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What is tax products pe5 Sbtpg LLC deposit?

What is tax products pe5 Sbtpg LLC deposit?

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. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank.

What is ACH credit tax products?

An ACH credit refers to an electronic financial deposit from one bank to another. Examples include the direct deposits for any government benefits, tax refunds or earnings you receive and for certain tax payments you might make.

Why did I get a deposit from Santa Barbara Tax Products Group?

Santa Barbara Tax Products Group is used to process your refund when you elect to have your tax preparation fees deducted from your refund. Therefore, your review page is showing a Direct Deposit to them.

Why did I get a deposit from tax products?

If you DID get a deposit with that description in your bank account, then it sounds like you had some fees you chose to pay by that method. If you got a direct deposit for a Federal refund that says “Tax products PE3 SBTPG” or similar wording, you can log in at SBTPG’s website, for info about your Federal refund.

Why did I receive a deposit from SBTPG?

What does SBTPG stand for?

SBTPG Santa Barbara Tax Products Group Business » Companies & Firms — and more… Rate it:
SBTPG Santa Barbara Tax Product Group Business » Tax Rate it:

Is TPG products my tax refund?

TPG (or SBTPG) is Santa Barbara Tax Products Group, which is an intermediary company that initially receives one’s Federal refund if one chose to pay any TurboTax fees out of a Federal refund.

What does TPG products SBTPG?

TPG Product SBTG LLC is a company that was founded in 1991. It stands for Santa Barbara Tax Products Group or formally known as TPG. They have been serving the consumers with tax-related financial products and services.

Why did I get a small deposit from TPG?

Why did I get a deposit from TPG Products for less than half of my return? A refund may be smaller than expected for one of two reasons: Customers who opt to pay their TurboTax fees by deducting them from their federal tax refund may notice a small service charge.

Why is SBTPG holding my refund?

SBTPG does hold refunds if they find ‘suspicious activities’ per their live person that I talked after waiting freaking 4.5 hrs. My refund was funded to SBTPG on 2/23 and IRS confirmed sending my refund of 10K to SBTPG on 2/24.

Why is TPG holding my money?

TPG does not hold your money. When a deposit is received from the IRS, your money is processed as soon as it received and typically issued within 24 hours of receipt. If you selected direct deposit, it may take 1-2 business days to reach your bank account.

Why is SBTPG holding my funds?