IRS Registered Tax Return Preparer

Please email or call us. (518) 421-6204

Preparation Fees

Fee Table for 2021 Tax Filing Season

Average tax preparation fees depend on three factors: 1.How organized are you?  2.Where do you live?  3.Are your taxes complicated?

The National Association of Tax Professionals has advised that the average for preparation is: $189.00 in the Capital District.

The complexity of your tax return impacts your preparation cost. Tax professionals generally charge by the form,– for example, an hourly rate for organizing your shoebox full of receipts plus separate charges for your tax forms. Expect to pay less than the average cost if you’re a salaried employee taking the standard deduction with no additional schedules or tax credits.

You can expect to pay more if you have any of the following:

  • Real estate taxes or home mortgage interest deductions
  • Small business expenses that may qualify for deductions
  • Rental income and expenses that may qualify for deductions
  • Investment income on stocks, bonds, or cryptocurrency
    • Set fee per form and schedule (39% use this method, and the average charge for a Form 1040 in 2020 was $131, Schedule A was $41, Schedule C was $84, Schedule D was $38 and Schedule E was $59) The charge is $ 353 plus STATE.
    • Hourly rate (7% use this method and the average hourly rate in 2020 was $120)

FOR TAX YEAR FILING OF 2021
Green = Major Changes to Form


 Yellow = NEW Form for Tax Year 2021

#

 Form Name of Form

Base Price

1

 RET 1040 (revised) US Individual Income Tax Return

$120

2

 RET SCH 1 (revised) Additional Income and Adjustments to Income

$30

3

 RET SCH 2 (revised) Additional Taxes

$12

4

 RET SCH 3 (revised) Additional Credts and Payments

$12

5

 RET 1040-NR Return for Non-Residents

$160

6

 RET 1040-SS Return for Residents of Puerto Rico

$160

7

 FRM 1040-X Amended US Individual Income Tax Return

$80

8

 RET 1040-NR Itemized Deductions for Non-Residents for 1040NR

$105

9

 RET 1040-NR Tax on Income Not Effectively Connected With U.S. 1040NR

$53

10

 RET 1040-NR Other Information for 1040NR

$53

11

 1040SS F Puerto Rico Residents Profit or Loss From Farming

$100

12

 1040SS C Puerto Rico Residents Profit or Loss From Business

$100

13

 1040SS SE Puerto Rico Residents Self-Employment Tax

$52

14

 FRM W-2 Wage and Tax Statement

$5

15

 FRM W-2G Certain Gambling Winnings

$5

16

 FRM W-4 Employee’s Withholding Allowance Certificate

$20

17

 FRM W7 Application for Individual Taxpayer Identification

$100

18

 FRM W7 COA Certification of Accuracy for IRS ITIN

$125

19

 FRM W-2PR Puerto Rico Withholding Statement

$10

20

 FEC RECORD Foreign Employer Compensation / Pensions

$25

21

 K-1 (1041) Beneficiary’s Share of Income, Deductions, Credits

$25

22

 K-1 (1065) Partner’s Share of Income, Deductions, Credits

$25

23

 K-1 (1120S) Shareholder’s Share of Income, Credits, Deductions

$25

24

 WKS NOL Net Operating Loss Worksheet

$25

25

 SCH A Itemized Deductions

$40

26

 SCH B Interest & Dividend Income

$20

26

 SCH B (Form 1116) (New) Foreign Tax Carryover Reconciliation Schedule

$10

26

 SCH C (Form 1116) (New) Foreign Tax Redeterminations

$20

27

 SCH C Profit or Loss From Business

$100

28

 8949/1099-B Sales and Other Dispositions of Capital Assets

$50

29

 SCH D Capital Gains and Losses

$50

30

 SCH E PG 1 Supplemental Income and Loss PG 1

$75

31

 SCH E PG 2 Supplemental Income and Loss PG 2

$25

32

 SCH EIC Earned Income Credit

$65

33

 SCH F Profit or Loss From Farming

$100

34

 SCH H Household Employment Taxes

$25

35

 SCH LEP Schedule LEP

$2

36

 SCH J Farm Income Averaging

$55

36

 SCH K2 (new) (Forms 1065, 1120-S and 8865)

$25

36

 SCH K3 (new) (Forms 1065, 1120-S and 8865)

$25

37

 SCH R Credit for the Elderly or the Disabled

$20

38

 SCH SE Self-Employment Tax

$20

39

 FRM 461 (Revised) Limitation on Business Losses

$12

40

 FRM 965 Inclusion of Deferred Foreign Income Upon Transition to Participation Exemption System

$10

41

 FRM 965-A Individual Report of Net 965 Tax Liability

$10

42

 FRM 965 S A US Shareholder’s Section 965(a) Inclusion Amount

$10

43

 FRM 965 S B Deferred Foreign Income Corporation’s Earnings and Profits (E&P)

$10

44

 FRM 965 S C US Shareholder’s Aggregate Foreign Earnings and Profitcs Deficit

$10

45

 FRM 965 S D US Shareholder’s Aggregate Foreign Cash Position

$10

46

 FRM 965 S E US Shareholder’s Aggregate Foreign Cash Position – Detail

$10

47

 FRM 965 S F 2018 Foreign Taxes Deemed Paid by Domestic Corporation

$10

48

 FRM 965 S G 2017 Foreign Taxes Deemed Paid by Domestic Corporation

$10

49

 FRM 965 S H Amounts Reported on Forms 1116 and 1118 and Disallowed Foreign Taxes

$10

50

 FRM 982 Reduction of Tax Attributes

$50

51

 FRM 1042-S Foreign Person’s US Source Income Subject to Withholding

$100

52

 FRM 1098 Mortgage Interest Statement

$11

53

 FRM 1098-C Contributions of Motor Vehicles, Boats and Planes

$20

54

 FRM 1098-E Student Loan Interest Statement

$20

55

 FRM 1098-T Tuition Statement

$20

56

 FRM 1099-C Cancellation of Debt

$20

57

 FRM 1099-DIV Dividends and Distributions

$6

58

 FRM 1099-G Certain Government Payments

$6

59

 FRM 1099-INT Interest Income

$6

60

 FRM 1099-LTC Long-Term Care and Accelerated Death Benefits

$50

61

 FRM 1099-NEC Nonemployee Compensation

$11

62

 FRM 1099-MIS Miscellaneous Income

$11

63

 FRM 1099-K Payment Card and Third Party Network Transactions

$15

64

 FRM 1099-Q Payments From Qualified Education Programs

$20

65

 FRM 1099-QA Distributions From ABLE Accounts

$20

66

 FRM 1099-R Dist from Pensions, Annuities, Retirement, etc.

$11

67

 FRM 1099-OID Original Issue Discount

$15

68

 FRM SSA-1099 Social Security Benefits Statement

$6

69

 FRM SSA1042S Social Security Benefits Statement For Nonresident Aliens

$25

70

 FRM RRB-1099 RailRoad Retirement Benefits Statement

$6

71

 FRM RRB1042S RailRoad Retirement Benefits Statement For Nonresident Aliens

$25

72

 FRM 1116 Foreign Tax Credit

$25

73

 FRM 1127 Application for Extension of Time for Payment of Tax Due to Undue Hardship

$25

74

 FRM 1310 Person Claiming Refund Due Deceased

$25

75

 FRM 2106 Employee Business Expenses

$30

76

 FRM 2120 Multiple Support Declaration

$25

77

 FRM 2210 Underpayment of Est Tax by Individuals, Estates, & Trusts

$25

78

 FRM 2210-F Underpayment of Est Tax by Farmers and Fisherman

$25

79

 FRM 2350 Extension of Time If Qualify for Special Tax Treatment

$25

80

 FRM 2439 Undistributed Long-Term Capital Gain

$25

81

 FRM 2441 (revised) Child and Dependent Care Expenses

$30

82

 FRM 2555 Foreign Earned Income

$80

83

 FRM 2848 Power of Attorney

$40

84

 FRM 3115 Application for Change in Accounting Method

$100

85

 FRM 3468 Investment Credit

$100

86

 FRM 3800 General Business Credit Part I & II

$50

87

 FRM 3800 PG3 General Business Credit Part III

$25

88

 FRM 3903 Moving Expenses

$30

89

 FRM 4136 Credit for Federal Tax Paid on Fuels

$50

90

 FRM 4137 Soc Security & Medicare Tax on Unreported Tip Inc

$25

91

 FRM 4255 Recapture of Investment Credit

$25

92

 FRM 4361 Exemption for Ministers

$25

93

 FRM 4562 Depreciation and Amortization

$25

94

 FRM 4563 Exclusion of Income for Bona Fide Residents of American Samoa

$25

95

 FRM 4684 Casualties and Thefts

$25

96

 FRM 4797 Sales of Business Property

$78

97

 FRM 4835 Farm Rental Income and Expenses

$55

98

 FRM 4852 Substitute for Form W-2 or 1099-R

$25

99

 FRM 4868 Automatic Extension of Time to File

$30

100

 FRM 4952 Investment Interest Expense Deduction

$25

101

 FRM 4970 Tax on Accumulation Distribution of Trusts

$50

102

 FRM 4972 Tax on Lump-Sum Distributions

$50

103

 FRM 5329 Additional Taxes on Qualified Plans

$25

104

 FRM 5405 Repayment of the First-Time Homebuyer Credit

$20

105

 FRM 5695 Residential Energy Credits

$25

106

 FRM 5884 Work Opportunity Credit

$50

107

 FRM 5884A Disaster Area Credit for Employers

$20

108

 FRM 6198 At-Risk Limitations

$35

109

 FRM 6251 Alternative Minimum Tax

$40

110

 FRM 6252 Installment Sales Income

$50

111

 FRM 6478 Biofuel Producer Credit

$50

112

 FRM 6765 Credit for Increasing Research Activities

$50

113

 FRM 6781 Gains and Losses From Sec 1256 Contracts/Straddles

$50

114

 FRM 7202 (revised) Credits for Sick Leave and Family Leave for Certain Self-Employed Individuals

$50

114

 FRM 7203 (new) S Corporation Shareholder Stock and Debt Basis Limitations

$150

114

 FRM 8275 Disclosure Statement

$12

115

 FRM 8283 Noncash Charitable Contributions

$28

116

 FRM 8288-A Statement of Withholding on Dispositions By Foreign Persons of US Real Property Inter

$100

117

 FRM 8332 Release of Claim to Exemption for Child

$22

118

 FRM 8379 Injured Spouse Allocation

$55

119

 FRM 8396 Mortgage Interest Credit

$50

120

 BANK APP Bank Application for Financial Products

$15

120

 Form 8453-TE (new) Tax Exempt Entity Declaration and Signature for Electroni Filing

$10

120

 Form 8879-TE (new) IRS e-file Signature Authorization for a Tax Exempt Entity

$10

121

 FRM 8582 Passive Activity Loss Limitations

$25

122

 FRM 8582-CR Passive Activity Credit Limitations

$25

123

 FRM 8586 Low Income Housing Credit

$50

124

 FRM 8594 Asset Acquisition Statement Under Section 1060

$50

125

 FRM 8606 Nondeductible IRAs

$25

126

 FRM 8615 Tax for Certain Children Who Have Unearned Income

$25

127

 FRM 8689 Allocation of Individual Income Tax to the US Virgin Islands

$50

128

 FRM 8801 Credit for Prior Year Minimum Tax

$25

129

 FRM 8805 Foreign Partner’s Information Statement of Section 1446 Withholding Tax

$100

130

 SCH 8812 (Revised) Child Tax Credit

$30

131

 FRM 8814 Parents’ Election To Report Child’s Int & Div

$26

132

 FRM 8815 Exclusion of Interest From Series EE and I

$20

133

 FRM 8820 Orphan Drug Credit

$50

134

 FRM 8821 Tax Information Authorization

$20

135

 FRM 8822 Change of Address

$20

136

 FRM 8824 Like-Kind Exchanges

$100

137

 FRM 8826 Disabled Access Credit

$50

138

 FRM 8828 Recapture of Federal Mortgage

$50

139

 FRM 8829 Expenses for Business Use of Your Home

$30

140

 FRM 8830 Enhanced Oil Recovery Credit

$50

141

 FRM 8833 Treaty Based Return Position Disclosure

$100

142

 FRM 8834 Qualified Electric Vehicle Credit

$50

143

 FRM 8835 Renewable Electricity and Refined Fuel Production Credit

$50

144

 FRM 8839 Qualified Adoption Expenses

$38

145

 FRM 8843 Stmt for Exempt Individ.and Individ. With a Medical Condition

$50

146

 FRM 8844 Empowerment Zone Employment Credit

$100

147

 FRM 8845 Indian Employment Credit

$50

148

 FRM 8846 Cr for Employer Soc Sec & Medicare Taxes on Tips

$20

149

 FRM 8853 Archer MSAs and Long-Term Care Insurance Contracts

$25

150

 FRM 8857 Request for Innocent Spouse Relief

$50

151

 FRM 8859 District of Columbia First-Time Homebuyer Credit

$50

152

 FRM 8862 Information to Claim Certain Refundable Credits After Disallowance

$35

153

 FRM 8863PIII Education Credits Part III (American Opportunity & Lifetime Learning)

$25

154

 FRM 8863 Education Credits Part I & II (American Opportunity & Lifetime Learning)

$25

155

 EIC CKLIST Earned Income Credit Checklist

$10

156

 FRM 8867 Paid Preparer’s Due Diligence Checklist

$12

157

 FRM 8879 Form 8879/8453 eFiling Authorization

$15

158

 FRM 8880 Credit for Qualified Retirement Savings Contributions

$20

159

 FRM 8881 Credit for Small Employer Pension Plan Startup Costs

$50

160

 FRM 8885 Health Coverage Tax Credit

$25

161

 FRM 8889 Health Savings Account, HSA

$25

162

 FRM 8903 Domestic Production Activities Deduction

$20

163

 FRM 8910 Alternative Motor Vehicle Credit

$20

164

 FRM 8915B Qualified 2017 Disaster Retirement Plan Distrib/Repayments

$20

165

 FRM 8915E Qualified 2020 Disaster Retirement Plan Distrib

$20

166

 FRM 8917 Tuition and Fees Deduction

$22

167

 FRM 8919 Uncollected Social Security & Medicare Tax

$20

168

 FRM 8925 Report of Employer-Owned Life Insurance Contracts

$25

169

 FRM 8936 Qualified Plug-in Electric Drive Motor Vehicle Credit

$50

170

 FRM 8938 Statement of Specified Foreign Financial Assets

$50

171

 FRM 8941 Small Employer Health Insurance Premiums Credit

$50

172

 FRM 8948 Preparer Explanation for Not Filing Electronically

$12

173

 PAPER FILE Statement of Taxpayer’s Choice to File in Paper Format

$12

174

 FRM 8958 Allocation Between Certain Individuals in Community Property States

$25

175

 FRM 8959 Additional Medicare Tax

$10

176

 FRM 8960 Net Investment Income Tax

$15

177

 FRM 8962 (revised) Premium Tax Credit (PTC)

$25

178

 FRM 8994 Employer Credit for Paid Family and Medical Leave

$25

179

 FRM 8995 Qualified Business Income Deduction Simplified Computation

$20

180

 FRM 8995-A Qualified Business Income Deduction

$25

181

 FRM 9000 (new) Alternative Media Preference

$2

181

 FRM 9465 Installment Agreement Request

$50

182

 FRM 1040-ES Estimated Tax for Individuals

$20

183

 FRM EF-PMT Form PMT – EF Debit Payment Form

$10

184

 CAR & TRUCK Car and Truck Expense Worksheet

$11

185

 OFFICE Business Use of Home for Schedule E, F & 4835

$11

186

 HOME SALE Home Sale Worksheet

$11

187

 BUS ACT Q Business Activities Questionnaire

$11

188

 MINISTER Statement of Clergy Income

$11

189

 TFI WKST Ministerial Inc Wrksht 1 – Percent of Tax-Free Income

$11

190

 C WKST Ministerial Inc Wrksht 2 – Deductions for Sch C/C-EZ Expenses

$11

191

 SE WKST Ministerial Inc Wrksht 3 – Net SE Income for Schedule SE

$11

192

 OTHER NOTES Other Notes

$5

193

 PIN FORM

$5

194

 IRS ELECT Election Explanation

$20

195

 IRS NOTES Preparer’s Notes

$2

196

 IRS REGLTN Regulatory Explanation

$20

197

 Insolvency Insolvency Worksheet

$50

198

 1040 Data 1040 Data Entry Form

$5

199

 Sch C-Due D* Sch C – Due Diligence

$10
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