Last year, my self-employed income was $1044 with $366 in expenses. I started this year by adding my income first: $1883, and Turbotax projected my income to be ~$300. Then, as I went through and added my $879 expenses for the year, the projected refund went down to $156.
I wonder if Turbotax predicts what my refund might be before I add my actual expenses by using the same ratio as the previous year or something? Usually, my refund increases when I add my expenses for the year.
