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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.
Tax Preparation Fees For 2014. Taxpayers looking to hire a professional to complete their 2013 tax return can expect to pay an average of $261 for an itemized Form 1040 with Schedule A and a state tax return, according to the National Society of Accountants (NSA).If a professional tax preparer can catch even one deduction or credit you may have missed, that can easily pay for the fee,â he notes. Fees for non-itemized returns are also low â the average cost to prepare a Form 1040 and state return without itemized deductions is only $152.