Your refund in TurboTax is based on the information you entered from your W-2. First review your entry to make sure you capture your W-2 correctly.
Another reason could be your income tax withholding which is solely based on how you complete your Form W-4. This is the Employee's Withholding Certificate, from which your employer determines your rate of tax withholding. The amount that gets withheld is based on the information that you provide regarding income, credit, and deductions along with any additional tax you wish to withhold. The IRS recommends that you complete a new W-4 annually or whenever your life circumstances change, to prevent having tax deducted at an unrealistic rate. If you regularly owe taxes when you file your return, or if you have other income sources or deductions that may affect your tax rate, adding an additional withheld amount on your W-4 may put you in a refund position or keep you from owing too much.
The article below which will help you understand your Tax Refunds.
Understanding Your Refund
Why is the refund not what I expected
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