tax products pe1 sbtpg llc tax products pe1 sbtpg llc

The only information TurboTax gets is after efiling, in regard to whether the efiled return was accepted or rejected. Waiting is frustratingrefunds are taking longer in many cases. Since you're posting in this thread, I'll assume you chose to pay your TurboTax fees out of your Federal refund, and that you received the $507 with a description "Tax Products PE3 SBTPG" (or similar) as mentioned in the thread title. I'm not familiar with that. Examples include the direct deposits for any government benefits, tax refunds or earnings you receive and for certain tax payments you might make. I looked on SBTPG website and it indicated that it was probably due incorrect information or unusual activity on my SSI number. Apparently you requested to have the TurboTax account fees deducted from the federal tax refund. I've seen it work for some users when the WMR tool didn't. Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have yourTurboTaxfees deducted from your refund. This is a user community forum, and we don't know what your situation is. If that's the Federal refund after fee subtraction, the figures you provided imply your TurboTax fees and associated charges are 4124 - 3900 = 224. Did the information on this page answer your question? What is tax products pe1 sbtpg - Alicia Lynn Bethals | Facebook Choose 2 for "personal". It may show there what they received from the IRS and how much in fees they took out. You have clicked a link to a site outside of the TurboTax Community. That payment method also has an additional $40 service fee ($45 for California filers) and possible sales. Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+. You requested to have the TurboTax account fees paid from the federal tax refund. This is unacceptable & inaccurate. Or no? Here's one, Hey did they ever deposit the rest of your money? The truth is that it was a failure of leadership to choose such a poorlyvettedparty to do business with. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. Have you checked the IRS "Where's My Refund" tool recently to see if there is any new message there? 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. Apparently, this is a "known issue" and TurboTax is dealing with it, but this is super shady to me. I know for a fact I owe no debt to anyone and my refund was 507?? Did you choose to have your TurboTax fees deducted from your federal refund? Get answers 24/7 at Support.sbtpg.com. They obviously have my routing number for my bank account and have already deposited some. When you scroll down and hit order details for the tax year, it then says total fees (taxes included) and lists an amount. I'll assume that since you are posting in this thread, that you chose to pay your product fees out of your Federal refund and that you have received a deposit from Tax Products PE4 SBTPG (or a variant of that). Required fields are marked *, What Is The Due Date For An Llc Tax Return? So my federal return was $411. I don't know. I can't see what the link is. If you pay the fees upfront with a credit card before you file you get your full refund directly from the IRS. At the following IRS website, find the USA map and click on your state, and it will give you the number of your IRS Taxpayer Advocate. Did the information on this page answer your question? 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. to receive guidance from our tax experts and community. Menu. You might have to look that up so you dont get it twisted. 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. I wasnt supposed to be charged fees! But we can tell you some things to check. Hand off your taxes, get expert help, or do it yourself. This is mainly a user community forum, so no one here will know exactly what you received or didn't receive and why. They just gave you an estimated date. First choose your language. Real experts - to help or even do your taxes for you. Don't ponder if it is coming from the [] If I receive a deposit from TPG Products Sbtpg LLC but it isnt no where near my whole refund, am I getting that back? The deposit was for $197.03. SBTPG has a phone contact page at the following link. Also be sure you are using the Federal amount before any TurboTax fees are taken out (if you chose that option. Irs refund site stated my refund deposited 3/14. If you have a fee issue, here's how to reach TurboTax Customer Support by phone. The amount at least raises the question. You complete your tax return by finishing all3 Stepsin theFilesection. To check on regular tax refund status via automated phone, call800-829-1954. Shouldn't it be $237.02? https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information. 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. Then it will get "tired", and you'll get another menu. They are one who handles your refund if you elect to pay your fees with your refund. 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. Tax products pe1 sbtpg LLC Here is what it means There must be more to your story if you think it was not your Federal refund. what was this deposit for? Santa Barbara TPG Home - tax products that make tax time easy They are short staffed; and they are processing millions of tax returns at the same time that they have been burdened with the task of processing millions of stimulus checks. That's handled by an intermediary company called SBTPG (aka Tax Products Group.) TurboTax never gets information from the IRS or state when they reduce your refund. Did you get it after you filed or not enter in the 2nd box? I think Turbo Tax got the short end on this one. How do I file a nonresident state return? 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. That should have given me a refund of $1807. I think Turbo Tax got the short end on this one. That deposit descriptor from "PE2" you provided would most commonly be for a Federal refund. 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. OUTRAGEOUS. what is this? You have clicked a link to a site outside of the TurboTax Community. You can also try phoning the IRS refund hotline. For the vast majority of folks it is the Federal refund. If that's the case, then as a nice round number of $3,900, it "might" be an economic stimulus payment (see my note at the bottom of this comment.) Who isTax Products PE1 SBTPG LLC? - Ask Me Fast In addition to your product fees there is a $40 service fee for that payment option ($45 for California filers) plus possible sales tax. My original refund was for $397 and that was confirmed. If you don't pay they will debit your account. Real experts - to help or even do your taxes for you. Do not confuse tax products pe1 with tax products pe3. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**. Here's how to reach a live IRS agent, but they are so busy it may not be easy. The description for the deposit often says something like Tax Products PE1 or something similar. why is there an extra $39.99 charged outside of whats already been listed? Part of the fees deducted will be the service fee for paying out of the Federal refund. It has been a failure on their part. Glad to see Turbo Tax website finally posted a link to SBTPG for us to continue our scavenger hunt. Do they process federal and state returns separately? 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. A state refund comes directly from the state tax agency. What message are you seeing? ACH credit is not the preferred payment option for most taxpayers. 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. 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. Where is MY MONEY(?) However, you only mentioned that you were waiting on your state refund. 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. It is not possible for TurboTax to speed up the IRS for you. SBTPG has a phone contact page at the following link. It's not clear yet. I don't know if it's a State or a Federal tax issue. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected. Cost is $4 or less for checks up to $1,000 and $8 or less for checks up to $7,500. And I only received $61 from an unknown deposit. It said that my expected return of $1057 was adjusted down to $456. 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. 800-829-1954. In that circumstance the IRS sends one's Federal tax refund to one's temporary account at SBTPG's bank, and . If I have to pay a fee Iwill never use turbo tax again . 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. I got an Direct Deposit to my account from Tax Products Pe3 in the amount of $135. All about the refund | Ask the Experts Live Ev Premier investment & rental property taxes. Dont ponder if it is coming from the IRS or from the refund deposit. How did you pay your TurboTax fees? to receive guidance from our tax experts and community. You can contact them SBTPG, toll-free, at1-877-908-7228or go to their secure websitewww.sbtpg.com. 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 . This is a user community forum, not a direct route to TurboTax Support. That is your federal refund minus the fees. It looks like the forum privacy filter redacted your email address above for your privacy/security. Privacy Policy. to receive guidance from our tax experts and community. 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? 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. I will not be using TurboTax again. Solved: I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but Once your federal return has been accepted by the IRS, You need your filing status, your Social Security number and the exact amount. Or if you want to phone the IRS, you may be able to inquire. When calling the IRS do not choose the first choice re: "Refund", or it will send you to an automated phone line. I have used that payment option before without any issues. The system said due to COVID-19 , your fees are waived and will not charge any. What was $507? ACH credit is an electronic payment method that you may use to pay tax liabilities. 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. 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. TAX PRODUCTS PE1 SBTPG LLC , What is this? - Ask Me Fast I usually use a speakerphone so I can work on something else while waiting. But it can't hurt to see what that tool is showing at SBPTG. It has been over 2 months. I filed my refund in April with TurboTax and still haven't recieved it. EdwardLO. Ask questions and learn more about your taxes and finances. 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. Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Im having the same issue. Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have yourTurboTaxfees deducted from your refund. Please click here to learn more about the Offset Program. . 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? 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. Waiting is frustratingrefunds are taking longer in many cases. 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. You might have to look that up so you don't get it twisted. Here's how to get to their refund lookup tool: SBTPG has a phone contact page at the following link. Were working hard to get through the backlog. https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632, https://support.turbotax.intuit.com/contact. If you are in California, then you also get additional benefits with the "pay out of the refund" option. 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. $1600? We'll help you get started or pick up where you left off. 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. But people who did not receive the maximum amount of the Economic Stimulus Payment, and whose circumstances have changed, may be eligible now. You have clicked a link to a site outside of the TurboTax Community. 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. But based on a fee of $125 we can take a guess at what you might have used. 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.) 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 total refund was about 1600.00 . Tax products pe1 type sbtpg llc co tax products pe1. They charged me $ 59.95 for a "software upgrade" in order to send my return electronically. No one here can see your fees or the amount of your refund. That was a lie!! In California, the fee is $45 (where it is bundled as Premium Services).. what was this deposit for? TurboTax does not receive any updates from the IRS. Sorry you're having trouble, but you're preaching to the choir here. 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. What Is Tax Products Pr1 Sbtpg Llc? - Law info But first check the IRS "Where's My Refund" tool at the link below. Or it may be due to something completely different, such as an offset or recalculation of some other credit, etc. Where did you see that? Your TurboTax account will remain at Accepted. Does anybody know what is going on here? By clicking "Continue", you will leave the Community and be taken to that site instead. New Member. 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. $1600 to 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? To the leadership of turbo tax, you can blame it on your second party vender. **Disclaimer: Every effort has been made to offer the most correct information possible. It should show what SBTPG received from the IRS. I did get an email a month and a half again stating it will be deposited soon. 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. If you have any Questions you can call the (BFS) Bureau of Fiscal Service . An ACH credit refers to an electronic financial deposit from one bank to another. Then SBTPGs bank sends the rest of the Federal refund to your bank account. What Online TurboTax product did you use--Free Edition with PLUS, Deluxe, Premier, Self-Employed? We'll help you get started or pick up where you left off. Cookie Notice Did the information on this page answer your question? Be sure you enter the correct SSN and filing status. TAX PRODUCTS PE1 TYPE: SBTPG LLC DATA: BTSN CO: TAX PRODUCTS PE1 - Intuit what was this deposit for? Its on the home screen. Did you have 600 on 1040 line 30? Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. I did check the IRS website today and my account was updated. I figured it out from the deposit into my account and several other sources. I have life lock and I have a clean SSI according to them. I did check with the IRS. Have a question for Santa Barbara Tax Products Group (TPG)? Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+ 7 5 104,698 Reply. I don't think they list the Pay with Refund fee. **, TAX PRODUCTS PE1 TYPE: SBTPG LLC DATA: BTSN CO: TAX PRODUCTS PE1. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. Tax Products Pe1 Type: Sbtpg Llc Data: Btsn Co: Tax Products Pe1 IF the Federal Government feels that you received any unemployment benefits either by accident or fraud, they will automatically deduct it from your federal return. I WILL NEVER USE THIS SERVICE AGAIN. I have and i did. The extra fee is for that optional "pay out of refund" option. reply by email or better yet call me or give me a number to call. Did the information on this page answer your question? Currently, check cashing at Walmart is not available in NJ and NY. 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. It also shows their business hours. I got refund from ach credit tax products pr sbtpg llc today. 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. 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. I checked my federal return status. 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Any and all help is greatly appreciated. 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. Then in the next menu choose 4 for "all other inquiries", and it should transfer you to an agent but expect a long wait. If you had not agreed to this, contact the firms immediately to sort this out. All about the refund | Ask the Experts Live Ev Premier investment & rental property taxes. They can receive a refund through a check, direct deposit, or ACH transfer. I had a deposit in my account from tax products pe1/sbtpg llc. If the Taxpayer Advocate can't/won't help you, ask them to transfer you to an an IRS agent. There may have also been sales taxes, if applicable. You mentioned the IRS. Real experts - to help or even do your taxes for you. You can also check out this TPG Refund Tracker to check on your refund. BTW, this is a public Internet forum. Then SBTPG's bank sends the rest of the Federal refund to your bank account. Tax Products Pe1 Type: Sbtpg Llc Id: 3722260102 Co: Tax Products Pe1 It is possible for SBTPG to receive and pass along a stimulus payment as a "refund" in some instances. That was where the issue lies. Is that all it said for a description? The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post. 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. Iwont use them again!!! The Recovery Rebate Credit is a special one-time benefit that most people received last year in the form of an Economic Stimulus Payment. (Question). Did the IRS WMR tool give you an expected deposit date, even if the bars at the top didn't yet say "sent?" In any case, if they reduced it, they should send you a letter in 3 or so weeks explaining why. We'll help you get started or pick up where you left off. Was that the second Stimulus check or the tax refund from the IRS? Many refunds are taking longer during the pandemic. Is your account a bank account or a prepaid debit card 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? In most instances, no further action is needed but you may check Wheres my refund or you can view your. 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.