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Get your taxes done using TurboTax
It's possible that your raise contributed to the reduction in your return.
For example, if you worked full-time (40 hours per week) just 48 weeks out of the year, a dollar raise would equate to an extra $1920 in income (40 hours per week * one dollar per hour * 48 weeks). Other factors, such as tax brackets, credit phaseouts, etc., may also play a part.
If you are looking for a larger refund, you may consider adjusting your withholding here.
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‎January 22, 2020
8:38 PM