|
Tax Preparation Fees
Fees are calculated
based on the forms required for the return:
|
FORM |
DESCRIPTION |
My Fee |
*Others |
|
Form 1040 |
U.S. Individual Income Tax Return |
35 |
55 |
|
Form 1040 A |
U.S. Individual Income Tax Return |
35 |
40 |
|
Form 1040 EZ |
Single Filers With No Dependents |
25 |
35 |
|
Schedule A |
Itemized Deductions |
15 |
25 |
|
Schedule B |
Interest/Dividend Income |
5 |
|
|
Schedule C |
Business Income or Loss |
25 |
50 |
|
Schedule D |
Capital Gain or Loss |
10 |
35 |
|
Schedule E-1 |
Rental/Royalty Income |
20 |
25 |
|
Schedule E-2 |
Partnership, S-Corp, Estate, Trust Income |
5 |
|
|
Schedule EIC |
Earned Income Credit |
10 |
15 |
|
Schedule F |
Farm Income |
15 |
45 |
|
Schedule H |
Household Employees |
10 |
25 |
|
Schedule SE |
Self-Employment Tax |
5 |
10 |
|
Form 2106 |
Employee Business Expense |
10 |
30 |
|
Form 2441 |
Child Care Credit |
10 |
30 |
|
Form 4562 |
Depreciation |
10 |
40 |
|
Form 5329 |
Tax on IRA |
5 |
25 |
|
Form 8453 |
Electronic Filing |
15 |
25 |
|
Form 8606 |
Nondeductible IRA Contributions, IRA Basis |
10 |
20 |
|
Form 8829 |
Business Use of Your Home |
15 |
40 |
|
State Form |
Any State |
25 |
N/A |
|
City Form |
Any City |
15 |
N/A |
Refund Anticipation Loans: Not offered
* Average fees were abstracted from the survey report - 1998 Income & Fees of Accountants in Public Practice, published by the National Society of Accountants for comparison purposes.
The following is an example of how to compute your tax preparation fee based on the table above.
This example assumes you have wage income, operate a small home business, itemize deductions for taxes, mortgage interest and contributions, and file a joint Federal, State, and City Income Tax Return.
Actual fees charged could vary from this sample due to the complexity of your return.
|
FORM |
DESCRIPTION |
Fee |
|
Form 1040 |
U.S. Individual Income Tax Return |
35 |
|
Schedule A |
Itemized Deductions |
15 |
|
Schedule C |
Business Income or Loss |
25 |
|
Schedule SE |
Self-Employment Tax |
5 |
| |
Federal Return Total |
80 |
|
State Form |
State of Ohio |
25 |
|
City Form |
Any City |
15 |
|
Total Fee |
Federal, State & City Returns |
120 |
|
