my expected return of $1057 was adjusted down to $456. Now my refund status is saying that my tax return is staill being processed, refund date wil be provided when available? In California, the fee is $45 (where it is bundled as Premium Services).. I looked on SBTPG website and it indicated that it was probably due incorrect information or unusual activity on my SSI number. TurboTax sending refund from a "TPG Products", and refund is - Reddit What Is Tax Products Pr1 Sbtpg Llc? - Law info The dates for receiving a federal tax refund are only estimates on the TurboTax website. Or no? What do TAX PRODUCTS PE4 SBTPG LLC means? 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. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. I did get an email a month and a half again stating it will be deposited soon. Real experts - to help or even do your taxes for you. Perhaps your situation is different. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post. 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. Turbo Tax executives have failed in setting up this arrangement. So youre saying the deducted taxes out of my federal and I received the remainder of it? 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 says directly that the total price (taxes included) is $173.98. Did you choose to pay your TurboTax fees out of your Federal refund, or did you pay upfront with credit/debit card? My refund is hundreds (maybe thousands depending if state return was included in refund). But based on a fee of $125 we can take a guess at what you might have used. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. Tax products pe1 des sbtpg llc id 602388913. Why is the amount that turbo tax said it was going to send, not the same amount that has been deposited into my account? This is a user community forum, and we don't know what your situation is. Premier investment & rental property taxes. Real experts - to help or even do your taxes for you. Here's one, Hey did they ever deposit the rest of your money? Tax Products Pe1 Type: Sbtpg Llc Id: 3722260102 Co: Tax Products Pe1 Ok. That deposit descriptor from "PE2" you provided would most commonly be for a Federal refund. SBTPG has a phone contact page at the following link. 5 Things to Expect After Your Solar Panel Install. So I went digging into the help community and there is a 50-page thread where HUNDREDS of people are experiencing the same thing: https://ttlc.intuit.com/community/after-you-file/discussion/my-refund-is-less-and-comes-from-tpg-products-sbtpg-llc/00/2487834. 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. If you pay the fees upfront with a credit card before you file you get your full refund directly from the IRS. At the end of my doing my returns it said I can be exempted from the paid thing. 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. A lot of people are reporting they are having trouble getting answers or being able to reach TurboTax at all. 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. Edit: Apparently you can get more information on where your missing money is from the TPG website here: https://www.sbtpg.com, TurboTax sending refund from a "TPG Products", and refund is less than it should be for many, https://ttlc.intuit.com/community/after-you-file/discussion/my-refund-is-less-and-comes-from-tpg-products-sbtpg-llc/00/2487834. Required fields are marked *, What Is The Due Date For An Llc Tax Return? This is a user community forum. Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+. 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. At the page below click on 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 will be contacting the MA Attorney General. So Im literally missing thousands! We'll help you get started or pick up where you left off. The truth is that it was a failure of leadership to choose such a poorlyvettedparty to do business with. 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. Check the IRS site to see how much the refund they issued to you was. I elected to have my fees paid from my Federal tax return. have never owed any taxes from the irs. 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. 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 . to receive guidance from our tax experts and community. A state refund comes directly from the state. See this FAQ for what is included in California: FAQ: What is the Premium Services bundle? So I dont know why but Im guessing they took the money from us. Yes. It might provide some information that will help sort out what the $3900 is. 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. How do I get ahold with TurboTax about these fees? 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 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. It also shows their business hours. Have a question for Santa Barbara Tax Products Group (TPG)? Choose 2 for "personal". A file name of "tax return" PDF suggested that they could contain sensitive info, that you should not post in this public Internet forum. IRS Surprise Money Issued As People Find Tax Refund Deposits in Bank Accounts. It was shown on several screens and you had to agree to it. Please click here to learn more about the Offset Program. I have read several of the comments and did research. Don't go by the total of your Federal and state refunds, if applicable. 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. You have clicked a link to a site outside of the TurboTax Community. They are shady shady. The file names were concerning. I didn't get a resolution yet but wanted to get it out to everyone to check the IRS Track my refund for personal updated information. 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 got an Direct Deposit to my account from Tax Products Pe3 in the amount of $135. If you had no fees there would be no reason to involve the 3rd party bank. Tax products pe1 type sbtpg llc co tax products pe1. Please click here to learn more about the Offset Program. The check limit at Walmart in Connecticut is $6,000 and Florida is $1,999.99 per person per day. The refund is from Santa Barbara Tax Products Group. If it's a state refund, it shouldn't say it's from "Tax Products PE3 SBTPG" which is this thread's title. Please dont file a second tax return or contact the IRS about the status of your return. Glad to see Turbo Tax website finally posted a link to SBTPG for us to continue our scavenger hunt. Glad to see Turbo Tax website finally posted a link to SBTPG for us to continue our scavenger hunt. I got NOTHING back that I actually really needed to use. See the tips below. 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. TurboTax has partnered with SBTPG, commonly known as TPG for collecting tax refunds early. Tax Products Pe1 Type: Sbtpg Llc Data: Btsn Co: Tax Products Pe1 The fee for me is $305 Im missing thousands back. These are not normal times. For your original Federal refund you submitted, go by the figure on your Federal Form 1040, Line 35a. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. We continue to send Economic Impact Payments weekly in 2021 as 2020 tax returns are processed. Ask questions and learn more about your taxes and finances. 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. By clicking "Continue", you will leave the Community and be taken to that site instead. 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. If so, only the Federal refund goes through SBTPG. Waiting is frustratingrefunds are taking longer in many cases. Did you talk to an IRS agent, and they confirmed that the IRS did not reduce your refund, and that they sent approx. No one here is going to know anything specific about your situation, and you have not explained it any. In that circumstance the IRS sends one's Federal tax refund to one's temporary account at SBTPG's bank, and . I've already made my complaint against Santa Barbara Tax Products Group. Or it may be due to something completely different, such as an offset or recalculation of some other credit, etc. Or are you saying that the WMR tool shows no evidence at all of an expected deposit? The funds were sent to SBTPG and 481.76 of the total was deposited into my account. 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. Thats handled by an intermediary company called SBTPG (aka Tax Products Group.) **Disclaimer: Every effort has been made to offer the most correct information possible. If you had not agreed to this, contact the firms immediately to sort this out. How much did you get the very next day for the Stimulus? I've seen it work for some users when the WMR tool didn't. what was this deposit for? By clicking "Continue", you will leave the Community and be taken to that site instead. Please dont file a second tax return or contact the IRS about the status of your return. Solved: What do TAX PRODUCTS PE4 SBTPG LLC means? - Intuit Solved: I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but I am sure you have lost a number of customers for this. Hand off your taxes, get expert help, or do it yourself. View solution in original post. 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. If so, was this deposit you received the Federal refund or the state refund? TurboTax never gets information from the IRS or state when they reduce your refund. You do not need to use them. Here's something else you can check. I removed your attached files. is it from irs or from the tax consultants with which i filed? Where is the rest of my refund. We'll help you get started or pick up where you left off.

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