MonikaK1
Employee Tax Expert

Get your taxes done using TurboTax

As already noted, you had more income in 2024, but you also paid in more taxes in 2024, so you ended up with nearly the same refund as you did for 2023.

 

In TurboTax Online, you can preview your return before filing to find out how your taxes were calculated. See here for details. 

 

Taxes are often calculated using a different method than the tax tables. For example, if you have capital gains, the tax on those is calculated at the capital gain rate for your income level. If you are self-employed, you may have self-employment taxes in addition to income taxes.

 

@jol131 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post