After doing a bit of looking around, I tracked it back to Santa Barbara Tax Products Group. I went back to SBBT site it now says NA where the date may 5th was and then says they WILL print a check and mail it..WHY>? (800) 779-7228 I'm an independent tax professional that offers 3Fund (855) 888-3863 Business Hours All times are Pacific Standard Time. The total refund you were entitled to be adjusted to cover any debts you owe to other federal agencies. Such software provides services like refund transfer to their clients(tax service providers), auto collects to collect payments from past due to clients, etc. The bank didnt charge you extra, the feds sent less. What was this deposit for. Call IRS customer service toll-free at 1-800-829-1040 M - F 7am - 7pm local time and speak with a representative. The cookie is used to store the user consent for the cookies in the category "Analytics". Any suggestions on a course of action if the IRS says that my refund should've been for the original amount? I want in on this. Do not use santa barbara tax products or turbo tax. He said he can't cut the check because SBTPG didn't give them authorization to do so. so I asked her about this and she stated the software.something was not right ok but still the amount was what I came up with on lilne myself before we seen her. It is spam / self promotion. I received an ACH deposit into my checking account from Tax. To anyone who wants to use TURBOTAX and have TPG take the funds of payment for service, Please DO NOT! Unsatisfied with SBTBG of Lake Elsinore, US. The tax software provides simplified and quick tax return filing without needing to understand all the complicated terms of IRS, Federal, and State taxes. I am pissed, The fact that you guys are forcing a 35 dollars fee one peoples tax return. Step by Step Guidance with Example, What is the Price Discrimination? Ok so Monday - Friday, should be there the next tuesday (10th) at the latest. This cookie is set by GDPR Cookie Consent plugin. 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. I asked when I should expect to see it in my checking account .. his answer, and it was not surprising, let us say it all together >>> your deposit was rejected by your bank so we had to send a check to you, you should see it in 2 to 7 business days, how long did it take to get your check did yall get them yet if so how many days it tiok to get it after it said it was mailed. It stands for Santa Barbara Tax Products Group or formally known as TPG. I used turbotax this year because I thought it would be more convenient. I havent received my 2022 tax refund which was filed more than 10 months ago. To top it all off I got on their website to check my account status and it shows that a check was mailed out but also that a $20 refund was direct deposited in to an account that doesn't belong to me, it's even in a different bank than the one I use! That's handled by an intermediary company called SBTPG (aka Tax Products Group.) We also use third-party cookies that help us analyze and understand how you use this website. SBTPG is the company that processes the refund whenever you choose to have your TurboTax fees deducted from your federal. Wednesday - no check - ok call spend my lunch hour on hold, no human. You can contact SBTPG (also known as Civista Bank) by calling 877-908-7228. These cookies will be stored in your browser only with your consent. Analytical cookies are used to understand how visitors interact with the website. That intermediary company receives the refund from the IRS, subtracts the fees, then sends the rest to your bank account (or card.). How much is Turbo Tax? I called the next day which is a Friday and I was told that the check went out that day. Then SBTPG's bank sends the rest of the Federal refund to your bank account. Whereas Green Dot Bank is headquartered in Prov, Utah. TurboTax uses their services whenever customers opt to deduct their fees from their refund (RPS). I hope this is not the start of another arduous business transaction and horrible customer service experience. I think the state should investigate this group! Deferred Tax Liability: Definition, Example, And Calculation, Deferred Tax Assets Definition, Example, and Why the Deferred Tax Asset Arises, What is Deferred Tax? Pay by refund option provides the taxpayers with an option that they can easily pay for tax preparation fees when the IRS issues a refund of their tax. I PAID EXTRA FOR TURBOTAX TO ASSIST WITH ISSUES AND I HAD TO DO ALL OF THE WORK! Tax products pr1 sbtpg llc. Reddit's home for tax geeks and taxpayers! They have been serving the consumers with tax-related financial products and services. 2010-2023 Santa Barbara Tax Products Group, all rights reserved. The IRS has submitted the case to BFS for an investigation. My refund was meant to be $1343. I've been into my irs.gov account and see that I don't owe anything to them. Did u ever receive your check a was it TurboTax who assist you with that ? If you continue to use this site we will assume that you are happy with it. 29, 2021 8:42 am Third Economic Impact Payment 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. IRS indicates payments will not be issued to TPG. This shouldn't be legal. 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. Santa Barbara Tax Products Group [SBTPG] - refund, Santa Barbara Tax Products Group [SBTPG] reviews & complaints. Friday - No check - 3rd call - third lunch hour spent on hold. As the pandemic hit the world, millions of Americans also ended up being dependent on the government for enhanced unemployment benefits. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank. Did some one claim a dependent you did? Nor about my now 15 individual attempts to get information via online form and 15 series of replies which pretty much asked me for redundant information followed with "you need to call our 877 number" 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. Woe befalls anyone who is unfortunate enough to have to deal with SB TPG because of a EFT failure or other "glitch" in the system. What to Look For When Choosing an Auditing Firm? Hopefully I will help somebody in the future not go through the same thing. Then SBTPGs bank sends the rest of the Federal refund to your bank account. The company identifies itself as a consumer-friendly service provider with fair pricing. Source: taxirin.blogspot.com. 'Santa Barbara Tax Products Group' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. Now I need to wait two or three weeks for a new card before I can re-apply for MY REFUND while they hold it. You bunch of greedy bas***d. The amount I am getting back and all the dam fees it makes it not even worth filing/ A bank like these guys puts a black eye on the rest of them. TPG took 6 months to return the funds to the IRS and gave me a Green DOT yet the IRS still hasnt received any funds from them what so ever. In an ideal case, IRS should send you a letter explaining why the refund amount was lower or higher(in some cases). Hi there boys and girls ME again. This cookie is set by GDPR Cookie Consent plugin. SBTPG is hurting Turbo Tax business. So the total amount deducted from the tax refund would be the tax fee for TurboTax + the refund processing fee. 4 How will my tax refund appear on my bank statement? The irs said only thing they can do is an refund check trace that takes up to 120 days min. Why? Let me know what you find out. They have been serving the consumers with tax-related financial products and services. Here's the fun part, the amount deposited into my account was $409. That's handled by an intermediary company called SBTPG (aka Tax Products Group.) Its clear that the feds sent you less back than you expected. My E-mail is hess72384@gmail.com. Apply today 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. We and our partners share information on your use of this website to help improve your experience. They payment was not a fourth stimulus check, but rather a refund for taxpayers who overpaid taxes on unemployment compensation in 2020. SBTPG will show our money received tomorrow morning and will send it to our banks sometime that morning. Pay for tax preparation with your refund. 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. Did You Get a Deposit From TPG Products? But obviously your fees are not 7500. Even many clients have concerns that the refund is less even after deduction of the tax fees. The most common causes can be multiple jobs, too few withholdings, or making more money than last year. Santa Barbara Tax Products Group. 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 quickly emailed Santa Barbara Tax Products Group, LLC (the give no address or phone number on their website). Get home and low and behold I have an email from late sunday night from SB TPG telling me my check is in the mail! Call IRS customer service toll-free at 1-800-829-1040 M - F 7am - 7pm local time and speak with a representative. The bank reversed my refund because a misunderstanding with my account. Ask for FREE. IRS process refunds and it is received by TPG. Where can i buy apple products in bulk? If the IRS sent you less they will mail you a letter explaining it. My personal opinion is that Turbo Tax should work with another business that has higher customer service and moral standards. According to the IRS refund link my refund was deposited on April 4th, so I call Santa Barbara Tax products Group, LLC April 6th and all they can say is that they haven't received it. The headquarters of the company is in Austin, Texas. How long did it take you to get your check? But wait, there's more! Many users and taxpayers get confused about how this option work and how everything goes. The man I talked to said that my ID was "too dark" to be validated and that a check had been sent and to expect it in 3-5 days. The offset program is implemented against the non-IRS Debt Offset that can be checked in tax topic code 898. OK HERE IS MY STORY I ALWAYS DO MY OWN TAXES WAIT For IRS TO SEND MY MONEY IN THE MAIL. Sigma Tax Pro is dedicated to providing professional tax preparers with high grade, comprehensive solutions at the lowest prices available. The TaxSlayer.com online support Aug 21, 2022 A TPG Products deposit is an ACH credit transaction from an intermediary firm SBTPG LLC. Ask for an explanation of the difference between $1343 and $569. Here's . Identity theft yet SBTPG wants me to go and file and do all the work when they should check into it . I need to know the cost of herballife products?
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