What is Santa Barbara Tax Products Group deposit?

What is Santa Barbara Tax Products Group deposit?

Santa Barbara Tax Products Group is used to process your refund when you elect to have your tax preparation fees deducted from your refund. Therefore, your review page is showing a Direct Deposit to them.

What bank does TPG use?

Green Dot Bank
TPG is a proud supporter of the following organizations GO2bank also operates under the following registered trade names: Green Dot Bank, GoBank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank.

What is DD tax products pe1 SBTPG LLC?

Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have your TurboTax fees deducted from your refund. This option also has an additional charge from the bank that processes the transaction.

Does TurboTax use Santa Barbara Tax Products Group?

Is Santa Barbara Tax Product group a legitimate payer of Federal tax refunds representing Turbo Tax? Yes, if you chose to pay product fees through them. They are the intermediary company whose bank receives the funds from the IRS when one chooses to pay TurboTax product fees out of the Federal refund..

What is tax products deposit in my bank account?

This is the descriptor for the intermediary company (Santa Barbara Tax Products Group) that processes a refund when you choose to pay fees (Refund Processing Service) out of the Federal refund.

What is TPG products orig Green Dot Bank?

Founded in 1991, Santa Barbara Tax Products Group (TPG) became a Green Dot company in 2014. TPG serves consumers nationwide with tax-related financial products and services that provide value, are fairly priced and satisfy consumer need.

What is Tax Products Group SBTPG LLC?

What do TAX PRODUCTS PE4 SBTPG LLC means? Santa Barbara Tax Products Group-they are the company that processes the refund whenever you choose to have your TurboTax fees deducted from your federal. The refund is sent to them, the fees are deducted, and then the remainder is sent to your bank.

Is TPG products related to TurboTax?

TPG (or SBTPG) is Santa Barbara Tax Products Group, which is an intermediary company that initially receives one’s Federal refund if one chose to pay any TurboTax fees out of a Federal refund.

Is SBTPG a bank?

Santa Barbara Tax Products Group is based in San Diego, California and operates as a subsidiary of Green Dot Corporation….Santa Barbara Tax Products Group.

Industry Financial services
Headquarters San Diego, California
Area served Nationwide
Website www.sbtpg.com

Why is the IRS depositing money in my account?

IRS Surprise Money Issued As People Find Tax Refund Deposits in Bank Accounts. Some Americans have been surprised by a deposit from the Internal Revenue Service in their bank accounts. They payment was not a fourth stimulus check, but rather a refund for taxpayers who overpaid taxes on unemployment compensation in 2020 …

What is ACH from TPG products?

What is ACH from TPG products? ACH stands for “Automated Clearing House.” ACH is an electronic network used by banks and government agencies (e.g., IRS) to process financial transactions and transmit money via direct deposit.

What is Santa Barbara TPG bank?

About Santa Barbara Tax Products Group TPG offers tax-related financial products through a network of tax preparation franchises, independent tax professionals and online tax preparation providers. TPG is located in San Diego, California.

Why is the IRS sending me money every month?

To get money to families sooner, the IRS is sending families half of their 2021 Child Tax Credit as monthly payments of $300 per child under age 6 and $250 per child between the ages of 6 and 17. This amount may vary by income.

Is TurboTax a TPG product?

What is TPG products original Green Dot Bank SBTPG LLC?

  • September 4, 2022