Do not confuse tax products pe1 with tax products pe3.
You might have to look that up so you don’t get it twisted.
So if you have the tax products pe1 reflecting on your bank account, you can get in here to find out what it means.
Don’t ponder if it is coming from the IRS or from the refund deposit.
So the next time you see tax products pe1 in your report, you most likely had your tax return filed by an outside firm like Jackson Hewitt or thru software like Turbo Tax/TaxAct.
The ID itself is the fee taken out from your refund as part of the agreement when you used these outside services.
Go back and review your return.
Near the end, regarding refund methods and payments, you should see the agreement that they will take their fee out of your refund directly.
If you had not agreed to this, contact the firms immediately to sort this out.