Tax Year Prior to 2020: What do TAX PRODUCTS PE4 SBTPG LLC means?

DO NOT pay with your refund!!!! It is a RIP-OFF!!!!!  They took an extra $900 from my refund.

SBTPG is the company that processes the refund whenever you choose to have your TurboTax fees deducted from your federal.

For 2020 Tax return, I first time chose to pay fees with my tax refund. Big mistake. Just found out that the fees were so high and it took 19% from my refund. Never choose this option again.

You apparently chose the option to have your TurboTax fees paid from your federal refund. Tax Products PE4 SBTPG is the bank that processes your refund that it receives from the IRS to deduct your fees and then send it on to your bank.

View this answer in the Original Post

Here are the steps to view your fees, while in TurboTax follow these steps:

• Select My TurboTax in the top-left corner,
• Select My Tax Timeline,
• Scroll to the bottom and select Some things you can do,
• Select Add a state (you will not actually add a state, this is just a way to get you back into the return without amending it),
• Select View order summary  under We can also help you with to see a breakdown of fees.

---

@Lupito01 wrote:

Did the $700.00 ACH deposit today my federal refund for 2019 and if so, did that include any fee for you. I thought that fee was deducted when I received my state refund.  Thank you

---

If you requested to have the TurboTax account fees paid by a tax refund, it is Only paid from the Federal tax refund, not the state tax refund.

See this - https://ttlc.intuit.com/community/charges-and-fees/help/can-i-pay-the-turbotax-fee-with-my-state-refund/00/26411

---

@Walters2D123 wrote:

so you're telling me on top of that $80 I had to pay plus the 40 now I have to pay another $400 out of my refund because that's what it cost really

---

Go to this IRS website for federal tax refund FAQ's - https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions

Why is my refund different than the amount on the tax return I filed?
All or part of your refund may have been used (offset) to pay off past-due federal tax, state income tax, state unemployment compensation debts, child support, spousal support, or other federal nontax debts, such as student loans. To find out if you may have an offset or if you have questions about an offset, contact the agency to which you owe the debt.

We also may have changed your refund amount because we made changes to your tax return. You’ll get a notice explaining the changes. Where’s My Refund? will reflect the reasons for the refund offset when it relates to a change in your tax return.

Tax Topic 203 - Refund Offsets for Unpaid Child Support, Certain Federal and State Debts, and Unemployment Compensation Debts has more information about refund offsets.