OUTRAGEOUS. the tax preparer stated that i would get my refund within 7-10 days. Tax Products PE4 SBTPG is the bank that processes your refund that it receives from the IRS to deduct your fees and then send it on to your bank. This is the descriptor for the intermediary company (Santa Barbara Tax Products Group, aka SBTPG) that processes a refund when you choose to pay fees out of the Federal refund. for 33 years. Do not use the word refund., https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number. But it can't hurt to see what that tool is showing at SBPTG. So my federal return was $411. My original refund was for $397 and that was confirmed. Use their little refund tool there. Been with Intuit for going on 6 years now. I worked for the I.R.S. I am an Enrolled Agent. Or are you missing your state refund? I received an unusual sum from "TAX PRODUCTS PE4 SBTPG LLC 20190220" I've never had this happen before. I spent my last 11 years at the I.R.S. It is a business-to-business service provider. You may have had a treasury offset, that is when the Treasury Department has seized a portion of your refund to pay a debt. My refund amount is way off. So if the difference you are seeing is not explained by the product fees (and service charge) or a state refund (which comes separately), then the IRS may have reduced your refund. 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. Cost is $4 or less for checks up to $1,000 and $8 or less for checks up to $7,500. What was the response about the huge fee? No upfront fees Tax preparation fees are paid from the refund so there's nothing to pay up-front 1 That's handled by an intermediary company called SBTPG (aka Tax Products Group.) Ive done the same thing every year and never have my taxes said tax products for the deposit. Ask for FREE. Then SBTPG's bank sends the rest of the Federal refund to your bank account. If your sales tax in your state is 4.4% or 6% then you have your answer. The state worked fine but this amount did not. Click onTax Toolson the left side of the online program screen. But with the Coronavirus situation, a lot of correspondence from the IRS has been put on hold, causing delays. THIS IS LEGAL ROBBERY. However, TurboTax hasn't posted an official response. for 33 years. That is the total of Federal and State added together. I just don`t understand !! It is commonly known as the Tax Products Group (TPG). This is apparently a common issue among tax-filers this season. SBTPG charges are $39.99 for a tax refund. You can contact SBTPG (also known as Civista Bank) by calling 877-908-7228. Who is Santa Barbara Tax Products Group? It's always the exact amount on my return. However, if you didnt actively work with TPG Products, its understandable to wonder, Why did I get a deposit from TPG Products?. Tax professionals can offer a tax refund quickly to their clients through this service. The deposit was for 1. Ask for FREE. These are not specific tax products offered by SBTPG. The ACH I received was almost $200 less than the refund Turbotax described. Taxpayers can directly choose the services of TPG without availing of their tax filing services as well. It is more commonly known as TPG. 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 can't see what the link is. My cash app say Pe4 but my turbo tax hasn't updated. Any and all help is greatly appreciated. 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? Turbo Tax doesn't know when you get the refund or when the IRS sent it. My turbotax fees where $173.98. I am an Enrolled Agent. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. Taxpayers can choose to file and receive their tax refunds through TPG in different ways. We'll help you get started or pick up where you left off. As a Green Dot Company, Santa Barbara Tax Products Group makes paying for tax preparation easier and provides fast access to your tax refund via convenient payment methods. That's handled by an intermediary company called SBTPG (aka Tax Products Group.) Print, save or preview this year's return. I worked for the I.R.S. @Ortizj49tkd If you see a transaction listed as Tax Product PE2, typically that refers to the amount you paid TurboTax to prepare your return. my teenage daughter hates me but loves her dad. What To Do When You Lost Your W2 Form? what was this deposit for? Tax production direct deposit load Any state refund (if applicable) comes separately in a direct deposit directly from the state tax agency. 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. Did you mail your return in or efile? Been part of TTLive, Full Service TTL, was part of Accuracy guaran Enrolled Agent since 2008, Intuit Tax Expert since 2011. Therefore, when youll receive the refund, it will be less than what the IRS pays to you. Republic Bank Yunier Serral Explainer Money can be deposited into a checking or savings account. **Disclaimer: Every effort has been made to offer the most correct information possible. What is going on? TPG Product SBTG LLC is a company that was founded in 1991. I worked for the I.R.S. for 33 years. Unfortunately, the IRS has been delayed in processing returns, and some people wont receive the amount they expected in their tax refund. in Mand Been with Intuit for going on 6 years now. Its on the home screen. Also I wasnt supposed to be charged fees, thats the whole point of me saying this. The IRS will issue the 3rd stimulus payment to the same bank account used for a taxpayer's 2nd stimulus payment. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. 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. SBTPG is the bank that takes the Turbo Tax fees out of 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. A file name of "tax return" PDF suggested that they could contain sensitive info, that you should not post in this public Internet forum. 0 Reply 406lafayette New Member June 7, 2019 4:04 PM Fees? Federal is deposited separate from your state return. You had $40 to Santa Barbara bank plus the TurboTax fees would not add up to over $1,000. Discover short videos related to tax products pe2 sbtpg llc deposit on TikTok. Here is their website link, that has their contact information. Please click here to learn more about the Offset Program. Tax products pe5 for sbtpg llc. Several other comments mention similar issuesseeing a deposit from TPG Products, but the deposit isn't their expected tax refund amount. I got much less than expected and will not be using you guys again if this is the case. Or no? We'll help you get started or pick up where you left off. Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement. They provide tax-related financial products and services to their tax preparation and tax software clients. https://ttlc.intuit.com/questions/new">https://ttlc.intuit.com/questions/new. File you get started or pick up where you left off you actually received amount my! Has n't posted an official response, borrowing, reducing debt, investing and! 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