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New Member
posted Mar 2, 2022 3:34:43 AM

Why did I get a deposit from TBG products and why is it less??!

I got a deposit from TBG, I’ve filed with TurboTax before and I’ve never seen this name come across with my previous despójate. It’s also less than what TurboTax “estimated” for me. What is going on??

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24 Replies
Level 7
Mar 2, 2022 3:41:19 AM

Did you request to have the tax prep fees paid from refund? TBG handles that and takes the fee and sends your balance where you wanted it sent. You can contact the IRS or wait for a letter in mail from IRS explaining why the refund is different than you expected.

Intuit Alumni
Mar 2, 2022 9:34:39 AM

In this public forum, we do not have access to any information regarding refund processing. It would be necessary to contact TPG for additional information. You can also check out this TPG Help Article to check on your refund.

@userivanwillhite23

New Member
Mar 18, 2022 3:27:06 AM

@MoniqueLO_ I’m confused how they can take this money without our consent? I agreed to the amount of $105 dollars for TURBOTAX to do my taxes not TBG to take a additional $400 for absolutely no reason. If TurboTax doesn’t resolve this I and I’m sure many others won’t ever use TurboTax again. 

Level 3
Mar 29, 2022 3:38:39 PM

They stole $1300 from me. Im trying to figure out why. I've used turbo tax my whole life. Ill never in my life use it again after this. Id like to sue if they don't give it back. Maybe a class action law suit. Id never in my life authorize them to take an additional $1300

Level 3
Mar 29, 2022 3:39:24 PM

They stole $1368 to be exact

Level 3
Mar 29, 2022 3:47:25 PM

They took $1368 from me. There is no way my turbo tax fees were that much

Expert Alumni
Mar 29, 2022 4:04:25 PM

You should receive a letter from the IRS telling you why your refund amount was changed.  The most common reasons so far this season are: A couple other reasons include

  1. You owed back taxes, child support, student loans or something else that caused your refund to be Offset to pay some of the past due debt. You should have received a letter if this was the case.
  2. Something was not reported correctly on your return and the IRS recalculated your return causing you not to have a refund. This could include things such as missing income or inaccurately reported income (ex. you entered $5,500 for your W2 box 1 instead of $15,500)

 

You should look for a letter from the IRS and if you do not have one or do not receive one, you would need to call the IRS at 800-829-1040 as no one else would have the answer as to why your refund was reduced.

New Member
Mar 29, 2022 5:56:37 PM

They just took almost 2000 of mine... I hope they are ready for a lawsuit along with turbotax

Level 4
Mar 29, 2022 6:18:37 PM

The IRS probably took it.  Try suing them  😂

New Member
Apr 13, 2022 12:26:51 PM

Same happened to me. Missing about 1400 bucks. Will definitely be joining whatever class action lawsuit takes place. Absolute great and scum.

Expert Alumni
Apr 13, 2022 12:42:40 PM

If you received the third stimulus payment in 2021, you should have answered Yes to the question if your received the third stimulus check. 

The IRS has the exact amount that you received, you can not claim the recovery rebate credit if you received the third payment. The IRS will adjust your refund. 

New Member
Apr 19, 2022 4:45:39 PM

Did they fix it?

Level 1
Apr 20, 2022 3:32:37 AM

Why is my return almost 3000 dollars less

New Member
Apr 25, 2022 9:15:38 AM

Did you fix this they stole the same amount from me

Level 1
May 10, 2022 11:50:21 PM

I have the same question as everyone else who is TBG products and why was I not informed of additional fees. The amount I pay turbo tax intuit and now another vendor. I promise I am going back to using my CPA. I am being charged more by intuit and there vendors. Going back to old fashion way. Advising my entire family to do the same. Everyone just does whatever these days and gets away with it. Very disgruntled intuit.

New Member
May 10, 2022 11:56:19 PM

$5,000 stolen from this company!? I did NOT make a mistake. I'm getting a hold of my local media to look into this. Stealing from middle and lower class tax payers will not fly. Here comes the media! This is a total scam.

New Member
May 10, 2022 11:58:20 PM

Nope. I have documentation to prove my money was stolen.

Level 1
May 11, 2022 12:14:52 AM

They scammed me out of $600.00 . This has never happened before and I did not make a mistake either. Total scam!

Level 15
May 11, 2022 3:15:42 AM

@Toots6969 - if you have the documentation, how bout explaining it on this board? 

 

I suspect the issue has to do with Line 30 or Line 28 of Form 1040. 

 

if you did not enter the money you had already received for the 3rd stimulus. Line 30 is wrong and the IRS corrected it.

 

if you did not enter the money you received for any children from July - Dec, 2021, Line 28 is wrong and the IRS corrected it. 

Level 15
May 11, 2022 5:28:05 AM

No one stole your money.  TT does not even receive your tax refund.  And when the IRS makes an adjustment, it does not notify TT or TPG.  But it may be due to the Recovery Rebate (stimulus) or Child Tax Credit, for which many taxpayers (not just TT customers) have been making mistakes.  You will be getting a letter in the mail from the IRS in 2-4 weeks, so watch for it.

 

IRS updates frequently asked questions to assist those claiming the 2021 Recovery Rebate Credit

 

FS-2022-28, IRS updates Tax Year 2021/Filing Season 2022 Child Tax Credit Frequently Asked Questions, information to help taxpayers prepare their 2021 returns

New Member
Dec 30, 2022 1:34:17 PM

On 12/29/22 I got a TBG Products SBTPG fpr $3,557.90 into my bank account with Wells Fargo. When I googled the name Turbo Tax came up of which I am a subscriber. Why did I get this deposit since I have not filed for 2022?

Level 15
Dec 30, 2022 1:38:07 PM

@avrume123 - is this your 2021 tax refund? 

 

if you used TT and requested that the fees be netted from your tax return, the IRS first sends the money to SBTPG, they remove the fees and then send the remaining about to the bank account you listed on your tax return....

 

are you thinking it is in error? it is not yours?????

New Member
Mar 8, 2023 12:16:07 PM

It your income tax money subtract the turbo tax fees and IRS  found a problem and fixed  it

New Member
Mar 14, 2023 7:29:26 AM

Spoiler
I as many of us have noticed, also have had almost 700 extra dollars taken from me by this horrible company. No letter from the irs, submitted a complaint with both TurboTax and this tpg products garbage company as well, no mistakes on my return, its the same thing ive done for years now, haven't heard from anyone and very disappointed. Will never use TurboTax again and will be joining every personal and class action claim I can find against them both. You guys are going to lose a LOT of business over this trash. And were complaining to TurboTax because even though they don't get the taxes, we only agreed to do business with them NOT tpg. No disclaimer telling us about it, no information on how we're going to be paying a 3rd party company we didn't even know about. This is on YOU.  Make it right turbotax. Were waiting.