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1040 Individual Tax Return Pricing

Our fees are based on the complexity of your tax return. We have a posted fee schedule readily available to the public at all of our offices. In general, we:

  • charge a fixed price for each tax form and worksheet used in the preparation of your tax return
  • may apply a per-item charge for certain items, like stock sales and depreciation
  • do not charge for line-items, such as interest income or unemployment

Examples of our fees for common types of returns are shown below. We can provide a more precise estimate if we know more about your tax situation.

Individual Tax Return Preparation Fees

Our fees are generally form-based. For example, if your tax return includes Form 1040, Schedule A, and Oregon Form 40, we would charge a fixed price for each of these forms. 

For the 2018 filing season, our fee for Form 1040 is $226, Schedule A is $62, and Oregon 40 is $71, adding up to a total preparation fee of $359. Our average fee charged for the 2017 season was about $450 - $500.

Below is a table, outlining some of the most common tax return situations and our fees for preparing forms associated with these returns.  If you would like a more precise estimate of what we will charge for your return, you can submit a price estimate request to us. 

Tax Return includes the following
income and deductions
Forms Required Total Average Price Charged

Example 1: 1040EZ Short Form
W2 Income only, no dependents. Federal and Oregon State. Electronic filing.

See our What to Bring page, to help you prepare for your tax interview.

1040EZ, Oregon 40 $183

Example 2: 1040A Short Form with wage, retirement, interest or dividend income.
Not itemizing deductions and income is under $100,000. W-2, 1099R, Social Security, 1099-INT or 1099-DIV income only.

If interest or dividend income is greater than $1,500, Schedule B is required and ads $23 to the cost.

Oregon allows special deductions and credits in certain situations.  If you are eligible for these, we may need to prepare Schedule ASC which costs $24.  If additional worksheets are required, these are $12 each.

See our What to Bring page, to help you prepare for your tax interview.

1040A OR 40

Sch B (Interest/Dividends over $1,500)

Sch ASC, OR worksheets

$240

$263

 

$263-$310

Example 3: 1040A Short Form with dependents & EIC
W2 income only. No childcare expense.

See our What to Bring page, to help you prepare for your tax interview.

1040A, 8812, EIC, 8867, Form 40 $343

Example 4: 1040A Short Form with dependents & college education expenses
W2 income only. Federal and Oregon state. No EIC.

See our What to Bring page, to help you prepare for your tax interview.

1040A, 8863, 8867, Oregon 40.

 

$340

Example 5: Long Form 1040, itemized deductions with dependents
Income is from wages, unemployment, pension, social security, interest and dividend income less than $1,500.

Out-of-state returns
We prepare returns for other states. You should request an appointment with an experienced preparer if you had income from a state other than Oregon. Out-of-state returns range in price from $74 - $200 each depending on the complexity of the state.

We recommend you see our What to Bring page and review our Individual 1040 Tax Organizer to help you prepare for your tax interview.


Home Sale: Did you sell your home during the year?

If you sold your home, the sale must generally be reported on Schedule D and Forms 8949.  If you owned and occupied the home as your main home for 2 of the past 5 years, the sale may not be taxable, however it must still be reported on Schedule D.  Refer to Example 6 below for an estimate of what we charge to prepare a return that includes Schedule D and 8949.


Was your home used as a rental property in the current or a prior year?

You have a more complex tax situation if you sold a home that you previously rented out and our preparation fee will likely be higher than it is for a straight sale of your main home.  If the home was rented during the current year, you should refer to Example 7 to see what we charge for preparing a rental property return. 


If you would like a more precise price estimate, follow the instructions on our price estimate request page.

1040, Sch A, Oregon Form 40

See Example 11  if you have income from a state other than Oregon

$410

Example 6: Stock and Investment income
All facts the same as example 5, except there is additional income reported for stock sales. Schedule D is $40. Then add $5 for each 8949 required and $3 for each sale reported. This example assumes 5 long-term and 5 short-term sales, to arrive at a price of $394. 

Alternative minimum tax and NIIT
If you are a higher income taxpayer ($200,000 and up), additional forms will be required if you must pay alternative minimum tax or the net investment income tax. These forms can add $45 - $120 to the bill.

Foreign investment or financial accounts
Investment accounts that fall under FATCA and/or FBAR filing requirements can trigger additional forms, and typically add $70 - $200 to the preparation fees.

Preparing for your interview - We recommend you see our What to Bring page  and review the following tax organizers to help you prepare for your tax interview:

1040, Sch A, Sch D, 2 x 8949, Oregon Form 40

Low $446

Average $500-$700

High $700-$1,200

 

 

Example 7: Rental property
Same facts as for example 5; in addition to itemized deductions, there is also income from a single rental property. Depreciation schedule shows 5 assets at $3 each. 

More than one rental property
Each additional rental property will add approximately $100 to the bill. 

Preparing for your interview - We recommend you see our What to Bring page  and review the following tax organizers to help you prepare for your tax interview:

1040, Sch A, Sch E, 4562, Oregon Form 40

Low $509
Average $600 - $800
High $800 - $1,500

Example 8: Self Employment/Business Income
Long Form 1040 reporting income from Self-Employment. Price will vary according to complexity of the business return and other forms and schedules that are a part of the tax return. Please complete our Price Estimate Worksheet and contact our offices for a more detailed price estimate.

Preparing for your interview - We recommend you see our What to Bring page  and review the following tax organizers to help you prepare for your tax interview:

1040, Schedule C, Oregon Form 40 Low $313
Average $600 - $800
High $800 - $1,300

Example 9: Amended tax return
Our fee for preparing an amended return depends upon whether we prepared the original return and why the amendment is needed. 

  • If we made an error, we amend at no charge. 
  • If we prepared the return, but you failed to provide us with complete and accurate information, then we charge for additional forms needed to prepare the corrected return.  The minimum charge is typically about $300.
  • If we did not prepare the original return, then the fees for amending will depend on the complexity of the return and what forms we need to complete.  Pricing will be similar to what we would have charged to prepare the original return, plus additional forms required for the amendment.

Preparing for your interview - We recommend see our What to Bring page and review our Individual 1040 Tax Organizer to help you prepare for your tax interview.  In addition, bring a copy of the original return, and copies of any IRS or State letters pertaining to the tax year in question.

1040X, Oregon 40X

Additional forms required for the amendment

Our error: $0

We prepared the original return but you failed to provide all relevant information: $300 and up .

We did NOT prepare the original return: $300 - $700

Example 10: Out-of-State Returns
Multi-state tax returns are required when you have income from more than one state.  We consider multi-state tax returns to be complex so you should request an appointment with an experienced preparer.

Preparing for your interview - We recommend you see our What to Bring page  and review  our Individual 1040 Tax Organizer to help you prepare for your tax interview. In addition, bring copies of your prior-year State and Federal returns.

We prepare returns for all states.

We also prepare returns for Puerto Rico, CNMI, Guam, and other U.S. territories

Oregon: $71

AZ, MT, HI & ID: $78 per state

NY, CA, NJ & PA: $200 per state.

All other states: $122

Example 11: Nonresident Returns (1040NR)
Dual status residents and U.S. nonresidents with U.S. source income may be required to file Form 1040NR. In certain situations a nonresident may choose to file Form 1040.  You should request an appointment with a person on our staff who is experienced with nonresident returns.

Preparing for your interview - We recommend you bring your passport and Visa to your tax interview.  Also bring copies of your prior-year State and Federal returns (if you have previously filed here in the U.S.).  Please see our What to Bring page, to help you prepare for your tax interview.

1040NR

Low: $232 - $350

Average: $350 - $450

High: $450 - $1,000

Example 12: Foreign income
You have foreign income if:

  • You received payment for services performed in a foreign country
  • You have income from foreign rental properties or businesses
  • You have investment income such as interest or dividends from a foreign country.

You are required to report your worldwide income, however, you may be eligible to offset foreign income by claiming the Foreign Earned Income Exclusion or the Foreign Tax Credit.  If you are not eligible for these benefits, you may still be able to claim certain travel expenses.

Pricing for tax returns that report foreign income is described in earlier examples, but pricing will reflect charges for additional forms relating to the foreign income.

Offshore Stream-Lined Filing Compliance Procedures
We are also experienced with preparing specialized returns for expatriates and individuals who are out of tax filing compliance and wish to come into compliance using the IRS Offshore Stream-Lined Filing Compliance Procedures.

Preparing for your interview - We recommend see our What to Bring page and review the following organizers to help you prepare for your tax interview:

Form 2555

Form 1116

FATCA Form 8938

FBAR- FinCEN Form 114

Low: $350

Average: $400-$800

High: $800-$1,500

 

Specialized situations like offshore streamlined compliance procedures run $3,000 - $5,000.

Partnerships, LLCs, Corporations, S-Corporations, Estates & Trusts

Fees for preparing corporate and partnership returns vary, according to the complexity of the tax return. Please see our Business & Entity Return Pricing page for information on how we price these types of returns.

Oregon Laws Governing Pricing Disclosure

Oregon Licensing Laws governing advertising and pricing state:

"No licensee shall give or offer to give a discount unless:

  • The discount is based upon a conspicuously posted basic fee schedule at the licensee's place of business; and

  • The fees on the posted basic fee schedule are the usual and customary charges of the business; and

  • The posted basic fee schedule is made available to the general public."

The purpose of this rule is to ensure income tax services who advertise discounts to attract customers fairly and openly disclose their pricing. 

In accordance with these laws, Pacific Northwest Tax Service makes every effort to openly and fairly disclose our pricing. We believe it is the responsibility of all licensed tax professionals to adhere to the Code of Conduct set forth by the Oregon Board of Tax Service Examiners. Tax Board's rules governing the conduct for tax professionals in Oregon.

Oregon law requires tax preparers who offer discounts or coupons to post their price schedule. Ask to see your preparer's price schedule to ensure you are being fairly charged.