turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

On average, how long does Intuit hold a return that is scheduled to be funded by Direct Deposit but processed by Intuit to pay for the paperwork processing first?

According to the IRS, Intuit received my refund with the first batch of returns that arrived February 1st, so I am waiting for Intuit to process the fee for filing and send the rest on to me.  It's been two business days for that to happen--how long does it usually take for this?  I expected the funds to be sent to me by now, as the benefit of setting up DD in the first place is to avoid tedious processing times.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

On average, how long does Intuit hold a return that is scheduled to be funded by Direct Deposit but processed by Intuit to pay for the paperwork processing first?

The "refund processing service" is handled by Santa Barbara Tax Products Group (SBTPG or TPG) on behalf of Intuit; it generally takes them 1-2 business days to deduct the fees and forward you the balance. For your refund's status there, go to https://taxpayer.sbtpg.com/ .

View solution in original post

2 Replies

On average, how long does Intuit hold a return that is scheduled to be funded by Direct Deposit but processed by Intuit to pay for the paperwork processing first?

The "refund processing service" is handled by Santa Barbara Tax Products Group (SBTPG or TPG) on behalf of Intuit; it generally takes them 1-2 business days to deduct the fees and forward you the balance. For your refund's status there, go to https://taxpayer.sbtpg.com/ .

On average, how long does Intuit hold a return that is scheduled to be funded by Direct Deposit but processed by Intuit to pay for the paperwork processing first?

does anyone know if they process on Saturday and Sunday or only on business days?

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question