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Some accountants charge an annual fee for this service, and some roll it into the cost of year-round financial services. Hereâs how Absolutely Advanced Accounting handles pricing for different types of tax preparation situations: Simple tax prep (1040): $75â$100. Self-employed (Schedule C) tax prep: $150â$250.
Another consideration youâll need to consider when determining the answer to âHow much will my tax return be?â is the size of the accounting firm that will be helping you. Larger firms will generally charge more for tax preparation fees, and smaller firms less for the cost of tax preparation. One study showed that tax firms with a gross annual income less than $50,000 only charged $175 for their average tax preparation fee.