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Level 2
March 3, 2022
Question

Refund is less and comes from "TPG PRODUCTS SBTPG LLC"

  • March 3, 2022
  • 297 replies
  • 1499 views

My Fed. Refund  is over $2,500 short. TurboTax CRS doesn't what's going on and you can get SBTPG LLC on the phone. I don't have a mix up between State and federal tax refund.  TurboTax need to need to fix the situation ASAP. These corporation are quick to take your money than provide **bleep**ty service and don't  even set a way for you to talk to a live person. TurboTax & SBTPG LLC you all have a lawsuit coming.  

    297 replies

    Level 2
    May 26, 2022

    Refund was $56 a should have been $500

    Level 2
    June 7, 2022

    Y'all took my money 

    Alumni - Champ
    June 7, 2022

    TT cannot take your money, since it never receives it in the first place.

    Level 2
    September 27, 2022

    Please tell me who is TPG. I did not authorize them to take out any money out of my bank especially when IRS held back my taxes for over (5) months.

    Level 15
    September 27, 2022

    @Sjefflo

    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

     

     

     

    https://ttlc.intuit.com/community/refunds/help/who-provides-pay-with-my-refund/00/26410

     

     

    **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.**
    Level 2
    October 27, 2022

    Any update on this? I just got my return 10/26/22 deposited by TPG and it was over $1,500 less than what the IRS told me it would be. Where and when am I gonna get the rest of my refund? 

    Level 15
    October 27, 2022

    @Ramirezb806 No one at TurboTax knows when the IRS reduces your refund; TurboTax does not get any information from the IRS after you file your return.   There have been lots of people whose refunds were reduced because of mistakes made with the recovery rebate credit and/or the child tax credit.  If the IRS reduced your refund you will receive a letter from the IRS in several weeks.

     

     

    Sometimes we can make an educated guess as to the reason for your reduced refund if you mention specific amounts--for example if your refund was short by $1400 per person---it is likely to be a mix up regarding the 3rd EIP payment.    If you received the 3rd stimulus check of $1400 per person in 2021 then you got letter 6475 from the IRS about it.   You needed to enter the amount you received.   If you already received that money then line 30 on your Form 1040 should have been blank.

     

     

     

     

      If it is short by $1800 or  $1500 or  a multiple of that amount  ---   maybe a mixup regarding the advance child tax credit payments. If you received monthly child tax credit payments of $250 or $300 per month between July and December of 2021, then you got letter 6419 from the IRS, and you were required to enter the amount of the advance payments.   Only the remaining amount of the CTC should have been on line 28 of your Form 1040.

     

    The IRS knows how much they sent to you for the 3rd stimulus check and they know how much they sent for advance child tax credit payments.   If you answered something incorrectly on your tax return then the IRS made a correction that resulted in a reduced refund for you. 

    The IRS will send you a letter that explains why your refund was reduced or why you owe more.   Meanwhile it might help you to check your online IRS account.

     

     

    https://www.irs.gov/payments/your-online-account

     

     

    https://blog.turbotax.intuit.com/tax-refunds/why-is-my-tax-refund-not-what-i-expected-49240/

     

    https://www.irs.gov/newsroom/questions-and-answers-about-the-third-round-economic-impact-payment-topic-j-payment-issued-but-lost-stolen-destroyed-or-not-received

     

    If you need to trace a payment that the IRS says has been issued to you, mail or fax a completed IRS Form 3911, Taxpayer Statement Regarding Refund.

     

     

    **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.**
    Level 4
    October 27, 2022

    I spoke with an Intuit person who told me how to send in a form that shows I did not receive the Third Stimulus Check - the IRS assumed that everyone did - and even though we were told it was not taxable, the Government saw to it that they got their money back.  I have not heard yet about my circumstances.  It's been about a month.  This is the address where I started...https://www.taxpayeradvocate.irs.gov/contact-us/submit-a-request-for-assistance/

    Level 2
    February 8, 2023

    I just got my state returns back. It is $7.00 less than it should be. I've read numerous complaints about the same issue. I have never had a issue filing with Turbo Tax except for this year. When I filed, I tried paying with my credit card, which didn't take, it also didn't tell me why my card wasnt accepted. I reluctantly chose to get my refund from my Federal returns..Don't tell me there was some sort of error, because I know I didn't make any, since I claim the same every year.

    Id like an explanation or I will contact the BBB and find another site to do my taxes for this year.

    Lisa 

    SForrestLO
    Level 11
    February 8, 2023

    Sometimes refunds are lower than expected if you elect to have Turbo Tax fees deducted from your refund, or if you have an offset. The IRS can also adjust your return if they see errors on it as they are reviewing it.

     

    You can see what you are being charged for. Click on Tax Tools from the Menu on the left side of your return. Click Tools then My Fees. This will show you what you are being charged for.

    This article will provide information as to why your refund is less. 

     

    If you choose to have your Turbo Tax Fees deducted from your refund, there is a fee. 
    What is Refund Processing Service?

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    Level 2
    February 19, 2023

    I also checked on the  IRS  website. They said my foredune was $158 for federal. I checked to see when I would get it. The irs website said February 8. And I only received $25.17. I feel robbed and ripped off. I don’t trust the government. I needed that money. I have bills to pay. 

    Level 2
    February 23, 2023

    What happened to the rest of my money?

    Level 10
    February 23, 2023

    Please see this Help Article for possible reasons as to why your refund was less than expected.  

     

    You will need to contact TPG for information regarding your refund. They are one who handles your refund if you elect to pay your fees with your refund. You can also check out this TPG Refund Tracker to check on your refund.

    @EBURT2 

    @RjandEvansMom 
     

    Level 2
    February 23, 2023

    Same for me. I'm missing almost $250 from my return. Very disappointed Turbo Tax. I've used you because you've been reliable over the last 10 years that I've used your services. I hope to see the refund from them that you claim we should be receiving in the next 24 to 48 hours otherwise my business will be elsewhere and a BBB and AG complaint will be filed.

    Level 2
    March 1, 2023

    Same..I'm missing about 9k ...what the hell is happening?

    Level 4
    March 16, 2023

    DO NOT USE TT any longer!!!

    Level 10
    March 1, 2023

    Please see this Help Article for possible reasons as to why your refund was less than expected.  

     

    You will need to contact TPG for information regarding your refund. They are one who handles your refund if you elect to pay your fees with your refund. You can also check out this TPG Refund Tracker to check on your refund.

    @mrocco