Did you choose to pay any TurboTax product fees out of your Federal refund? That payment method also has an additional $40 service fee ($45 for California filers) and possible sales tax.
That description you posted looks like a deposit from the intermediary company (SBTPG) that first receives your funds from the IRS, then subtracts the TurboTax fees, then sends the rest to your bank account (or card.) You said "bank checking account" above.
However, you only mentioned that you were waiting on your state refund. You didn't say anything about your Federal refund.
The third-party company in the description suggests that is a Federal refund if you indeed chose to pay product fees out of your Federal refund. Or had you already received your Federal refund?
