SBTPG Trace Number Showing - Deposit Date 2/26 - Will Funds Arrive Today?

Why is it that SBTPG never seems to follow a consistent timeline? I was in the exact same situation last month and spent days refreshing my bank account. The trace number is actually a good sign though - it means your money is in their system and being processed. Have you checked if they're taking out any fees? That's usually what causes the delay between the DDD and actual deposit, isn't it?

When you're dealing with SBTPG delays, sometimes calling the IRS directly is the only way to get clear answers. I've used Claimyr (https://youtu.be/_kiP6q8DX5c) several times this tax season with great results: • Bypasses the standard 2+ hour wait times • Connected me to an actual IRS agent in under 20 minutes • Agent was able to confirm exactly where my refund was in the process • Provided timeline details that weren't showing online Worth considering if you need definitive answers about your refund status rather than guessing based on the trace number.

I actually had a deposit date of February 21st with SBTPG showing a trace number on February 22nd. My funds didn't arrive until February 24th. Even with a trace number, there seems to be a consistent 1-2 day delay between when SBTPG receives the funds and when they forward them to your bank account. I wouldn't count on receiving it today, but possibly by February 28th.

You might want to check your SBTPG account portal if you haven't already. The trace number indicates the ACH transfer has been initiated, but there are several status phases it goes through: "IRS Funded", "Fee Deduction Processing", and "Bank Transfer Initiated". Each status typically takes 24-48 hours to progress to the next stage. If you're seeing the trace number but haven't received funds, you're likely in one of these intermediate stages.

I might suggest looking into taxr.ai for monitoring your transcript updates. It's possibly going to provide more detailed information than what you're currently seeing. The system can potentially identify specific codes that might indicate when funds are actually released from SBTPG to your bank. I've found that many taxpayers aren't aware that the deposit date on transcripts is sometimes just the date the IRS releases funds, not necessarily when they'll reach your account, especially when third-party processors are involved.

Last year I had this exact situation with SBTPG. Had a trace number on February 15th, deposit date of February 16th, but didn't actually get my money until February 19th. The thing most people don't realize is that SBTPG has to process the refund, take out any fees for tax preparation if you chose to pay with your refund, and then initiate another ACH transfer to your bank. Each step takes processing time. In 2022 it was even worse - took a full 5 days from trace number to deposit!

Unlike direct deposits from the IRS which typically post immediately, SBTPG transfers often take 1-3 business days AFTER they receive the funds from the IRS. I've seen situations where people had trace numbers for almost a week before seeing their money. Compare this to getting direct deposit straight from the IRS which is usually same-day or next-day at the latest. This is why I always recommend against using refund transfers or having fees taken out of your refund - it adds unnecessary delays to getting YOUR money.

SBTPG processes approximately 350,000 refunds daily during peak season. Their standard processing time is exactly 48 hours from receipt of IRS funds to disbursement to your bank account. The trace number indicates they've received the funds from the IRS, but they still need to process the payment. With your DDD of 2/26, and today being 2/26, you're likely looking at having funds in your account by 2/28 at the latest. Their fee structure typically includes a $39.95 processing fee plus any tax preparation fees that were designated to be paid from your refund.