Do not confuse tax products pe1 with tax products pe3. It says directly that the total price (taxes included) is $173.98. Consumer Tax/Taxpayer. 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. 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. If a debit card, did you apply for a Turbo Visa Debit Card and got a refund advance? What all does it say? IRS Surprise Money Issued As People Find Tax Refund Deposits in Bank Accounts. If it's a state refund, it shouldn't say it's from "Tax Products PE3 SBTPG" which is this thread's title. If you have no luck reaching the IRS, you can try contacting the IRS Taxpayer Advocate Service for your area. In any case I told him to check with SBTPG for the first step (assuming that the deposit descriptor shows it was from them). SBTPG sending me a refund that is almost $2,000 less than the refund I was supposed to be getting back? We'll help you get started or pick up where you left off. The total refund was about 1600.00 . And I only received $61 from an unknown deposit. Premier investment & rental property taxes. You can also check out this TPG Refund Tracker to check on your refund. 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. So why is my return $500 less? EdwardLO. Do they process federal and state returns separately? Check your spam folder for emails. If it becomes necessary, I also left info below on how to speak to the IRS Taxpayer Advocate Service. If you chose to pay your TurboTax product fees out of your Federal refund, that is handled by a third-party company SBTPG. Go to this IRS website for operational status -https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue. I don't know if it's a State or a Federal tax issue. Who do I contact regarding the Remainder of My 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. Tax products pe1 type sbtpg llc co tax products pe1. In most instances, no further action is needed but you may check Wheres my refund or you can view your. Please click here to learn more about the Offset Program. Please click here to learn more about the Offset Program. It also shows their business hours. June 7, 2019 4:04 PM. SBTPG has a phone contact page at the following link. So I dont know why but Im guessing they took the money from us. If it was the IRS that reduced your refund, there may be a message in the "Where's My Refund" tool if it was due to an offset. Then listen to each menu before making the selection. This is a user community forum, and we don't know what your situation is. Tax products pe1 sbtpg llc id 3722260102co tax products pe1. Its on the home screen. How to Boost Adrenaline and Get Money Gambling Online. The check limit at Walmart in Connecticut is $6,000 and Florida is $1,999.99 per person per day. (This line has no information on Economic Impact Payments. 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. Will never use turbotax again this Hidden fees kill me, Dont recommended right now to many shady deductions. What is tax products pe1 sbtpg LLC????? It is likely from the third-party company whose intermediary bank receives your Federal refund from the IRS, subtracts the fees, then sends the rest of your funds to your bank. You didn't say anything about your Federal refund. We'll help you get started or pick up where you left off. Then click onPrint Center. And if you save a PDF of the return with all the worksheets you will see this in the Bank Processing information. I got an Direct Deposit to my account from Tax Products Pe3 in the amount of $135. Real experts - to help or even do your taxes for you. 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. If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing. what is this. You have clicked a link to a site outside of the TurboTax Community. It may lead to more research or give you the answers everyone has been looking for. Tax products pr1 sbtpg llc 130220 Nc tax refund: i e-file my nc tax refund and it was accepted by them on 03/01/2012 at 1:58 pm. Don't ponder if it is coming from the [] Hand off your taxes, get expert help, or do it yourself. i recieved a notice last week that the refund was being deposited in my account but i never received it. The system said due to COVID-19 , your fees are waived and will not charge any. I am sure you have lost a number of customers for this. You said "bank checking account" above. Please call the Treasury Offset Program at 800-304-3107 to find out if this is what happened to you. Real experts - to help or even do your taxes for you. PE1 and PE2 are two tax refund codes for taxpayers when they receive a tax refund from the IRS through SBTPG. Tax products pe1 des sbtpg llc id 602388913. If you pay the fees upfront with a credit card before you file you get your full refund directly from the IRS. Real experts - to help or even do your taxes for you. to receive guidance from our tax experts and community. If I had asked Turbotax to cut a check would there have been such a fee? 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. 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. I still have not received my federal refund. Or perhaps he's posting in the wrong thread. 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. You have clicked a link to a site outside of the TurboTax Community. You may have received an email from our partner Santa Barbara Tax Products Group (SBTPG) regarding a hold on your federal refund. 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. You can contact them SBTPG, toll-free, at1-877-908-7228or go to their secure websitewww.sbtpg.com, https://ttlc.intuit.com/questions/2580357-who-provides-the-refund-processing-service, https://ttlc.intuit.com/community/refunds/help/who-provides-pay-with-my-refund/00/26410. If so, it comes separately in another deposit straight from the state tax agency. 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. 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. What Online TurboTax product did you use--Free Edition with PLUS, Deluxe, Premier, Self-Employed? one eight hundred three zero four thirty one oh seven. But I know I did not read anywhere on Turbo Tax that they can take 60% of my tax return. Did the information on this page answer your question? I did check the IRS website today and my account was updated. Your email address will not be published. to receive guidance from our tax experts and community. Waiting is frustratingrefunds are taking longer in many cases. Viewing your IRS account information. 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. The TurboTax program does not get feedback from the IRS either during return processing or when a refund has been sent. The file names were concerning. SBTPG will show our money received tomorrow morning and will send it to our banks sometime that morning. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. Then SBTPGs bank sends the rest of the Federal refund to your bank account. How did you pay your TurboTax fees? But based on a fee of $125 we can take a guess at what you might have used. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. 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. SBTPG has a phone contact page at the following link. (will not allow numbers), so my bank received a deposit of$97 and some change? No telling who might try to contact you and spam/scam you. There is also a $40 service charge for the totally optional service. I wasnt supposed to be charged fees! $1600 to SBTPG? Where is the rest of my refund. This did not happen last time. what was this deposit for? If you chose to have your TurboTax fees deducted from your federal refund, that is handled by the third party bank. Apparently, this is a "known issue" and TurboTax is dealing with it, but this is super shady to me. What information is incorrect? "PE2" and nothing more? I looked on SBTPG website and it indicated that it was probably due incorrect information or unusual activity on my SSI number. I got much less than expected and will not be using you guys again if this is the case. Ok. Examples include the direct deposits for any government benefits, tax refunds or earnings you receive and for certain tax payments you might make. We'll help you get started or pick up where you left off. what was this deposit for? If it tells you we have received your return or are processing or reviewing it, we are processing your return, but it may be under review. Or if you want to phone the IRS, you may be able to inquire. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**. It said that my expected return of $1057 was adjusted down to $456. 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. I can't see what the link is. Part of the fees deducted will be the service fee for paying out of the Federal refund. where is the r; I got refund from ach credit tax products pr sbtpg llc today. 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. So if you have the tax products pe1 reflecting on your bank account, you can get in here to find out what it means. Find our contact information including our hours of operation. But it can't hurt to see what that tool is showing at SBPTG. Or does it also say "Tax Products" and/or SBTPG? 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. 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 . Was it a stimulus payment; i.e., did a stimulus payment go to Tax Products Group by mistake, and then they sent it to your 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. All about the refund | Ask the Experts Live Ev Premier investment & rental property taxes. Did you have both Federal and state refunds? How do I get ahold with TurboTax about these fees? Iwont use them again!!! I usually use a speakerphone so I can work on something else while waiting. 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. Are you getting both a Federal refund and a State refund? But we can tell you some things to check. If your sales tax in your state is 4.4% or 6% then you have your answer. SBTPG did not contact me at all. I don't think they list the Pay with Refund fee. I have life lock and I have a clean SSI according to them. That fee is $40 (or $45 for California filers.). ACH credit is not the preferred payment option for most taxpayers. We'll help you get started or pick up where you left off. what was this deposit for? Turbo Tax executives have failed in setting up this arrangement. Currently, check cashing at Walmart is not available in NJ and NY. What do TAX PRODUCTS PE4 SBTPG LLC means? It looks like the forum privacy filter redacted your email address above for your privacy/security. Once your federal return has been accepted by the IRS, only the IRS has any control. why is my refund 125.00 short from the 1973.00 I was to get? Where is MY MONEY(?) Oh my. Here's how to get to their refund lookup tool: SBTPG has a phone contact page at the following link. There must be more to your story if you think it was not your Federal refund. I got refund from ach credit tax products pr sbtpg llc today. Did the IRS WMR tool give you an expected deposit date, even if the bars at the top didn't yet say "sent?" https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information. It may show there what they received from the IRS and how much in fees they took out. Skip to content. It also shows their business hours. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. See the tips below. 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. Since you are posting in a thread titled "Tax Products PE3 SBTPG", I presume you chose to pay your product fees out of your Federal refund and have now received a Federal refund from SBTPG (Tax Products Group.) Here's something else you can check. It can take the IRS "Where's My Refund" tool a while to catch up. I added some additional information to my initial comment above. That description you posted looks like a deposit from the intermediary company (SBTPG) that first receives your funds from the IRS, then subtracts the TurboTax fees, then sends the rest to your bank account (or card.) You can check to see if the PE2 payment is a Federal refund by going to the SBTPG website and using their lookup tool. @DadMomTaxHHMAWhat "new" entity are you referring to? Just federal and state plus sales tax? You would need to explain that more, including what products you used. Get answers 24/7 at Support.sbtpg.com. That's handled by an intermediary company called SBTPG (aka Tax Products Group.) Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. Then it will get "tired", and you'll get another menu. But first check the IRS "Where's My Refund" tool at the link below. That's handled by an intermediary company called SBTPG (aka Tax Products Group.) 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. I didnt have any fees because mine were simple, Last year they had a similar issue where this exact thing was happening and those werent receiving their whole deposit. I received a deposit from tax products pe sbtpg llc but it was not the full amount i was to get. I've seen it work for some users when the WMR tool didn't. ), Look at your actual Federal return to get the Federal refund amount, i.e., your. (This line has no information on Economic Impact Payments.). You have clicked a link to a site outside of the TurboTax Community. 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. My refund amount is way off. Turbo Tax really is an excellent product and I am really surprised. You might have to look that up so you dont get it twisted. Will I still get my federal tax refund even though I got that back in my account? Taxpayers are encouraged to continue to checkWheres My Refund? I elected to have my fees paid from my Federal tax return. They just gave you an estimated date. They IRS knows they sent it to you. We understand that these are unprecedented times and were committed to helping our customers who are experiencing hardships. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. Or are you saying that the WMR tool shows no evidence at all of an expected deposit? 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. I know that money would be taken out for taxes to file. A state refund comes directly from the state tax agency. 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 is possible for SBTPG to receive and pass along a stimulus payment as a "refund" in some instances. I'm not familiar with that. 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. IRS and it matches turbo tax refund info. At the page below click on the "For Taxpayers" portal, then on the next page choose "Check with TPG.". I just received a deposit of frickin $19. You can log into the SBTPG refund lookup tool at their website, to see if you can learn anything about your Federal refund amount. There may have also been sales taxes, if applicable. At that page choose the "For Taxpayers" portal, then on the next page choose "Check with TPG.". 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). A file name of "tax return" PDF suggested that they could contain sensitive info, that you should not post in this public Internet forum. SBTPG already deposited some of the money, so why are they holding the remainder up now? How do I file a nonresident state return? I did get an email a month and a half again stating it will be deposited soon. 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. You have clicked a link to a site outside of the TurboTax Community. 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. I think Turbo Tax got the short end on this one. last time I use turbo tax. Hand off your taxes, get expert help, or do it yourself. This work does not require us to correspond with taxpayers but does require special handling by an IRS employee so, in these instances, it is taking the IRS more than 21 days to issue any related refund and in some cases this work could take 90 to 120 days. I'm not sure what you are referring to by "system said due to COVID-19, your fees are waived and will not charge any." Not a big deal or amount, but it's the principle here. When I filed my taxes I put that I didnt receive my stimulus but then the very next day it was deposited in my account so the IRS adjusted my refund to 8950, they even sent me a letter letting me know the adjusted amount. 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. When you file your return and pay for TurboTax from your refund, then the refund money is sent to the the SBTPG. Ask questions and learn more about your taxes and finances.
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tax products pe1 sbtpg llc