Skip to main content

1040 Individual Tax Return Pricing

Estimating the cost of preparing your tax return

Our pricing is based on the overall complexity of your tax return. Because every taxpayer’s situation is unique, we cannot determine your exact preparation fee until we have reviewed and interpreted all of your tax documents. However, we can provide a general estimate using the fee ranges and examples outlined below.

Please take time to review the information on this page to ensure you are comfortable with our pricing structure before scheduling an appointment. A retainer will be collected when you book your appointment or when you submit your tax documents to us.

Typical fee ranges for returns we prepare

  • Simple returns (described in Examples 1, 2, 3 and 4 below) usually cost $700 - $1,200 to prepare.

  • Average returns (described in Examples 5 and 6 below) usually cost $1,200- $1,800 to prepare.

  • Complex returns (described in Examples 7, 8, 9 10 & 11 below) usually cost $1,800 - $3,000+ to prepare.

  • Tax returns with multiple rental properties, businesses, multiple states, foreign income or other complexities usually cost $3,000+ to prepare.

How our pricing works

Our fees are based on the complexity of your tax return. In general:

We charge a fixed fee for each tax form and worksheet required to prepare your return.

Certain items—such as stock sales or depreciation entries—may include a per‑item charge.

We charge $10 per income document, including:

  • W‑2
  • 1099‑R
  • Social Security statements
  • 1099‑INT
  • 1099‑DIV

Tax research is billed at $350 per hour, in addition to standard form‑based fees.

Receipt add‑up, organization, or accounting services are billed at $350 per hour, in addition to standard form‑based fees.

Situations that can impact the pricing of returns

Several factors can increase the complexity of your tax return and may affect your total preparation fees:

  • Local Income Taxes (PFA & SHS): If your income exceeds $125,000 (or $200,000 if married) and you reside in Metro or Multnomah County, you may be required to file and pay:

    • Multnomah County’s Preschool for All (PFA) tax
    • Metro’s Supportive Housing Services (SHS) tax
  • High‑Income Federal Taxes: If your income exceeds $200,000 (or $250,000 if married), you may owe additional federal taxes that require:

    • Form 8959 (Additional Medicare Tax)
    • Form 8960 (Net Investment Income Tax)
  • Dependents, Education, and Childcare: Claiming dependents or reporting college tuition, education credits, or childcare expenses requires additional forms. See Example 3 below.
  • Sales, Investments, and K‑1 Income: Reporting the sale of a home, sale of stock, or K‑1 income from a partnership, S corporation, trust, or estate requires additional forms. See Example 6 below.
  • Foreign Financial Accounts: If you hold more than $10,000 in foreign financial accounts, you must report these accounts. See Example 11 below.
  • Income From Another State: If you earned income in a state other than Oregon, additional state filings may be required. See Example 9 below.

Individual Tax Return Preparation Fees

Examples of how some tax returns can price out are as follows:

(Note: If you are viewing from your smart phone, turn screen sideways to see full pricing table below.)

Tax Return includes the following income and deductions
Forms Required
Total Average Price Charged
Example 1: 1040 Simple return with wage, retirement, interest or dividend income.
  • Income Types:,
    • W‑2 wages
    • Retirement income (1099‑R)
    • Social Security benefits
    • Interest income (1099‑INT)
    • Dividend income (1099‑DIV)
  • Dependents: None
  • Deductions: Standard deduction (not itemizing)
  • Jurisdictions: Federal + Oregon
  • Delivery: Electronic filing + PDF copy of return

Important Note About High‑Income Filers

If your gross income is above $125,000 (Single or Married Filing Separately) or $200,000 (Married Filing Jointly), your return will move into the high‑range pricing tier due to required filings for:

  • Metro Supportive Housing Services (SHS)
  • Preschool for All (PFA)

These local taxes add complexity and additional forms to your Oregon return.

We recommend you see our What to Bring page and review our Individual 1040 Tax Organizer to help you prepare for your tax interview.

Low: You have income only from wages.
1040, OR 40, one W-2

Average: You have income from retirement, wages, interest or dividends.  Interest and dividends are under $1,500.  Please add $10 for each income statement that you have.

High: your return will push into the high range if your interest/dividend income is more than $1,500, you have several W-2s, 1099Rs, 1099 INTs or 1099 DIVs, or if you have certain types of income or deductions that require additional forms on your Oregon return.   If you have other sources of income, you should look to examples on this page for these types of income.

 

 

Low $700 to $800

 

Average $800 to $1,000


 

High $1,000+

 

 

Example 2: 1040 Simple Return with Dependents, EIC, ACTC, and CDCC
  • Income Type: W‑2 wages only
  • Dependents: Yes
  • Credits Included:
    • Earned Income Credit (EIC) — income must be under $68,675 to qualify
    • Additional Child Tax Credit (ACTC)
    • Child and Dependent Care Credit (CDCC) for childcare expenses
  • Deductions: Standard deduction (not itemizing)
  • Jurisdictions: Federal + Oregon
  • Delivery: Electronic filing + PDF copy of return

We recommend you see our What to Bring page and review our Individual 1040 Tax Organizer to help you prepare for your tax interview.

1040, W-2 x 2, 8812, EIC, 8867, Form 40, 2441  $875 - $1,200
Example 3: Simple return with dependents or college education expenses
  • Income Type: W‑2 wages only
  • Dependents: May or may not have dependents
  • Education Credits: Lifetime Learning Credit or American Opportunity Credit (depending on situation)
  • Credits Not Included: No Earned Income Credit (EIC)
  • Deductions: Standard deduction (not itemizing)
  • Jurisdictions: Federal + Oregon
  • Delivery: Electronic filing + PDF copy of return

We recommend you see our What to Bring page and review our Individual 1040 Tax Organizer to help you prepare for your tax interview.

Low

  • Single,
  • Have no dependents, and
  • Have college expenses that qualify for the Lifetime Learning Credit.

Average

  • You have dependents, or
  • You file as Head of Household, or
  • You qualify for the American Opportunity Credit.

High

  • You have other types of income, or
  • Multiple students qualify for education credits, or
  • You are itemizing deductions.

 

 

Low $900 to $1,000 

 

 

 

Average $1,000 to $1,300

 

 

 

 

High $1,300+

Example 4:  1040 itemized deductions
  • Income Types:
    • W‑2 wages
    • Pension income (1099‑R)
    • Social Security benefits
    • Interest income (1099‑INT) under $1,500
    • Dividend income (1099‑DIV) under $1,500
  • Deductions: Itemized deductions (Schedule A)
  • Jurisdictions: Federal + Oregon
  • Delivery: Electronic filing + PDF copy of return

Out-of-state returns
We prepare returns for other states. You should request an appointment with an experienced preparer if you had income from a state other than Oregon. Out-of-state returns range in price from $150- $350 each depending on the complexity of the state.

We recommend you see our What to Bring page and review our Individual 1040 Tax Organizer to help you prepare for your tax interview.


Home Sale: Did you sell your home during the year?

  • Home sales are generally reported on Schedule D and Form 8949.
  • If you owned and lived in the home for 2 of the past 5 years, the gain may be excluded, but the sale must still be reported.
  • Refer to Example 6 for pricing that includes Schedule D and Form 8949.

Was your home used as a rental property?

  • Selling a home that was previously rented creates a more complex tax situation.
  • Fees are typically higher than for a simple main‑home sale.
  • If the home was rented during the year, see Example 6 for rental property pricing.

If you would like a more precise price estimate, follow the instructions on our price estimate request page.

Low: Your income is from wages only, and

  • Your gross income is below:
    • $125,000 (Single or Married Filing Separately)
    • $200,000 (Married Filing Jointly)

Average:

  • Dependents, and
  • Income from:
    • W‑2 wages
    • Pension income (1099‑R)
    • Social Security benefits (SSA)
    • Interest income (1099‑INT) under $1,500
    • Dividend income (1099‑DIV) under $1,500

High:

  • Your gross income exceeds:
    • $125,000 (Single or Married Filing Separately)
    • $200,000 (Married Filing Jointly or Head of Household)
  • OR you have additional income types or deductions not listed above.

See Example 11 if you have income from a state other than Oregon

Low $1,000

 

 


 

 

 

Average $1,000 to $1,200

 

 

 

 

 


 

High $1,200+

Example 5: Stock Sales, Investment Income, or K‑1 Reporting

This example builds on the same facts as the Low tier (wages + simple stock sales), with additional investment‑related income or pass‑through income.

Possible income sources include:

  • W‑2 wages
  • Stock sales (Form 1099‑B)
  • Dividend income (1099‑DIV)
  • Interest income (1099‑INT)
  • Capital gain distributions
  • K‑1 income from:
    • S‑Corporations (1120‑S)
    • Partnerships (1065)
    • Trusts or Estates (1041)

Jurisdictions: Federal + Oregon
Delivery: Electronic filing + PDF copy of return

Additional Forms Triggered by Investment or K‑1 Income

If you received a K‑1, the following applies:

  • Schedule E, Page 2 must be completed
  • Additional forms may be required depending on the income, deductions, and credits reported
  • Typical added cost: $150–$300 per K‑1

Foreign Investment or Financial Accounts

If you have foreign accounts or investments subject to FATCA or FBAR reporting:

  • Additional forms may be required
  • Typical added cost: $150–$400

Preparing for your interview - We recommend you see our What to Bring page  and review the following tax organizers to help you prepare for your tax interview:

 

Low:

  • Your return includes only wages and simple stock sales
  • No dependents
  • No itemized deductions
  • No K‑1s or foreign reporting requirements

Average:

  • You have a significant investment portfolio
  • You have multiple brokerage accounts
  • You are itemizing deductions
  • You are claiming dependents
  • You have a moderate volume of stock sales

High:

  • You have large numbers of stock sales
  • You have K‑1 income from S‑corps, partnerships, trusts, or estates
  • You have foreign income or foreign account reporting
  • You have multiple complex income types affecting the return

 

Low $1,000 to $1,200

 

 

 

Average $1,200 to $1,800

 

 

 

High $1,800- $3,000+

 

 

Example 6: Rental property
  • Base price for a single rental property: Starts at $1,200
  • Itemized deductions or additional income sources (investment income, retirement income, etc.) will increase the fee
  • Jurisdictions: Federal + Oregon
  • Delivery: Electronic filing + PDF copy of return

If you own more than one rental property:

  • Each additional rental property adds approximately $400 to the preparation fee
  • Additional properties increase complexity due to depreciation schedules, passive activity rules, and multi‑state reporting (if applicable)

Preparing for your interview - We recommend you see our What to Bring page  and review the following tax organizers to help you prepare for your tax interview:

Low: 

  • You have one rental property, and
  • Your rental property is not located inside the City of Portland (Portland rental filings add complexity)

Average:

  • You itemize deductions, or
  • You have dependents, or
  • You have other forms of income (such as investment income), or
  • You have more than one rental property, or
  • You own rental property in another state

High:

  • You have multiple rental properties, or
  • You have self‑employment income, or
  • You have foreign income, K‑1s, or other complex items affecting the return

Low $1,200

 


 

 

Average $1,400 to $2,000

 

 

 

 

 

 

High $2,000 - $3,000+

Example 7: Self Employment/Business Income

Price varies based on:

  • Complexity of the business
  • Number of forms and schedules required
  • Whether bookkeeping cleanup is needed
  • Whether depreciation schedules must be prepared
  • Whether additional jurisdictions must be filed
  • Time spent following up for documents

Jurisdictions: Federal + Oregon
Delivery: Electronic filing + PDF copy of return

If you performed services or operated your business in any of the following areas, additional local returns must be filed:

  • Tri‑County Transportation District
  • Lane County Transportation District
  • City of Portland Business License Tax
  • Multnomah County Business Income Tax

These filings add complexity and may increase the preparation fee.

Preparing for your interview - We recommend you see our What to Bring page  and review the following tax organizers to help you prepare for your tax interview:

Simple Schedule C:

  • Self‑employment income is your primary source of income, and
  • You do not have additional complexities such as dependents, itemized deductions, multiple businesses, or rental properties

Average Schedule C:

  • You have several depreciable assets, or
  • You require bookkeeping cleanup before the return can be prepared, or
  • Your business has moderate complexity (multiple expense categories, contractors, mileage logs, etc.)

High Schedule C:

  • You have multiple Schedule C businesses, or
  • You have rental properties in addition to business income, or
  • You have investment income, foreign reporting, or other complex items affecting the return

Low $1,800-$2,500

 

 

 

 

 

Average: $2,500- $3,500
 

 

 

 

 

 

High: $3,500+

Example 8: Amended tax return

Our fee for preparing an amended return depends on whether we prepared the original return and the complexity of the corrections required. Amended returns vary widely, and pricing reflects the additional schedules, reconciliation, and review work involved.

Pricing is generally similar to what we would have charged to prepare the original return, plus the additional forms required for the amendment.

Preparing for your interview - We recommend you see our What to Bring page and review our Individual 1040 Tax Organizer to help you prepare for your tax interview.  In addition, bring a copy of the original return, and copies of any IRS or State letters pertaining to the tax year in question.

If we prepared the original return but you did not provide complete or accurate information, we charge for the additional forms and schedules required to correct the return.

Common situations include:

  • Missing income documents (W‑2, 1099, brokerage statements)
  • Late‑received tax forms
  • Incorrect or incomplete deductions
  • Additional schedules required after the fact

If another firm or software prepared the original return, our fee for amending will depend on:

  • The complexity of the original return
  • The number of schedules involved
  • Whether business income, rentals, K‑1s, or multi‑state filings are present
  • Additional forms required for the amendment

We prepared the original return but you failed to provide all relevant information: $600-$1,000+

We did NOT prepare the original return: $1,000 - $2,000+

Example 9: Out-of-State Returns

If you earned income in more than one state, you may be required to file multi‑state tax returns. Because these filings involve residency rules, income allocation, and differing state tax laws, we consider multi‑state returns to be complex. We recommend scheduling with an experienced preparer.

Fees for state returns are billed in addition to the federal return fees and examples listed previously.

If you are itemizing on your state return, please add $142 for preparation of the state Schedule A.

Preparing for your interview - We recommend you see our What to Bring page  and review  our Individual 1040 Tax Organizer to help you prepare for your tax interview. In addition, bring copies of your prior-year State and Federal returns.

We prepare returns for all states, as well as U.S. territories.

We also have experience preparing returns for CNMI, Guam, and other U.S. territories. For Puerto Rico, we recommend working with an EA located in Puerto Rico, as the SURI filing system is Spanish‑language only and can be difficult for non‑Spanish speakers to navigate.

Oregon: $332

State Sch A: $142

AR, AZ, CO, CT, DE, GA, HI, IL, NE, PA, SC, & UT: $146 per state

CA, VA, MA, MD, NJ, & NY: $350 per state

All other states: $133

State city/county returns: $70

Example 10: Nonresident Returns (1040NR)

Dual‑status residents and U.S. nonresidents with U.S.‑source income may be required to file Form 1040‑NR. In some situations, a nonresident may elect to file Form 1040 instead. Because these filings involve unique rules, treaty considerations, and residency determinations, we recommend scheduling with a staff member experienced in nonresident taxation.

Preparing for Your Interview

To ensure an efficient and accurate appointment, please bring:

  • Your passport and Visa
  • Copies of your prior‑year federal and state tax returns (if previously filed in the U.S.)
  • All current‑year income documents (W‑2, 1042‑S, 1099, etc.)
  • Items listed on our What to Bring page

These documents help us determine your residency status, treaty eligibility, and correct filing requirements.

Low Complexity

  • One U.S. income source
  • No treaty positions
  • No dependents
  • No state return

Average Complexity

  • Multiple income documents
  • One treaty position
  • State filing required
  • Standard deductions and credits for nonresidents

High Complexity

  • Multiple treaty positions
  • Business income, rental income, or K‑1s
  • Capital gains with basis reconstruction
  • Multi‑state filings
  • Foreign income or foreign tax credit

Low $1,000

Average: $1,000 - $1,500

High: $1,500 - $2,000+

Example 11: Foreign income

You may have foreign income if any of the following apply:

  • You received payment for services performed in a foreign country
  • You earned income from foreign rental properties or foreign businesses
  • You received investment income such as foreign interest or dividends

U.S. taxpayers are required to report worldwide income. You may be eligible to reduce or offset foreign income through the Foreign Earned Income Exclusion, the Foreign Tax Credit, or certain travel‑related deductions. If these benefits do not apply, we will help you determine the most accurate and tax‑efficient reporting method.

Pricing for returns that include foreign income follows the structure below and reflects the additional forms, schedules, and reporting requirements associated with foreign income.

Offshore Stream-Lined Filing Compliance Procedures

We also prepare specialized filings for expatriates and individuals who are out of tax‑filing compliance and wish to come into compliance using the IRS Offshore Streamlined Filing Compliance Procedures. These filings involve multi‑year amended returns, FBAR filings, FATCA reporting, and non‑willfulness certification.

Preparing for your interview - We recommend see our What to Bring page and review the following organizers to help you prepare for your tax interview:

Low:

  • Form 1040
  • Schedule 1
  • Form 2555 (Foreign Earned Income Exclusion)
  • Income from a single foreign employer
  • No state return

Average:

  • Reporting foreign investment income (interest, dividends)
  • Multiple income types and deductions
  • FATCA/FBAR filing requirements
  • One or more foreign financial accounts

High: 

  • Multiple types of foreign income (investment, capital gains, rental, business)
  • Foreign partnership income
  • Foreign pension reporting
  • Ownership in a foreign corporation (see Example 12)
  • Multi‑country income or advanced foreign tax credit calculations

 

Low $1,000

Average: $1,500-$2,000

High: $2,500- $3,000+

Specialized situations like offshore streamlined compliance procedures or controlling interest of foreign corporations run $5,000 - $12,000+

Example 12: Specialized International Compliance Services

Certain international tax matters require extensive analysis, multi‑year filings, and detailed documentation. Our pricing reflects the level of expertise, coordination, and care required to prepare accurate and defensible filings.

Streamlined filings are designed for taxpayers who need to correct multiple years of foreign reporting.

This service involves significant review, multi‑year corrections, and preparation of all required foreign reporting forms.

Form 5471 is one of the most complex filings in the U.S. tax system and requires detailed financial and ownership reporting. 

Pricing is per entity and reflects the depth of analysis and documentation required.

Preparing for your interview - We recommend see our What to Bring page and review the following organizers to help you prepare for your tax interview:

Offshore Streamlined Compliance Procedures may include:

  • 3 years of amended federal returns
  • 6 years of FBAR filings
  • FATCA reporting (Form 8938)
  • Non‑willfulness certification
  • Foreign asset documentation and reconciliation

Controlling Interest in a Foreign Corporation (Form 5471) preparation may include:

  • Balance sheet and income statement reconstruction
  • Earnings & Profits (E&P) calculations
  • Subpart F and GILTI analysis
  • Basis tracking
  • Multi‑jurisdiction coordination

Offshore Streamlined Compliance Procedures:
$6,000 – $12,000

 

 

 

Controlling Interest in a Foreign Corporation (Form 5471):
$5,000 – $10,000+ per entity

Partnerships, LLCs, Corporations, S-Corporations, Estates & Trusts

Fees for preparing corporate and partnership returns vary, according to the complexity of the tax return. Please see our Business & Entity Return Pricing page for information on how we price these types of returns.

Oregon Laws Governing Pricing Disclosure

Oregon Licensing Laws governing advertising and pricing state:

"No licensee shall give or offer to give a discount unless:

  • The discount is based upon a conspicuously posted basic fee schedule at the licensee's place of business; and

  • The fees on the posted basic fee schedule are the usual and customary charges of the business; and

  • The posted basic fee schedule is made available to the general public."

The purpose of this rule is to ensure income tax services who advertise discounts to attract customers fairly and openly disclose their pricing. 

In accordance with these laws, Pacific Northwest Tax Service makes every effort to openly and fairly disclose our pricing. We believe it is the responsibility of all licensed tax professionals to adhere to the Code of Conduct set forth by the Oregon Board of Tax Service Examiners. Tax Board's rules governing the conduct for tax professionals in Oregon.

Oregon law requires tax preparers who offer discounts or coupons to post their price schedule. Ask to see your preparer's price schedule to ensure you are being fairly charged.