average cost for personal tax preparation
I just ran across a bit of interesting information on the cost of tax preparation from the National Society of Accountants. According to their biennial survey, the average tax prep fee for an itemized Form 1040 with Schedule A plus a state tax return is $229.For a Form 1040 and state return without itemized deductions, the average price drops to $129.Update: Be sure to check out this recent post from GetRichSlowly with tons of additional data on tax preparation costs for 2012.or those of us with more complex returns, hereâs a rundown of average costs for other IRS tax forms: 1  $212 for Form 1040 Schedule C (profit or loss from business). 2  $551 for Form 1065 (partnership). 3  $692 for Form 1120 (corporation).