Must be enrolled in Standard Refund Transfer program to qualify; all discount programs offered through TPG are excluded from this program. 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. If you used the CD/download product to file your return, the only place you can find the 2018 tax return would be on your computer. Federal and state are completely separate and refunds come at different times from different places. Are you including the extra 39.99 Refund Processing Service charge (44.99 in California)? Calling the IRS at 1-800-829-1040 (Wait times to speak to a representative may be long.). The IRS has been adjusting returns for that if they already sent you the first 2 stimulus checks. A search shows this is associated with Intuit. for 33 years. Glad to see Turbo Tax website finally posted a link to SBTPG for us to continue our scavenger hunt. The IRS Get My Paymenttool is scheduled to be updated on March 15. What Is TPG Products SBTG LLC? So why is my return $500 less? Track client activity, including marketing activity, conversations, documents, and more from an easy-to-use Client Retention Management (CRM) system. To the leadership of turbo tax, you can blame it on your second party vender. 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. PO Box 508 West Chester, OH 45071 | A Green Dot Company NMLS ID 914924 | Technology Privacy Statement, IRS Economic Impact Payment Information page, IRS Economic Impact Payment Information Center. 44. Your email address will not be published. in Mand BBA- Specialization: Accounting, MBA- Specialization: Asset Management, EA. See this FAQ for what is included in California: FAQ: What is the Premium Services bundle? Santa Barbara Tax Products Group [SBTPG] - tax refund I am an Enrolled Agent. TPG offers tax filing and refund services to taxpayers directly as well. in Mand Been with Intuit for going on 6 years now. The total refund was about 1600.00 . It incurs interest costs at an APR of 35.99% currently. Required fields are marked *, How To Sign As Power Of Attorney On Tax Return? The refund only goes though the 3rd party bank when you have the fees deducted from a refund. What Is Tax Products Pr2 Sbtpg Llc? (Solution) - Law info We'll help you get started or pick up where you left off. Tax refund and e-filing are required in order to receive this product. Don't send clients to a competitor. Visit the IRS Get My Payment page for more information about the status of payments and the date a payment is scheduled to be direct deposited or mailed as a check or Economic Impact Payment Card. You should receivea letter from the IRS telling you why your refund amount was changed. SBTPG offers a comprehensive marketing plan to their professional tax partners at no additional cost. what was this deposit for? What is that for or what line item was adjusted if any. The Recovery Rebate is ONLY for those who did not get the. A state refund comes directly from the state tax agency. How long does it take to get my refund? The IRS will issue the 3rd stimulus payment to the same bank account used for a taxpayer's 2nd stimulus payment. Mmk. We'll help you get started or pick up where you left off. I'm waiting for my State tax refund of $635.00 and I see the title above for $875.01 deposit to my Bank checking account. IRS indicates payments will not be issued to TPG. If I have to pay a fee Iwill never use turbo tax again . Pre Season Funds available only to prior TPG clients. The TaxSlayer.com online support page states that it's used for processing tax refunds for people who choose to have their tax preparation fees deducted from their refund. 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. It acts as a short-term loan for taxpayers as they have to pay interest on this amount until the IRS refunds their taxes. 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. It also goes by the name of Civista Bank. Have a question for Santa Barbara Tax Products Group (TPG)? All loans have an Annual Percentage Rate (APR) of 35.99%. Scammers and identity thieves are already taking the opportunity to prey upon taxpayers with phone calls, text messages and emails. I removed your attached files. SBTPG has a phone contact page at the following link. The . Most Americans are going to spend countless hours trying to track down and correct the situation, or figure out WHY. The FAST CASH service comes at an APR of 35.99% on your advance refund. 2010new Date().getFullYear()>2010&&document.write("-"+new Date().getFullYear()); Santa Barbara Tax Products Group, all rights reserved. None of the answers regarding this helped me.whether it was on google in general or on here. If enrolled through a service bureau, please check with bureau associate for details on incentive payment. The direct deposit came from "tax products pe1 sbtpg llc." After doing a bit of looking around, I tracked it back to Santa Barbara Tax Products Group. The ACH I received was almost $200 less than the refund Turbotax described. That fee is $40 (or $45 for California filers.). The American Rescue Plan was signed into law on March 11th, and includes a third round of Economic Impact Payments (EIPs) which will be delivered directly to taxpayers. What message are you seeing? 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. SBTPG will show our money received tomorrow morning and will send it to our banks sometime that morning. Taxpayers looking for a safe and easy alternative to a paper check can receive their refund on a GO2bank Visa Debit Card. What Is Sales Tax And How To Calculate It? Tax products pr1 sbtpg llc ach. Once the IRS or State deposits a Taxpayer's refund, all associated fees are deducted from the refund amount and your tax preparation fees are direct deposited into your bank account on file with TPG. **Disclaimer: Every effort has been made to offer the most correct information possible. Partner with tax debt resolution specialists to provide above and beyond protection to your clients without investing time and resources to offer these services internally.9, Get a no cost loan and purchase your tax preparation software today. Consumer Tax/Taxpayer. it sounds like you had your Turbo Tax fees paid by your refund. Again, if you do not remember getting these payments you can go back through your bank records from July-December. The Intuit website has a question posted on March 8, 2022. webtaxpayer - Santa Barbara Tax Products Group (8 Points You Should Assess), 10 Best Business Consultancy and Advisory Services In Cambodia, 10 Best Financial Consulting Firms In Cambodia, How to Account for Uncollectible Accounts? However, this morning I see a deposit of 700 with the description I set as the title. TAX PRODUCTS PE1 SBTPG LLC credited and debited my return same day (amount was with fee deducted as expected). Starting January 2 each year, they can offer up to $ 6,000 of fast cash to their clients. This notice to the taxpayer will indicate the payment amount, whether the payment was mailed or direct deposited, and a phone number to call if the taxpayer did not receive the payment. I think Turbo Tax got the short end on this one. 3 Online payments provided by AffiniPay, LLC, which is not an affiliate of Santa Barbara Tax Products Group. That payment method also has an additional $40 service fee ($45 for California filers) and possible sales. No, please beware of phishing schemes from identity thieves claiming to be the IRS or another government agency. Menu. Clients that choose GO2bank are notified when their refund is ready, you can earn a $39.95 incentive7, and you receive additional free marketing resources for your office.8, Have balance due clients that require tax debt resolution and IRS representation services that you don't offer? It looks like the forum privacy filter redacted your email address above for your privacy/security. In the United . I called turbotax and the support gentleman fully explained to me the charges . *Available with the free Google or Facebook integration. We'll help you get started or pick up where you left off. Unbanked taxpayers may receive their 3rd stimulus payment by paper check mailed to the last known address on file with the IRS, or on anEconomic Impact Payment Cardwhich is a prepaid debit card issued by US Treasury. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. where is the r; My ipad3 isn`t allowing me to install my apps. You can find these services through TPG directly as well. Here are a few frequently asked questions (FAQs) about SBTPG. 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. Tax professionals may issue checks from their office once IRS or state funding is received. Been part of TTLive, Full Service TTL, was part of Accuracy guaran TAX PRODUCTS PE1 TYPE: SBTPG LLC DATA: BTSN CO: TAX PRODUCTS PE1. I only received 4k back from 10k. This would show on line 28 of your return. Glad to see Turbo Tax website finally posted a link to SBTPG for us to continue our scavenger hunt. If you paid your TurboTax fees, your refund will be processed by SBTPG. 1 This product provided by Santa Barbara Tax Products Group, LLC enables certain deductions from the account to be processed. Here are a few key products offered to tax professionals and online tax preparers. PDF ACH Network Rules Pandemic-Related Frequently Asked Questions I worked for the I.R.S. This is a user community forum, not a direct route to TurboTax Support. Must be enrolled in the standard Refund Transfer program to qualify for standard pricing; all discount programs offered through TPG are subject to other pricing. You did not enter that you received the stimulus payment in TurboTax, so your return said you were getting the money back, but the IRS caught it and said, no, you already received it. If you don't use any software then do you get the blank forms and do them by hand? 3. Economic Impact Payment Info - Santa Barbara Tax Products Group 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. The first stimulus payments are expected to reach taxpayers' bank accounts by March 17, and the IRS expects to deliver most stimulus payments by early April. PATH Act - Creating refund delays; Have questions about a tax filing from last tax season or earlier? I got much less than expected and will not be using you guys again if this is the case. I filed 2/17 and were accepted an hr later. I am sure you have lost a number of customers for this. Taxpayers can directly choose the services of TPG without availing of their tax filing services as well. Taxpayer pays a separate fee for this service. Shouldn't it be $237.02? I am an Enrolled Agent. However, this morning I see a deposit of 700 with the description I set as the title. Business Profile for Santa Barbara Tax Products Group tpg products sbtpg llc deposit 2022 The funds normally arrive in your bank account the next business day (weekends, Federal Holidays excluded). 59 Comments. But I know I did not read anywhere on Turbo Tax that they can take 60% of my tax return. If you r refund was reduced, the IRS will send you a letter in the mail explaining the reasoning. Tax professionals can charge their service charges separately as well. If you chose to get cash through Wells Fargo bank or Walmart, it will cost you an additional $10 and $8 per check respectively. Gov site. what does tax products pr1 sbtpg llc mean. in Mand BBA- Specialization: Accounting, MBA- Specialization: Asset Management, EA. Did you mail your return in or efile? Thank you for the response. I dont owe any child support , no judgments, dont owe the IRS back taxes. However, you only mentioned that you were waiting on your state refund. The check limit at Walmart in Connecticut is $6,000 and Florida is $1,999.99 per person per day. **, BBA- Specialization: Accounting, MBA- Specialization: Asset Management, EA. A Green Dot Company | NMLS ID# 914924 | Technology Privacy Statement, Accelerate the growth of your tax practice. https://ttlc.intuit.com/community/account-management/help/how-many-turbotax-accounts-do-i-have/00/26 How do I clear and start over in TurboTax Onli Premier investment & rental property taxes. Refund Transfers are not loans. Location of This Business. Should I be patient or go straight to defcon 5?? After going through the process of preparing your annual tax return, you naturally want to receive your full tax refund and get it promptly. I'm expecting a federal return of about 4200 minus the fees I paid for filing, it should have been 3600. Why Did I Get My Deposit Less Than What I Expected? why is my refund 125.00 short from the 1973.00 I was to get? Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement. Get a no cost loan and purchase your tax preparation software today. What is TAX PRODUCTS PR1 SBTPG LLC PPD? - Ask Me Fast Who do I contact regarding the Remainder of My Refund? In this public forum, we cannot diagnose why your refund has been reduced. https://ttlc.intuit.com/questions/new">https://ttlc.intuit.com/questions/newAbout Santa Barbara Tax Products Group (TPG) - a Green Dot company I am an Enrolled Agent. This is mainly a user community forum, so TurboTax folks will not see your posting. 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. In any case, if they reduced it, they should send you a letter in 3 or so weeks explaining why. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. Santa Barbara Tax Products Group is used to process your refund when you elect to have your tax preparation fees deducted from your refund. Victims or targets of Economic Impact Payment scams should report it immediately to the Federal Trade Commission at www.ftc.gov/complaint. Many people either didn't realize they did receive it or they forgot, but end up seeing it when they go back through their records. In California, the fee is $45 (where it is bundled as Premium Services).. I put 500 towards estimated taxes from 2020 and put 1000 for estimated taxes this yr that i put in from 2020 so it he 64 was correct. If my deposit storage is not corrected I will not be using Turbotax next year. IRS and it matches turbo tax refund info. If you pay the fees upfront with a credit card before you file you get your full refund directly from the IRS. Fees and limitations apply. what was this deposit for? Examples include the direct deposits for any government benefits, tax refunds or earnings you receive and for certain tax payments you might make. 7 Incentive paid as long as IRS tax refund is deposited to the GO2bank Visa Debit Card. Visit the IRS Get My Payment FAQs page for more details. Lindsey Meyers - TAX PRODUCTS PE1 SBTPG LLC credited and - Facebook Even when they are closed, you may be able to get automated info, or you can log in as above. Cost is $4 or less for checks up to $1,000 and $8 or less for checks up to $7,500. Years in Business: 32. I got an Direct Deposit to my account from Tax Products Pe3 in the amount of $135. What happens if my direct deposit is returned? Advances subject to approval. Once TPG receives the refund, your fees are withheld and paid by direct deposit.1. The truth is that it was a failure of leadership to choose such a poorlyvettedparty to do business with. They obviously have my routing number for my bank account and have already deposited some. 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. Solved: I received an unusual sum from "TAX PRODUCTS PE4 SBTPG LLC But you say you haven't filed a tax return? 2 AutoCollect is an optional service provided by Santa Barbara Tax Products Group, LLC. I WILL NEVER USE TURBO TAX AGAIN. if you opted to pay your Turbo Tax fees by using your refund, the refund processing service used is Santa Barbara Tax Products Group. Step by Step Guidance with Example, What is the Price Discrimination? Ask your provider about other IRS e-file options . BBB File Opened: 2/28/2011. Article continues below advertisement. 4. Do not click on a link or email if you do not recognize who it is from. Your website includes a secure client portal for exchanging documents with clients. $1600? It offers tax products to taxpayers and tax professionals, It. In-season Fast Cash Advance available first day of filing. Thus, TPG links taxpayers and tax professionals and offers both services through the same platform. Are PE1 and PE2 Different types of Tax Products? Separate fees for this service apply. Some Americans have been surprised by a deposit from the Internal Revenue Service in their bank accounts. This could include things such as missing income or inaccurately reported income (ex. I used direct deposit. 2 AutoCollect is an optional service provided by Santa Barbara Tax Products Group, LLC. I got a $500sum tax return last year(2019)this year its supposed to be almost $1000 BUT I got a deposit from that same weird name "tax products PE2etc" that was $800 something..Now I am aware it came from Santa Barbara Tax Prod or whatever which is linked to Turbo Tax for processing but WHY am I getting this money? I think Turbo Tax got the short end on this one. Unfortunately, the IRS has been delayed in processing returns, and some people wont receive the amount they expected in their tax refund. Lock in the best software renewal costs without paying out of pocket. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. Tax Product PR2 SBTPG LLC : r/tax - reddit Qualified tax professionals can get an advance up to $40,000 through an online application with TPG easily. vettedparty to do business with. The Intuit website has a question posted on March 8, 2022. The IRS sends the refund to TPG's bank which then sends the fees to Turbotax and what's left to you. 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 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.