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For those of us with more complex returns, hereâs 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).ax prep fees also vary regionally, so the above average arenât necessarily applicable depending on where you live. The lowest costs are in the âEast South Centralâ region (AL, KY, MS, TN) where a Form 1040 with a Schedule A and state return averages $137.
The average fee for a Form 1040 with Schedule A and a state tax return in the various sections of the U.S. are: 1  $237 in New England (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont).2  $258 in the Middle Atlantic (New Jersey, New York and Pennsylvania).ates for non-itemized returns are also low, as the average cost to prepare a Form 1040 and state return without itemized deductions being only $143. If a tax professional can catch even one deduction or credit a taxpayer would otherwise have missed, it can easily pay for the tax preparation fee.