SBTPG Showing 'Funded' Before Direct Deposit Date - Anyone Get Refund Early?

This is actually a fairly common occurrence, especially during peak refund season. Let me walk you through what's happening: 1. SBTPG (Santa Barbara Tax Products Group) has received your refund from the IRS 2. They've marked it as "Funded" in their system, which means they've acknowledged receipt 3. They still need to deduct their fees and your tax preparer's fees 4. Then they process the remaining amount to your bank account The frustrating part is that even though they have your money, they often hold it until very close to the official DDD. I've seen this happen to countless people this tax season.

I went through this exact situation last year! SBTPG showed funded 3 days before my DDD, and I was checking my bank account every 20 minutes like a crazy person 😂 One thing that really helped me track everything was using https://taxr.ai to analyze my transcript. It showed me exactly where my refund was in the process and explained all those weird codes on my transcript. It even predicted when SBTPG would release my funds based on my DDD and historical patterns. Saved me a lot of anxiety during the waiting game! Good luck with that bedroom addition - I have twin boys who needed separation, so I feel your pain!

SBTPG is notorious for this. They receive your money, mark it as funded, then sit on it until your DDD or sometimes even a day after. It's completely different from direct deposits that go straight from IRS to your bank. With those, you often get paid 1-2 days early. With SBTPG as the middleman, they rarely release early.

I had this happen 2 wks ago! SBTPG showed funded on a Tues but my DDD wasn't til Friday. Ended up getting $ deposited Wed night which was awesome bc I needed it for a car repair ASAP. Def depends on ur bank tho. Some ppl w/ same timeline but diff banks didn't get theirs til Thurs or the actual DDD. Hope u get urs early for those bedroom renovations! Teen girls def need their space lol.

SBTPG can be frustrating. They hold your money. Sometimes they don't answer questions. Called IRS for similar issue last year. Waited forever. Used Claimyr instead. Got through in 15 minutes. Agent confirmed exact timing. Worth the fee. Saved me days of stress. Try https://www.claimyr.com if you need answers fast.

I track this every year and have noticed a pattern. When SBTPG shows funded, the actual deposit typically arrives based on your bank's ACH processing schedule. For example: - Credit unions and online banks like Chime often deposit 1-2 days before the DDD - Major banks like Chase, BoA, Wells Fargo usually stick closer to the DDD - Some regional banks may even be a day after The "funded" status means SBTPG has received your refund from the IRS and processed their fee deduction. They typically initiate the transfer to your bank within 24 hours of showing funded. Your bank's processing time determines the rest.

I received my refund on February 17th, exactly one day before my scheduled DDD of February 18th. SBTPG showed funded on February 15th. The timing appears to be consistent with what you're experiencing. Based on the patterns I've observed, you should likely receive your deposit on March 24th, assuming your bank processes weekend ACH transfers. If not, it would likely be Monday, March 25th. The exact timing depends significantly on your financial institution's processing schedule.

I've been tracking this pattern for the last three tax seasons. In 2022, SBTPG held my refund exactly until the DDD. In 2023, I received it one day early. This year (2024), I received it two days before the DDD after SBTPG showed funded. The inconsistency likely relates to their internal processing volumes and banking relationships. My credit union specifically mentioned they release funds as soon as the ACH transfer is initiated, rather than waiting for the official posting date that might be included in the transfer details.

I'm going through this exact same situation right now! My SBTPG account switched to "funded" yesterday and my DDD is March 26th. This is my first time using the fee deduction option, so I wasn't sure what to expect. Based on everyone's experiences here, it sounds like there's a good chance of getting it 1-2 days early depending on your bank. I'm with Navy Federal Credit Union, and they're usually pretty good about releasing funds as soon as they receive the ACH transfer. The waiting is killing me though! I keep refreshing both SBTPG and my banking app every few hours 😅 Really hoping it comes through by Friday so I can handle some urgent expenses over the weekend. Thanks for asking this question - it's reassuring to know this "funded but not deposited" limbo is totally normal!

I can relate to your situation! Last year my SBTPG showed "funded" 4 days before my DDD of March 30th, and I was constantly checking my bank account hoping for an early deposit. Unfortunately, I ended up getting it exactly on the DDD - no early release for me. From what I've noticed, it really seems to depend on your specific bank and their ACH processing policies. Some people get lucky with credit unions or online banks that release as soon as they receive the transfer, while others wait the full time. One thing that helped manage my expectations was calling my bank directly to ask about their ACH posting schedule. My banker explained they typically hold government/tax refunds until the official date unless they're specifically flagged for immediate release. Hope you get yours early for that bedroom project! As a parent of teens myself, I totally understand the urgency of creating more space before the territorial wars escalate 😂 Nothing like sibling rivalry to motivate home improvements!