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How long does turbo tax hold your refund before they deduct their fees and send the rest to your bank

Why is turbo tax holding my refund? When do they deposit it to our bank account?
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2 Replies

How long does turbo tax hold your refund before they deduct their fees and send the rest to your bank

Your tax refund was not sent to TurboTax.   TurboTax does not handle your refund at all.

 

Santa Barbara Tax Products Group, LLC  (SBTPG) is the bank that handles the Refund Processing Service when you choose to have your TurboTax fees deducted from your refund. This option also has an additional charge from the bank that processes the transaction. 

You can contact them SBTPG, toll-free, at 1-877-908-7228 or go to their secure website www.sbtpg.com 

https://ttlc.intuit.com/questions/2580357-who-provides-the-refund-processing-service

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

How long does turbo tax hold your refund before they deduct their fees and send the rest to your bank

Thank you so much. And yes I've been checking my refund there as well. That website is saying they've received my refund and to the turbo tax fees. So I guess now I'm waiting on them.

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