There’s no question that the person who said there is no distinction from Turbo Tax changing their payment status from processing to complete is just flat out wrong.
When my refund transfer changed to COMPLETE, I also received an email from TT saying thank you and they will still be available for help should I need it, even after the reception of my refund.
Bottom line, TT and the SBTPG get a notice before actually receiving any funds that this is the amount we’re sending and it’s being sent the next business day(educational guess)...which is why your refund transfer doesn’t cost you any extra time as far as when the money hits your account. Their website claims they receive the info ahead of the currency in order to keep your money on schedule to your pocket!
...once TT has that information they consider that payment compete.
but the SBTPG hasn’t received anything just yet so they cannot say they have.
As for the IRS, in my research..certain accounts are considered daily and some weekly. Not sure about why that is the case but apparently they each have there own predetermined day of the week in which the system undergoes mass updates. So although your refund is approved as of today and being sent on this particular day, the IRSs system won’t actually reflect that until your ‘Mass Update’ day comes to pass.
but IN FACT, it’s the first step in the process of our refunds being on the way!!
hope I helped, i might have confused myself actually but it sounded good in my head before I started
bottom line, people count on these funds and certain people need to do a little more research before claiming falsehoods. It’s stressful enough...without disinformation
