Tax Products Pe1 Phone Number QATAX from qatax.blogspot.com. If I receive a deposit from TPG Products Sbtpg LLC but it isnt no where near my whole refund, am I getting that back? Contact Us - Santa Barbara Tax Products Group Contact Us Get answers to your questions right away. On the next screen choose "Check with TPG.". Click onTax Toolson the left side of the online program screen. If so, they should send you a letter in about 3 weeks or so explaining why. Money can be deposited into a checking or savings account. TPG Product SBTG LLC is a company that was founded in 1991. https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. Thats handled by an intermediary company called SBTPG (aka Tax Products Group.) @Ortizj49tkd If you see a transaction listed as Tax Product PE2, typically that refers to the amount you paid TurboTax to prepare your return. It was founded in 1991 and is now a Green Dot company since 2014. 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. Learn more about where checks can be cashed.3, Cashier's checks issued by TPG may be cashed at over 11,000 locations nationwide, + Checks up to $7,500 cashed for a cost up to $84, + Available at participating Walmart stores thru December 31, + Available at any Wells Fargo bank location thru December 31. If their clients have past dues, TPG would collect them from the clients on their behalf. See the TurboTax FAQ link below for more information about why your deposit may be less than expected. Please click here to learn more about the Offset Program. However, the tax professional may charge you additional fees for tax preparation or other services. https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632, https://support.turbotax.intuit.com/contact. If you efiled you might have upgraded to a higher version and didn't notice the fees if they were selected to be deducted from your refund. That is your federal refund minus the fees. Jul 14, 2022 Instead, their money was deposited in Santa Barbara Tax Product Group also known as TPG, which is the bank that processes refunds when you The tax return will include TPG's info so the IRS and/or the state will know where to send the tax refund. https://ttlc.intuit.com/questions/new">https://ttlc.intuit.com/questions/newhttps://ttlc.intuit.com How to amend (change or correct) a return you' How do I fix e-file reject IND-031-04 or IND-0 Premier investment & rental property taxes. Been part of TTLive, Full Service TTL, was part of Accuracy guaran Enrolled Agent since 2008, Intuit Tax Expert since 2011. Thank you for the response. Tax preparation fees are paid from the refund so there's nothing to pay up-front1, Secure, fast payment with convenient refund disbursement options, Tax refund is available the same day the IRS issues the automated payment. It is another short-term financing facility from TPG that lets tax professionals receive an advance payment when they make a tax filing through TPG. It does not make sense. It also shows their business hours. After going through the process of preparing your annual tax return, you naturally want to receive your full tax refund and get it promptly. However, if you didnt actively work with TPG Products, its understandable to wonder, Why did I get a deposit from TPG Products?. If so, here's how to check on at the SBTPG website. Any state refund (if applicable) comes separately in a direct deposit directly from the state tax agency. 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. 3 Check with your tax professional or software provider for availability. That was a lie!! SBTPG is an abbreviation for Santa Barbara Tax Products Group. Note: The refund amount will be less than what you expect because you opted to pay the tax filing fee through the refund amount when applying through SBTPG. SBTPG is the bank that removes Turbo Tax fees from your federal refund. The first stimulus payments are expected to reach taxpayers' bank accounts starting March 17, and the IRS expects to deliver most stimulus payments within the next 3 weeks. Please return to the forum to see the full comment. Tax products pe2 sbtpg llc deposit. Can someone explain why I would have a tax product deposit in my account when Ive NEVER done business with turbo tax? 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. I am waiting for my Federal tax return but I saw this today. what was this deposit for? do ir. The state worked fine but this amount did not. I have and i did. 0 Reply 406lafayette New Member June 7, 2019 4:04 PM Fees? No, PE1 and PE2 are two bank transfer codes that will show up on your bank statement sometimes. the tax preparer stated that i would get my refund within 7-10 days. I am an Enrolled Agent. Tax professionals may issue checks from their office once IRS or state funding is received. For example, both Intuit, the maker of TurboTax, and TaxSlayer.com have been fielding questions in their online forums since early in 2022 about why TPG Products is showing up on tax forms. It mainly serves taxpayers through a wide range of tax services offered by its tax professional partners, individuals, and online tax preparers. What is it exactly? Ask Your Question Fast! I remember seeing the tax product thing towards the end of me filing. Why Did I Get My Deposit Less Than What I Expected? It stands for Santa Barbara Tax Products Group or formally known as TPG. I just don`t understand !! I dont owe any child support , no judgments, dont owe the IRS back taxes. I am an Enrolled Agent. for 33 years. 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. Community Experts online right now. Tax products pe2 sbtpg llc direct deposit. You'll decide how you want to receive your refund amount too. So my tax return should of been $544. Been with Intuit for going on 6 years now. Is that all it said for a description? TPG is located in San Diego, California. Why is the amount that turbo tax said it was going to send, not the same amount that has been deposited into my account? 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. You may have had a treasury offset, that is when the Treasury Department has seized a portion of your refund to pay a debt. Been with Intuit for going on 6 years now. Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+ 7 5 103,110 Reply. What is it that makes you think that the deposit from Tax Products Group is not a Federal refund? But in some circumstances it's possible that SBTPG receives an economic stimulus payment. A Green Dot Company NMLS ID# 914924 | Technology Privacy Statement, Tax preparation fees are paid from the refund so there's nothing to pay up-front. Will I still get that? If i filed my tax return on 1/31/13 direct deposit how long will it take to get refund? You should call the SBTPG and see if they sent you someone else's refund. Doesn't seem to have worked as I am now having to ask where is the rest @Ramrod360 Short $1,000+ sounds like an offset or an adjustment. That deposit descriptor from "PE2" you provided would most commonly be for a Federal refund. Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement. The company identifies itself as a consumer-friendly service provider with fair pricing. People may receive compensation for some links to products and services on this website. Ironically, a stimulus payment could equal a round figure of $3,900 if there are 2 spouses and 3 dependents. Missing thousands of dollars.. was only Direct Deposited $450 vs $4,000+. It says directly that the total price (taxes included) is $173.98. Once the refund amount is issued to TPG, all associated tax preparation fees are withheld and paid, and the remaining funds are issued to the taxpayer. Or your return was submitted and the IRS garnished your refund. I spent my last 11 years at the I.R.S. 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. In addition to the product fees and possible sales tax, there is a $40 service fee for that payment option ($45 for California filers). Then from that amount subtract your product fees, and the $40 service fee for that payment method ($45 for California filers), plus possible sales taxes. for 33 years. A member of our support staff will respond as soon as possible.
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