In general, I charge a fixed price per form and worksheet. Certain items (i.e. interest, dividends, stock sales, depreciation) also have a per item charge. Therefore, your total fee is based on the complexity of your return. Fees assume well-organized, complete, and timely information from the taxpayer. Bookkeeping* fees will be applied if records are incomplete or unorganized. You are responsible for providing complete and accurate information to ensure your taxes are completed in the best way possible. Additional fees related to services not covered by this schedule may apply. Clients will be notified in advance of these fees if applicable.
Personal Returns |
|
|
| 1040EZ |
35 |
|
| 1040EZ with ME state |
40 |
|
| 1040A |
45 |
|
| 1040A with ME state |
50 |
|
| 1040 standard deduction without preparation of sch. A |
75 |
|
| 1040 if sch. A (itemized) is prepared even if not used |
125 |
|
| 1040ES Estimated Tax |
30 |
|
| 1040X (Amended prior year return) |
80 |
|
| ME state return (with 1040) |
35 |
|
| Other state return (per return with federal) |
50 |
|
Business & Estate Returns |
|
|
| 990 Tax-Exempt |
300 and up |
|
| 1065 Partnership |
300 and up |
+ $40 each K-1 |
| 1120 Corporate |
300 and up |
|
| 1120S S-Corp |
300 and up |
+ $40 each K-1 |
| Estate |
300 and up |
|
| Gift Tax |
200 and up |
|
Schedules (most common) |
|
|
| B Interest or Dividends |
20 |
+ $3 each for more than 5 items |
| C Business Profit/Loss |
70 |
|
| C-EZ Business |
40 |
|
| D Capital Gain/Loss |
30 |
|
| E Rental Property and Royalty Income - 1st |
45 |
+ $35 for each additional |
| SE Self-employment Tax |
25 |
|
Credits (most common) |
|
|
| EIC Earned Income Credit |
25 |
|
| R Credit for the Elderly |
15 |
|
| 1116 Foreign Tax Credit |
35 |
|
| 2119 Sale of Residence |
70 |
|
| 2441 Child & Dependent Care Credit |
25 |
|
| 8598 Home Mortgage Interest Calculation |
45 |
|
| 8801 AMT Credit |
20 |
|
| 8812 Additional Child Tax Credit |
15 |
|
| 8863 Education Credits |
35 |
|
| 8880 Retirement Savings Credit |
10 |
|
Other Forms (most common) |
|
|
| 1310 Deceased Taxpayer Refund |
35 |
|
| 2106 Employee Business Expenses |
45 |
|
| 2210 Underpayment of Tax |
20 |
|
| 2555 Foreign Income Exclusion |
55 |
|
| 3903 Moving Expenses |
40 |
|
| 4137 or 8919 Uncollected Soc. Sec./Medicare Tax on Wages (Tip Income) |
15 |
|
| 4562 Depreciation (+$35 if need to establish depreciation basis) |
10 |
+ $20 per item |
| 4684 Casualty or Theft Loss |
20 |
|
| 4797 Sales of Business Property |
70 |
+ $15 each for more than 3 |
| 4868 Extension of Time to File |
15 |
|
| 4952 Investment Interest Expense |
25 |
|
| 5329 Early Withdrawal Penalty |
45 |
|
| 6198 At-Risk Limitation |
35 |
|
| 6251 Alternative Minimum Tax (AMT) |
40 |
|
| 6252 Installment Sale 1st yr (each) |
70 |
|
| 6252 Installment Sale subsequent yrs (each) |
15 |
|
| 8283 Non-cash Donations to Charity Valued at $500 or More |
20 |
|
| 8582 Passive Activities |
35 |
|
| 8606 Non-deductible IRAs |
20 |
|
| 8615 Kiddie Tax |
20 |
|
| 8814 Parent's Election to Report Child's Interest and Dividends |
25 |
|
| 8822 Change of Address |
5 |
|
| 8824 Like-Kind Exchange |
70 |
+ $15 each for more than 3' |
| 8829 Office in the Home |
40 |
|
| 8839 Adoption Expense |
25 |
|
| 8889 Health Savings Account |
15 |
|
| 9465 Installment Agreement |
20 |
|
| Worksheets |
$5 to $40 |
|
Services |
|
|
| *Bookkeeping* |
$50 per hr |
|
| Review Prior Return |
$50 per hr |
|
| Initial Consultation with Tax Preparation (up to 1/2 hour) |
free |
|
| Tax Advice / Consultation without Preparation |
$60 per hr |
|