Income Tax Return Preparations for Individuals:
$80 flat fee for Federal Form 1040-EZ & State of New Jersey
$130 for Federal Form 1040 (or 1040-A) & State of New Jersey
- Both, Federal and New Jersey State Tax Returns for Individuals, or married couples, and with reasonable number of capital transactions.
$35 Federal Schedule A (Itemized Deductions), if needed
$50/each Additional state such as New York, or Pennsylvania
$75/each Federal Schedules C (business activities) and E (rental activities)
$40 ($25 when done together with parents' return)
- Both, Federal and State of New Jersey Tax Returns for dependents with investment income up to $1,900 (for Tax Year 2012):
E-filing is included in all quoted here prices for the Federal and State(s) returns.
Prices vary with returns complexities. Higher prices may apply to tax returns which are more complex and time-consuming than average/typical returns. Discounts may be given for returns less complex than average/typical.
Examples of items which require additional time during return preparation and could increase the fees are: (*) claiming home office expenses, (*) child care expenses, (*) business net operating losses calculations, (*) educational expenses, (*) large number of capital transactions, (*) large number of dividend and interest entries, (*) selling of home, (*) selling of business assets, (*) employee business expenses, (*) charitable donations of material goods over $500, (*) cancellation of debt income, (*) large number of depreciation worksheets, etc.
Business Returns and Resolving Tax Problems and Issues for small business entities and individuals, Tax Debt Reduction and other services: Fees depend on the complexities of the tax issues.