When does SBBT recognize deposits from the IRS?

IRS says:

Your tax refund was direct deposited on March 7, 2008. If your refund is not credited to your account by March 12, 2008, check with your bank to find out if it has been received. Please wait until March 12, 2008 before you contact us again because we are unable to take any action until then.

SBBT says:

Santa Barbara Bank & Trust has not received your IRS refund.

Income Tax Refund Status

The expected ACH funding date of your refund was 02/15/2008. Since more than a week has passed since your expected funding date, the IRS has delayed the processing of your tax return. You can check on the status of your refund by calling the IRS at (800) 829-1954. If SBBT receives your refund after the expected ACH funding date, SBBT will process your refund according to your original instructions.

WHAT THE HECK?

And you will save a lot of money. SBB&T has a bad reputation as evidenced by some of the comments on this board.
Just do FreetaxUSA, Free1040now, or Taxact on line. Some states do not have free eFile on their website. One taxpayer emailed me and said it was only 10.00 to do BOTH Federal and State on FreeTaxUSA. Turbotax is 30.00; TaxAct is 17.00. H&R ripoff's is 45 and there have been complaints about the software and even the accuracy of the software.
Several States do not charge on their website to do income taxes. So you may be able to iFile {eFile} the State return for free. If the IRS accepts your return, you should get your State back in 5 business days and your Federal in 10-15 business days depending upon how late in the season. This also depends upon the software not messing up. You have to keep checking to make sure it went through. I've bought very expensive software before (Drake) and it didn't go through. I got all kinds of lies and excuses for why it didn't go through, depending upon which rep answered the phone.

You're welcome and thank you for the best answer!
Lord Bless:
Rocky
http://nextaxpro.spaces.live.c... Report It

Allow at least an extra week for SBBT to process your refund. They have to strip out the tax prep fees and their own fee and will then forward it to your bank.

Next year, pay your tax preparer up front and you won't have to deal with this delay.

It isn't a SBBT issue, There are many of us who have had this same issue, and not only with SBBT. The IRS says hey made a deposit when they really haven't. I personally was told by an IRS rep that my refund was deposited on Feb. 8, the site also states the same. I called SBBT and also my bank and nothing showed. About a week later I called the IRS and was advised the refund was never deposited that I would receive a letter. I have been waiting for my return since JANUARY 25th....still waiting...again this has happened to thousands of others.