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New Member
posted Feb 22, 2024 10:35:05 AM

Just got my refund...$125 less than it should be. What the heck?

This is about my federal tax refund, not stimulus. Why?

0 2 570
2 Replies
Level 15
Feb 22, 2024 10:37:44 AM

Did you choose to pay TurboTax from your federal refund?

 

How can I see my TurboTax  fees?   

https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online

 

 

What is Refund Processing Service?

 

 

 

 

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

 

 

Expert Alumni
Feb 22, 2024 10:55:27 AM

TurboTax doesn't have any information regarding your refund once it's filed, but if you chose to have your TurboTax fees deducted from your refund, the fees are deducted from your refund. Some other reasons why your refund is lower than the amount on your tax return:

 

  • The IRS may have applied part of your refund to other debts you may have, such as child support, student loans, spousal support, or other state debt.
  • The IRS found a mistake in your tax return.

For more information, review the TurboTax Help article Why is my refund direct-deposit or check lower than the amount in TurboTax?