State tax filing


@ meganmurphy1031 wrote:

I am dealing with the same thing I just got my state refund but I haven’t gotten my federal refund yet but I did get a tax products PE1 sent to my account and I do remember paying 40dollars fee but I haven’t gotten my federal refund yet 


A deposit from Tax Products PE1 is most often a Federal refund for those people who chose the option to pay their TurboTax fees out of their Federal refund.  That's handled by an intermediary company called SBTPG (aka Tax Products Group.)   In that circumstance the IRS sends one's Federal tax refund to one's temporary account at SBTPG's bank, and SBTPG then subtracts any product fees plus a $40 service fee ($45 for California filers.)  Then SBTPG's bank sends the rest of the Federal refund to your bank account.  The description for the deposit often says something like Tax Products PE1 or something similar.

 

A state refund comes directly from the state tax agency.    SBTPG does not receive state refunds, only Federal.