Santa Barbara Tax Products Group is used to process your refund when you elect to have your tax preparation fees deducted from your refund. Then SBTPG's bank sends the rest of the Federal refund to your bank . Taxpayers can file taxes online through tax software like TurboTax. 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. North Chelmsford Map. Tax Pro Support (Existing client) 800.779.7228. Nacha estimates that 113 million EIP2s will be made by ACH Direct Deposit. However, TurboTax hasn't posted an official response. It was shown on several screens and you had to agree to it. 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. 2010-2023 Santa Barbara Tax Products Group, all rights reserved. You should call the SBTPG and see if they sent you someone else's refund. https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information. If you r refund was reduced, the IRS will send you a letter in the mail explaining the reasoning. Location of This Business. Yes. It has been over 2 months. Glad to see Turbo Tax website finally posted a link to SBTPG for us to continue our scavenger hunt. 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. That payment method also has an additional $40 service fee ($45 for California filers) and possible sales tax. Taxpayers can choose to file and receive their tax refunds through TPG in different ways. If you are in California, then you also get additional benefits with the "pay out of the refund" option. This service allows tax professionals to collect their client fees from tax refunds. If you chose to get cash through Wells Fargo bank or Walmart, it will cost you an additional $10 and $8 per check respectively. It also shows their business hours. @martinholden410. My refund amount is way off. if you opted to pay your Turbo Tax fees by using your refund, the refund processing service used is Santa Barbara Tax Products Group. I suspect you used Online Deluxe. I think Turbo Tax got the short end on this one. It is more commonly known as TPG. If you were short, ask yourself if you got your stimulus (1400-4200), advanced child care credits ($250/mos), or if you did an estimated tax payments. 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. Turbo Tax executives have failed in setting up this arrangement. About Santa Barbara TPG. An IRS letter is coming so maybe that will give me some answers. 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. 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. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage up to the allowable limits. The extra fee is for that optional "pay out of refund" option. Taxpayers are advised to visit the IRS Economic Impact Payments page or IRS Fact Sheet for more information. That is your federal refund minus the fees. Don't go by the total of your Federal and state refunds, if applicable. Available while supplies last. If this happened, Turbo Tax uses a third party processing service to process your refund. Offers may be subject to change without notice. Thanks. Every year it would show as IRS REFUND. I know most do but its because they dont know how to file for free. Many refunds are taking longer during the pandemic. This service from TPG offers pre-season funding. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. I spent my last 11 years at the I.R.S. But people who did not receive the maximum amount of the Economic Stimulus Payment, and whose circumstances have changed, may be eligible now. It says directly that the total price (taxes included) is $173.98. However, given the number of frustrated comments online with tax preparation companies, it seems that the fees werent adequately communicated to people before they filed their taxes. Source: Unsplash, Santa Barbara TPG LinkedIn. It's always the exact amount on my return. In the United . 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. why is my refund 125.00 short from the 1973.00 I was to get? Do not provide your SSN or bank account information to anyone calling you and claiming to be from the IRS or another government agency. If not, I've provided a link below. Don't send clients to a competitor. You mentioned the IRS. If I had asked Turbotax to cut a check would there have been such a fee? where did the other 45.00 go? Tax professionals can offer a refund service to their clients using TPG products. The fee for me is $305 Im missing thousands back. No one here can see your fees or the amount of your refund. My refund amount is off by THOUSANDS of dollars at that and I still havent received my stimulus! Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement. To check on regular tax refund status via automated phone, call800-829-1954. And now turbo tax is saying i didnt file my 2018 return with them, taking me thru hell to get my Aig from the irs. I received an unusual sum from "TAX PRODUCTS PE4 SBTPG LLC 20190220" I've never had this happen before. No, please beware of phishing schemes from identity thieves claiming to be the IRS or another government agency. 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. Here's the fun part, the amount deposited into my account was $409. People may receive compensation for some links to products and services on this website. For the handful of clients that pay-by-refund and don't receive funding, use Auto Collect and collect from past due clients.2 You only pay for fees that are successfully collected. I know that money would be taken out for taxes to file. How much does it cost to pay taxes with sbtpg? I don't know if it's a State or a Federal tax issue. 2022 Guide to Get Form W2 from Kohls (Current and Former Employees), Refund Transfer Santa Barbara Tax Products Group (sbtpg.com), Deferred Tax Liability: Definition, Example, And Calculation, Deferred Tax Assets Definition, Example, and Why the Deferred Tax Asset Arises, What is Deferred Tax? Fees apply. However, you only mentioned that you were waiting on your state refund. Offer cash before they can access their refund.4,5 There's no ERO fee* when clients receive their refund and post-ACK advance loan on a GO2bank Visa Debit Card.6, Clients that select the Refund Transfer can now open a GO2bank account and access their refund using a GO2bank Visa Debit Card. I am sure you have lost a number of customers for this. Neither has the IRS. 5 Fast Cash Advance is an optional tax-refund related loan provided by First Century Bank, N.A., member FDIC (it is not the actual tax refund) and is available at participating locations. Step by Step Guidance with Example, What is the Price Discrimination? the tax preparer stated that i would get my refund within 7-10 days. Did you use Turbo Tax online? Calling the IRS at 1-800-829-1040 (Wait times to speak to a representative may be long.). An ACH credit refers to an electronic financial deposit from one bank to another. That fee is $40 (or $45 for California filers.). The check limit at Walmart in Connecticut is $6,000 and Florida is $1,999.99 per person per day. This is a user community forum. Get a no cost loan and purchase your tax preparation software today. Please visit the IRS website for more details. LOL. I am having this same problem. For your privacy and security, please do not post personal info in this public forum. for 33 years. According to Santa Barbara Tax Products Group, it takes all associated fees out of your tax refund, making it easy to pay for tax preparation. The company also says that your tax refund is available the same day it's issued by the IRS, so there shouldnt be any delays. No telling who might try to contact you and spam/scam you. the same happens to me they were short $1500 on my return. Where to cash a TPG-issued check; Account In this public forum, we cannot diagnose why your refund has been reduced. Separate fees for this service apply. I called turbotax and the support gentleman fully explained to me the charges . I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. Give your client the option to pay for tax prep with their refund, and there's nothing to pay up front. what was this deposit for? I HAVE found a lot of complaints about TAX PRODUCTS PE1 SBTPG LLC who you do business with . I think Turbo Tax got the short end on this one. I got an Direct Deposit to my account from Tax Products Pe3 in the amount of $135. You can contact SBTPG (also known as Civista Bank) by calling 877-908-7228. Who is Santa Barbara Tax Products Group? They have been serving the consumers with tax-related financial products and services. The Intuit website has a question posted on March 8, 2022. SBTPG charges are $39.99 for a tax refund. Loans are offered in amounts from $500-$7,000 and are offered both pre-IRS acknowledgment of the tax return and post-IRS acknowledgment of the tax return. For additional information, please see this Help Articleor this TurboTax blog post. https://ttlc.intuit.com/questions/new">https://ttlc.intuit.com/questions/new Is Viola Davis Parents Still Alive, Nfl Qb Ages Oldest To Youngest 2021, St John Virgin Islands Real Estate, Articles T