The Cost of Tax Preparation on Average

Looking for someone to help prepare your taxes? It’ll cost you – $246 on average. According to the National Society of Accountants, that’s the median expense for having your Form 1040, accompanied with a Schedule A and your state tax return, prepared for you by a tax professional. If you opt for the standard deduction and don’t want to itemize on a Schedule A, you’ll save just about $100, as the average cost for non-itemized deduction returns is $143.

The organization take a survey every other year to account for these figures, while the survey participants are generally owners, principals, and partners of tax companies with greater than 26 years of professional experience.

These figures are an average of different fees that vary depending on region, company and economic strength. Listed below are the average fees for each area of the United States as compiled by the National Society of Accountants. Having a professional prepare your Form 1040 with a Schedule A and a state tax return will set you back:

  • $237 in New England Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont)
  • $258 in the Middle Atlantic (New Jersey, New York and Pennsylvania)
  • $253 in the South Atlantic (Delaware, the District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia and West Virginia)
  • $279 in the East South Central (Alabama, Kentucky, Mississippi and Tennessee)
  • $226 in the West South Central (Arkansas, Louisiana, Oklahoma and Texas)
  • $225 in the East North Central (Illinois, Indiana, Michigan, Ohio and Wisconsin)
  • $196 in the West North Central (Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota)
  • $233 in the Mountain area (Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah and Wyoming)
  • $288 in the Pacific area (Alaska, California, Hawaii, Oregon and Washington)