Tpg products deposit less than expected

I took my paid amount due from using via turbo tax out of my refund. They gave me the exact amount due after their fee. NOThing about further fees was mentioned.

If your refund was less than you expected, it may have been reduced by the IRS or a Financial Management Service FMS to pay past-due child support, federal agency nontax debts, state income tax obligations, or unemployment compensation debts owed to a state. If your debt was submitted for offset by another agency, FMS will take as much of your refund as needed to pay off the debt. The remainder if any will be issued to you by check or direct deposit. Normally the IRS sends a letter within two weeks of the issuance of a check or direct deposit. Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed. Sign In.

Tpg products deposit less than expected

This was a common issue among tax-filers during the tax filing season and appears to have snuck up again this tax season. The TaxSlayer. TaxSlayer states that if you filed using their software, once the IRS releases your refund to TPG, the program preparation fees are deducted. The Intuit website has a question posted on March 8, A search shows this is associated with Intuit. Is this legit? If so, why is this a partial deposit and where is the rest? In February , similar issues were posted on Intuit. A respondent said that TurboTax knew about the issue and would issue a refund if the charges for tax preparation were higher than intended. However, TurboTax hasn't posted an official response. Several other comments mention similar issues — seeing a deposit from TPG Products, but the deposit isn't their expected tax refund amount. One other user not officially affiliated with Intuit responded that tax refunds are processed by a third-party company, which matches up with information about Santa Barbara Tax Products Group. If you believe there's a discrepancy with your TPG Products deposit or the fees that were deducted for tax preparation services, you can reach SBTPG at or you can contact the tax prepare you filed your return with. The company also goes by the name of Civista Bank. After going through the process of preparing your annual tax return, you naturally want to receive your full tax refund and get it promptly.

This is a lot less so not happy about it at all. Make a post. File your own taxes.

Thousands of dollars worth of federal tax refunds are missing. The IRS said it sent the money months ago, but many taxpayers are still waiting for it. I just need my money," Crystal Williams said. Nichole Smith is another person still waiting for her tax refund. Both women filed their taxes through Turbo Tax and thought they would get their tax refunds by check. Instead, their money was deposited in Santa Barbara Tax Product Group also known as TPG, which is the bank that processes refunds when you choose to have your tax preparation fees deducted. Both women have called Turbo Tax about not getting their tax refund.

This was a common issue among tax-filers during the tax filing season and appears to have snuck up again this tax season. The TaxSlayer. TaxSlayer states that if you filed using their software, once the IRS releases your refund to TPG, the program preparation fees are deducted. The Intuit website has a question posted on March 8, A search shows this is associated with Intuit. Is this legit? If so, why is this a partial deposit and where is the rest? In February , similar issues were posted on Intuit. A respondent said that TurboTax knew about the issue and would issue a refund if the charges for tax preparation were higher than intended.

Tpg products deposit less than expected

There can be a number of reasons why your refund was less than the amount you expected. First of all, look carefully at your actual tax returns. The amount of your refund is on your tax return. Federal refund is on line 34 on Form State tax forms are all different so we cannot tell you what line to look at on your state form. A lot of confusion would be avoided by doing that. TurboTax does not receive feedback from the IRS regarding money that was offset from your refund.

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By clicking "Continue", you will leave the Community and be taken to that site instead. I just need my money," Crystal Williams said. All topics. Sign In to Community. Still dealing with the large backlog of returns from previous years, in addition to added complexities due to changes in tax credits and deductions , the IRS still may not provide full tax refunds as quickly as most people would prefer. This was a common issue among tax-filers during the tax filing season and appears to have snuck up again this tax season. Was this helpful to you? Did you get your issue resolved? Station Info. Search Help Topics: Nichole Smith is another person still waiting for her tax refund. Sign In to Community. Your refund does not come from TurboTax. Resources Explore tax tools, get tips, and read reviews. So my transcript shows releasing as my refund, but now I received the amount I was supposed to pay.

Topic No. Why is my direct-deposited refund or check lower than the amount in TurboTax?

Remember me. Traffic U. Only the remaining amount of the CTC should have been on line 28 of your Form Where's my refund? We'll help you get started or pick up where you left off. File your own taxes. Do it yourself We'll guide you step-by-step. Several other comments mention similar issues — seeing a deposit from TPG Products, but the deposit isn't their expected tax refund amount. If your refund was less than you expected, it may have been reduced by the IRS or a Financial Management Service FMS to pay past-due child support, federal agency nontax debts, state income tax obligations, or unemployment compensation debts owed to a state. Featured forums. The IRS said it sent the money months ago, but many taxpayers are still waiting for it.