what was this deposit for? Tax products pe1 sbtpg llc 190220 ppd. Im not sure if it is legal globally. what is this? TAX PRODUCTS PE1 SBTPG LLC credited and debited my return same day (amount was with fee deducted as expected). An offset shouldn't delay it,unless your entire refund was applied to your debt. TAX PRODUCTS PE3 SBTPG LLC 200414 JA2HUOQ1U. I'm not familiar with that. Direct deposit tax products pe1 ach sbtpg llc company id 3722260102 sec ppd. Further, these same batches will show up on the corporate bank detail, making bank reconciliations far easier. Then click onPrint, save or preview this year's return. You must file an amended return and reduce any IRA deduction and any retirement savings contributions credit you claimed. By "this code" I assume you mean you had a direct deposit from SBTPG Tax Products like the title of this thread. All rights reserved. External Hard, Read More 10 Best Gadgets for College StudentsContinue, Finding out where someone works is really common in the United States and in the United Kingdom. So I received a deposit in my bank that says External Deposit TPG PRODUCTS ORIG GREEN DOT BANK - SBTPG LLC. This is a user community forum. This is ridiculous and needs to be fixed.NOW. Click on a column heading to sort the list by the contents of that column. Why did I get a deposit from tax products PE3 SBTPG LLC? Thank you in advance. Similarly, your Fast cash loan will incur interest costs as well. Sometimes we can make an educated guess as to the reason for your reduced refund if you mention specific amounts--for example if your refund was short by $1400---it is likely to be a mix up regarding the 3rd EIP payment. If so did you enter the correct routing & account number for an ACH transfer ? I will not be using your services in the future as this is completely unacceptable to take peoples money and treat us this way. Contact number? If you got a direct deposit from TAX PRODUCTS PE3 SBTPG LLC but have not received your tax return yet, you might probably ask What was this deposit for?. Meanwhile it might help you to check your online IRS account. Tax Pro Support (Existing client) 800.779.7228. Routing #:274972605 Phone #: 765.644.3623, IRS warning on new tax refund scam with direct deposit refunds, Frequently Asked Questions about Splitting Federal Income Tax Refunds. Do you think I was given the right amount? 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. I live in maryland and have received my federal tax refund but still have not received my state refund. I does not make sense and your cookie cutter generic explanations does not help. That deposit descriptor from "PE2" you provided would most commonly be for a Federal refund. The status in TurboTax will remain as "accepted.". What is tax products pe1 sbtpg LLC????? 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. Please return to the forum to see the full comment. Only the IRS can tell you whether they are sending your refund in installments or not. It looks like you used Turbo Tax. It also goes by the name of Civista Bank. those should not add up to thousands of dollars being taken from my return. The IRS may have adjusted your refund for some reason. At this point all you can do is wait for the letter of explanation from the IRS not sure how you could have possibly used a 1095-B to populate an 8962. This convenience allows tax managers to enter the bank information once for multiple tax transactions to save time and reduce the risk of error, and in a uniform format. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. If still in doubt, do not hesitate to leave a comment. The fourth and subsequent refunds automatically will convert to a paper refund check and be mailed to the taxpayer. Green Dot Industry The company views itself as a customer-friendly service supplier with reasonable pricing. Solved: What do TAX PRODUCTS PE4 SBTPG LLC means? Enclosed Car Shipping: Which Is Better? I've checked with the IRS "Where's my Refund" site and show no adjustments. Do you know if they would be able to mess this up on their end? . So you are not sent to the automated phone line, do not choose the first choice Refund when calling the IRS contact center. Tax Products Group Contact Information . Im sorry asking so much. TurboTax does not receive feedback from the IRS regarding money that was offset from your refund. This process can take up to 3 business days or more. That fee is $40 (or $45 for California filers.) ACH debit payments can cause issues with the reconciliation process. This piece will help you to bring out the differences for easy understanding. How to check my refund status with IRS; See all 9 articles Checks. When will I get it? December 28, 2020. 59 Comments. They can receive a refund through a check, direct deposit, or ACH transfer. 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. in Mand Been with Intuit for going on 6 years now. The remittance information (the '7' record - also called the addenda record or TXP record). Will I get the rest in installments? Ion even know what pe3 stands for, just hoping that's not my tax return. But it seems as tho the additional fee for having turbo tax fees abducted from my federal tax return isnt includdd with that total amount. The system said due to COVID-19 , your fees are waived and will not charge any. Unless otherwise noted, contributors are members of or associated with Crowe Horwath LLP. https://www.irs.gov/uac/tax-refund-offsets-pay-unpaid-debts, IRS Treasury OffsetProgram Call Center at 1-800-304-3107. I got a direct deposit from "TAX PRODUCTS PE3 SBTPG LLC", but according to turbo tax, I haven't received my tax return yet. So the big question now is, Does Costco accept EBT? After reading through this page, you will get to find, Read More Does Costco Take EBT? So if you have the tax products pe1 reflecting on your bank account, you can get in here to find out what it means. I worked for the I.R.S. The IRS forwarded your federal refund to Santa Barbara Tax Products Group, a third-party processor, so they could deduct the TurboTax account fees and service charge. There is sometimes confusion about the amount of refund to expect when users misinterpret the summary they saw in TurboTax. If your sales tax in your state is 4.4% or 6% then you have your answer. For more information on creating a ACH-TXP Tax Payment with addenda record. Rapid enterprises inc/ stamps Here is what it means, Capital one credit card login How to login & Features, FM deposit hold-see SM Here is what it means. ACH Universal creates both the payment ('6') and addenda ('7') records. Since an error on your return or an offset to your refund could change the amount of refund available for deposit you must verify the deposit was actually made to the account by the due date of the return (without regard to extensions). Tax products pr1 sbtpg llc ach. Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement. Second, remember your Turbotax fees were deducted from your refund along with a service charge (if you selected that option. (Remember that if you did that, you also agreed to an extra refund processing fee of $40), https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online. I requested a direct deposit refund. If it asks for your SSN a second time, dont give it to them, still. You should receive a notice within a couple of weeks with an explanation and steps you can take. This process can take up to 3 business days or more. If you need to contact the IRS to confirm the figure, follow these steps: It takes a certain amount of luck to make it through. ACH Universal can help you prepare Tax Payments, Child Support payments and any other payment that requires an addenda record. There is no guarantee that the amounts paid match to the general ledger or payment summary. TPG offers bank products including the pay-by-refund Refund Transfer & advance loans for taxpayers & tax pros. Print, save or preview this year's return. Then click onPrint Center. Been part of TTLive, Full Service TTL, was part of Accuracy guaran BBA- Specialization: Accounting, MBA- Specialization: Asset Management, EA. However, some financial institutions will accept direct deposits for some types of accounts, but not others. Apr 13, 2022 Get Rid Of The Guesswork And Have Confidence Filing With Americas Leader In Taxes. In the case of electronic sales tax payments, there are two options that have both a time and a monetary impact: an Automated Clearing House (ACH) credit electronic payment or an ACH debit electronic payment. Ask your provider about other IRS e-file options . you will receive a letter of explanation from the IRS in several weeks. If you're always looking for ways to increase your tax refund: 1) S. ame. Jump to. ANSWERSFUN, Verizon Visa Credit Card Customer Service Number, Axis Bank Credit Card Customer Care Email Id. On weekdays, you may talk with SBTPG, or their automated 24-hour phone can provide you with some more details. How many EIP2s will be made by ACH? Taxpayer Support. To view your 1040 after filing, Sign intoTurboTax>Taxes>Tax Timeline>Some other things you can do>Download/print (.pdf). What does what mean? My refund from federal was due to come today and 1000's short of what federal refund site says it is. My federal refund was almost $1600 I got $79 of that deposited in my account. It is also possible that your state reduced your refund for debts owed in your stateif the state reduced your state refund you will receive a letter from the state. You have been paid for your services, so where is my money! Tax refund and e-filing are required in order to receive this product. "PE2" and nothing more? I used Turbo Tax. If so, a deposit with that descriptor would be the Federal refund deposit that comes from the intermediary bank that received it from the IRS initially then subtracted the TurboTax fees. Would they mess up my refund? The IRS and State Governments have the ability to offset a refund to pay for certain past due debts. View more information about Using IRS Forms, Instructions, Publications and Other Item Files. See this FAQ for some reasons a refund is less than expected:https://ttlc.intuit.com/questions/1894477-why-is-my-federal-refund-less-than-i-expected, I too have this problem IRS says my refund amount so does Intuit but I missing alot of money too, I'm going through the same problem to I'm trying to find out why I don't have all the money owed to me I been waiting 4 weeks now I gotta wait a couple more weeks to get a letter about the issue it just doesn't make sense. **Say "Thanks" by clicking the thumb icon in a post. Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement. 1 This product provided by Santa Barbara Tax Products Group, LLC enables certain deductions from the account to be processed. It might provide some information that will help sort out what the $3900 is. Gold Reef City entrance fee for adult and children, How I found these 24 hour Walgreens near me. If you have a fee issue, here's how to reach TurboTax Customer Support by phone. Requirements for addenda records vary by state and may not be easy to produce manually, so consider an automated approach such as: When mapping out the functionality of the two transaction options, the pros of ACH credits outweigh the ease-of-use advantage of ACH debits. By comparing these batches to the expected payment amounts prior to submitting payment, the tax manager can guarantee that the money the jurisdiction received is correct. Im so confused!? If that's the Federal refund after fee subtraction, the figures you provided imply your TurboTax fees and associated charges are 4124 - 3900 = 224. Have you been able to get an answer or response?

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