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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.
In order to stop your confusion, you may want to have a company such as H & R Block do it for you. How much are income tax preparation fees? The cost of tax preparation fees can vary based on how much you make, whether or not you have to itemize, and the company you choose. It can also vary according to how many people you have living in your household and what city you live in. As you can see, there are a lot of factors involved. The cost to prepare the basic tax forms can cost as little as $25-$50. Tax returns with multiple deductions can cost $50-$100 while tax returns with itemization can cost $100-$350. In 2015, the National Society of Accountants surveyed stated that the average return was around $229.