The Wisely early deposit feature is nothing compared to what traditional banks offer. Chase, BoA, and Wells Fargo all hold your money until the exact deposit date while Wisely releases it when they receive the notification. Last year my partner with a traditional bank got their refund on April 15th exactly while I had mine on Wisely April 13th. Your friend needs to check NOW though - the money is likely already there or will be within hours. This isn't some sketchy process - it's standard ACH handling.

I've been using Wisely for my refunds for the past two years and can share some real experience here. When SBTPG shows "funded," you're basically in the home stretch - usually means 1-2 business days max before it hits your Wisely card. Last year my refund came 3 days early, this year it was 2 days early. The key thing to remember is that Wisely doesn't actually control the timing - they just release the funds as soon as they receive the ACH notification from SBTPG. So while they advertise "up to 4 days early," it's really dependent on when the IRS sends the money and how quickly SBTPG processes it. Tell your friend to keep checking his Wisely app - if SBTPG shows funded today, there's a good chance it'll be there tomorrow or the next day. The process is pretty reliable once you understand the flow.

I'm in the exact same situation! Filed my MI-1040 and homestead credit on February 6th and it went into manual review status on February 13th. This is my first time dealing with this and I was really stressed thinking I did something wrong on my return. Reading all these comments is actually making me feel so much better - it sounds like this is just standard procedure when you claim the homestead property tax credit. The June timeline is definitely frustrating since I was hoping to use my refund for some home repairs, but at least now I know what to expect. Has anyone tried calling the Treasury department or is it really not worth it like Grace mentioned? I'm tempted to call just to see if there's any additional info they can give, but if it won't speed things up then maybe I should just wait it out 🤷‍♀️

Going through the exact same thing! Filed my MI-1040 and homestead credit on February 3rd and it switched to manual review on February 10th. I've been checking eServices like every other day hoping for updates but nothing yet. This thread is honestly so helpful - I had no idea this was normal for homestead credit claims! The June timeline is definitely a bummer since I was planning to use my refund for some bills, but at least now I know what to expect. It's wild that Michigan's system flags these credits so consistently for manual review. You'd think after all these years they'd have a more streamlined process, but I guess property verification just takes time. Thanks everyone for sharing your experiences - makes me feel way less anxious about the whole situation! 😅

Your probably in a higher tax bracket now with both incomes combined. Its like the govt thinks your making less than you are when each W2 gets procesed separately so they take less tax. Then when you combine them its like "surprise you make more than we thought so give us more money now!" I had this same problm last year when I had two jobs. My tax guy said to always check the "withhold at higher single rate" box on your W4 if you have multiple income sources or just put an extra $50 per check in the "additional withholding" line. Saves the surprize bill in April!

This exact thing happened to me last year! The frustrating part is that both payroll systems were technically calculating withholding "correctly" based on what they knew, but they had incomplete information. What helped me understand it was thinking about it like this: if you make $30k total but each payroll system only sees $15k, they each calculate withholding as if you're in the lower tax brackets for the full year. But when the IRS sees your actual $30k income, some of that money should have been taxed at higher rates. For next year, I'd definitely recommend using the IRS withholding calculator mid-year to check if you're on track. You can also ask HR to withhold an extra $20-30 per paycheck on your W-4 form (line 4c) as a buffer. Better to get a small refund than owe money again! The good news is that once you understand why it happened, it's pretty easy to prevent in the future. Just gotta make sure your withholding accounts for your total expected income, not just what each individual employer sees.

I just went through this exact scenario! Filed my missing 2021 return via fax on February 28th after getting the 570/971 codes on my 2024 refund. My transcript updated on March 14th with an 846 code and the refund was deposited 3 days later. The whole process took about 16 days from fax to deposit. A few tips that helped me: - Include a cover letter explaining you're filing to release your 2024 refund hold - Reference your current year case number if you have one - Keep checking your transcript every few days for updates - Don't panic if it takes the full 2-3 weeks they quote The IRS seems to be handling these cases pretty efficiently right now. Good luck with yours!

I'm currently going through this same situation! Got the 570/971 codes on my 2024 transcript about 10 days ago when I realized I never filed my 2021 return (long story involving a move and some personal issues that year). I faxed my 2021 return on March 5th to the Cincinnati processing center with a cover letter explaining the situation. So far no updates on my transcript, but reading everyone's experiences here gives me hope that it should resolve within the next week or two. One question for those who've been through this - did you get any kind of notice or letter from the IRS before you noticed the hold codes on your transcript? I'm wondering if I missed something in the mail or if the transcript codes are typically the first indication of the issue. Thanks for starting this thread @Malik Robinson - it's really helpful to hear from others in the same boat!

I had this exact same thing happen to me two years ago and it was so confusing! I was expecting my refund from the IRS and instead got a deposit from some company I'd never heard of. Like others have mentioned, SBTPG is basically the middleman that TurboTax uses when you choose to have your fees taken out of your refund. The thing that really annoyed me was how they make this sound like a simple convenience during filing, but don't clearly explain that you're actually paying an extra fee AND your refund gets delayed while it goes through their system first. I remember checking the IRS "Where's My Refund" tool and seeing that my refund had been sent, but then waiting several more days for SBTPG to actually deposit it in my account. Ever since then, I just pay the TurboTax fees with my debit card when I file. It's so much simpler - you get your full refund amount directly from the IRS without any third party involved. The peace of mind is worth not having to wonder if some random company legitimately has your money!

This whole SBTPG situation is exactly why I switched to FreeTaxUSA a few years ago. I got tired of TurboTax's hidden fees and confusing third-party arrangements. With FreeTaxUSA, federal filing is completely free for simple returns, and even their deluxe version is way cheaper than TurboTax without all these middleman complications. When you file with them, your refund comes directly from the IRS - no SBTPG, no extra processing fees, no delays. I know it's too late for this year, but definitely worth considering for next tax season. I've saved hundreds of dollars over the years by switching away from TurboTax's fee structure. Sometimes the "big name" tax software isn't worth the premium you pay!