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djones24
New Member

We filed taxes on 2/3/18 rec'd a deposit in our savings on 2/12 that did not say IRS or NYs and was not the amount we expected. Can you explain it to me

[PII Removed]  filed on line

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We filed taxes on 2/3/18 rec'd a deposit in our savings on 2/12 that did not say IRS or NYs and was not the amount we expected. Can you explain it to me

We can't call you but you can call in.

Green Dot/SBTPG is the company that processes the refund transfer.  This deposit will be your federal (IRS) refund, minus your Turbotax fees and the extra fee for refund processing.  It does NOT include your state refund, which is paid separately by your state, according to their own separate schedule.

If the difference from your expected federal refund is more than your processing and transfer fees, the IRS might have reduced your refund or you might have an offset.  Check the refund amount at the IRS where's my refund web site.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*

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7 Replies

We filed taxes on 2/3/18 rec'd a deposit in our savings on 2/12 that did not say IRS or NYs and was not the amount we expected. Can you explain it to me

TT does not receive any infp on this. Who does it say the payor is on the bank record?

We filed taxes on 2/3/18 rec'd a deposit in our savings on 2/12 that did not say IRS or NYs and was not the amount we expected. Can you explain it to me

Did you choose to have Turbotax fees deducted from your refund?
*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
djones24
New Member

We filed taxes on 2/3/18 rec'd a deposit in our savings on 2/12 that did not say IRS or NYs and was not the amount we expected. Can you explain it to me

yes
djones24
New Member

We filed taxes on 2/3/18 rec'd a deposit in our savings on 2/12 that did not say IRS or NYs and was not the amount we expected. Can you explain it to me

The deposit reads Tax product PE3 origgreenDOT bank SBTPGllc
djones24
New Member

We filed taxes on 2/3/18 rec'd a deposit in our savings on 2/12 that did not say IRS or NYs and was not the amount we expected. Can you explain it to me

and the amount is NOT what turbo tax said it should be
djones24
New Member

We filed taxes on 2/3/18 rec'd a deposit in our savings on 2/12 that did not say IRS or NYs and was not the amount we expected. Can you explain it to me

could someone please call me [removed]

We filed taxes on 2/3/18 rec'd a deposit in our savings on 2/12 that did not say IRS or NYs and was not the amount we expected. Can you explain it to me

We can't call you but you can call in.

Green Dot/SBTPG is the company that processes the refund transfer.  This deposit will be your federal (IRS) refund, minus your Turbotax fees and the extra fee for refund processing.  It does NOT include your state refund, which is paid separately by your state, according to their own separate schedule.

If the difference from your expected federal refund is more than your processing and transfer fees, the IRS might have reduced your refund or you might have an offset.  Check the refund amount at the IRS where's my refund web site.

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*
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