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If you choose to pay your TurboTax fees by having them deducted from your federal refund instead of paying upfront before you e-file, you may experience a delay of an extra day or two while the third party bank receives your refund from the IRS, takes out your TT fees and sends the rest of the refund to your bank account.
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
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