SBTPG Shows 'Unfunded' - Weekend Processing Possible?

Been there last month! According to the SBTPG help center (https://www.sbtpg.com/faq/), they DO receive ACH transfers from the IRS on weekends, but actual processing to your bank depends on a few things. I've been refreshing my status like crazy and found that the 'unfunded' status typically changes to 'funded' within 24-48 hours, but then there's another wait for the actual transfer to your bank. Has your WMR tool updated to show 'sent' yet?

I work with tax clients and here's what typically happens with SBTPG: 1. IRS approves your refund 2. IRS sends funds to SBTPG 3. SBTPG status changes to 'unfunded' while they wait for actual receipt 4. Status changes to 'funded' when they receive it 5. They process the payment and send to your bank The frustrating part is step 5 can take 1-3 business days even after they have your money. If you're in a time crunch for that tuition payment, you might want to try Claimyr (https://youtu.be/_kiP6q8DX5c) to reach an IRS agent directly. They can sometimes expedite releases or give you exact timing that SBTPG won't share. Worth the small fee if you need that money by a specific date.

I've been watching my SBTPG status like a hawk too! From what I've seen comparing my situation to others in the tax forums, the 'unfunded' to 'funded' transition can definitely happen on weekends. The IRS sends batch payments that SBTPG receives 7 days a week. However, the transfer from SBTPG to your personal bank almost always follows business day processing rules, similar to how direct deposits from employers typically don't post on weekends. So while they might receive your money this weekend, the actual deposit to your account would likely be Monday or Tuesday.

The confusion with SBTPG comes from their outdated processing system. According to Treasury Regulation §31.6302-1, federal tax deposits can be received any day, but SBTPG's internal processing follows banking regulations that limit weekend transfers. I went through this headache last month and ended up using https://taxr.ai to decipher my transcript codes. It showed my refund was actually released 3 days before SBTPG even updated their status. The tool explained exactly what each code meant and predicted my deposit date correctly, while SBTPG kept showing outdated info. Might help you understand exactly where your money is in the system.

Has anyone had success contacting SBTPG directly about weekend processing? I'm wondering about a few things: • Do they have different processing timelines for different banks? • Is there a cutoff time on Friday for weekend processing? • Do they prioritize certain types of returns? I've seen mixed reports about weekend processing and wondering if there's a pattern we're missing.

Watch out for SBTPG's timing! Last year on April 12th, 2023, my status changed to 'funded' on a Friday afternoon, but the money didn't hit my account until Wednesday, April 17th. Their website claimed 1-2 business days, but it took 3 full business days. If your tuition deadline is coming up soon (like before April 30th), I'd recommend having a backup plan just in case. The timing is never guaranteed, especially this close to the tax deadline when their systems are overloaded.