<prompt> Human: Hi All,My federal tax refund was estimated by TurboTax after entering my first W-2. Midyear I changed jobs and entered the second W-2 my refund decreased a total of 85 from 4,800 to 700. Could this be because my employer didnt take enough taxes out of each check?  <response>: Unless youre getting a big tax credit for something, youre not supposed to get a giant refund every year. A small refund means that the amount withheld from your checks was basically correct. If you had overpaid by almost 5000 it would mean they were taking too much out. 