Brad Smith CPA LLC

Prices effective March 11, 2023

You may also download a price sheet for the most common tax forms


Form Ref	Form Description
	Total $	145
Filing Status	Single Married Filing Jointly Married Filing Separate Head of Household Qualifying Widow(er) With Dependent Child
Filing Status	Form 1040	1040/1040-SR U.S. Individual Income Tax Return with standard deduction
1040-NR U.S. Nonresident Alien Income Tax Return	Form 1040
	Includes E-file, Schedules 1-6, and the first five of each of the following forms: W-2; 1099-R; 1099-INT.
	State	State Individual Income Tax Returns - Indiana (Schedule 1 Add-Backs is extra)
	All other states (enter number of state returns other than Indiana)
Schedule A	Schedule A - Itemized Deductions *Uncheck if you're certain you cannot itemize.*
Dependents	Check box if claiming dependents for tax credits (this will add Form 8867)
	- Enter number of dependent's tax returns you want prepared
Schedule B	Interest and Ordinary Dividends (*1099-INT, 1099-DIV*)
Form 8283	Noncash Charitable Contribution over $500 (Additional hourly charge if we perform valuation)
Form 8889	Taxpayer: Health savings account (*1099-SA*)
	Spouse: Health savings account (*1099-SA*)
NEC	Taxpayer: Check box if you received a *1099-NEC* for nonemployee compensation
	Spouse: Check box if you received a *1099-NEC* for nonemployee compensationt
	*Tax Credits*
Education	Education Credits (Form 8863) or Tuition and Fees Deduction (Form 8917). Provide *1098-T* (obtain from the school's student portal)
Schedule EIC	Earned Income Credit
Form 1116	Foreign Tax Credit - May not be required if combined foreign tax is < $300 ($600 MFJ);Enter the combined number of 1099-INT, 1099-DIV, 1099 Consolidate Broker Statements, and other sources of forign income that report the amount of foreign taxes paid. Our fee is for the cost of Form 1116 plus $5 per form and/or statement that reports foreign taxes paid during the tax year.
Form 1116-B	Foreign Tax Credit Carryover - Required if there are any foreign tax carryovers
Form 2441	Child and Dependent Care Expenses
Form 5695	Residential Energy Credit
	*Investments*
Broker	Consolidated Broker 1099 statements
	Enter the number of Consolidated Broker 1099 statements (the first 2 statements are free)
Schedule D	Capital Gains and Losses
Form 8949	Sales and Other Disposition of Capital Assets - Schedule D required
	For each 1099-B or 1099 Consolidated Broker Statement that includes form 1099-B: a) Enter the number of noncovered investments sold (not reported to the IRS) and each covered investment sold (reported to the IRS) that has a basis adjustment (such as restricted stock units or wash sale items) plus, b) the number of covered investments sold that are grouped by short and long-term net gain or loss for each individual broker statement. First 3 items are included; $4 per item over 3.
OOS	Out-Of-State Municipal Income reported as tax-exempt interest or dividends on 1099-Int, 1099-B, or 1099 Consolidated Broker Statement
	Enter the number of 1099-Int or 1099-DIV (may be reported on 1099 Consolidated Broker Statement) forms reporting tax-exempt income when the broker doesn't specify state issuer information. The charge is for the research required to break out in-state and out-of-state municipal income.
K-1 Inv	K-1 for Publicly Traded Partnerships (PTP) (Enter number of K-1s)
K-1 1041	1041 K-1 for Fiduciary (Enter number of K-1s)
REIT Income	Check box if reporting REIT income (including Section 199A dividends)
Form 5329	Additional Taxes on Retirement Distributions
Form 8606	Taxpayer: NonDeductible IRAs
	Spouse: NonDeductible IRAs
Form 8960	Net Investment Income Tax
	*Business Owners and Rentals*
Schedule C	Profit or Loss from Business (Enter number of businesses): Hourly charges may apply if accounting assistance is required to prepare Schedule-C. Non-employee compensation, reported on Form 1099-Misc or 1099-NEC, is reported on Schedule C. 1099-K "Merchant Card and Third Party Network Payments" also requires Schedule C. Include businesses with no expenses on the line below.
Schedule C-EZ	Profit from Business - Simple - Schedule SE required (Enter number of businesses): Schedule C-EZ was discontinued in 2019 but we still apply the same criteria for offering a discounted fee: Sole proprietor; cash basis; expenses < $5001; no inventory; net profit; no employees; no deduction for business use of home; no prior year passive activity losses; No depreciable or amortizable assets.
Schedule E	Rental Income (Enter number of rental properties)
Royalties	Royalty Income
Schedule F	Profit or Loss from Farming (Enter number of farm businesses)
K-1 1065	1065 K-1 for Partnerships - Excluding PTP (Enter number of K-1s)
K-1 1120	1120 K-1 for Sub-S Corporations (Enter number of K-1s)
Auto	Auto Used for Business - Use IRS standard mileage rate (enter number of autos)
	Auto Used for Business - Use actual cost (depreciation, gas, oil, maintenance, etc) (enter number of autos)
Form 4562	Depreciation and Amortization (Enter number of assets that are depreciated)
Form 4797	Sales of Business Property (Enter number of business properties sold)
Form 6252	Installment Sale Income - First Year (Enter number of 1st yr. properties sold on installment):
	Installment Sale Income - Subsequent Years (Enter number of all other properties sold on installment):
Form 8582	Passive Activity Loss Limitations
Form 8829	Taxpayer: Expenses for Business Use of Your Home (use simplified method )
	Spouse: Expenses for Business Use of Your Home (use simplified method )
SEP	Taxpayer: Maximum SEP contribution worksheet
	Spouse: Maximum SEP contribution worksheet
Schedule SE	Taxpayer: Self-employment tax
	Spouse: Self-employment tax
Form 8995	Qualified Business Income Deduction Simplified Computation
	For complex calculations add Form 8995-A at the bottom of this form.
	*Other*
Form 2210	Underpayment of Estimated Taxes
Form 6251	Alternative Minimum Tax
Other AMT	Forms other than Form 6251 with separate AMT Calculation (Enter number of forms)
Form 8615	Tax for Certain Children Who Have Unearned Income ("Kiddie Tax")
Form 8959	Taxpayer: Additional Medicare Tax
	Spouse: Additional Medicare Tax
Form 8962	Premium Tax Credit (for health insurance through the Marketplace)
Form 1099-Q	Payments from Qualified Education Programs
Form W-2G	Form W-2G Certain Gambling Winnings (enter number of W-2Gs)
Amended	Amended Return (1040X, IT40X, Other States X)
	Clients that filed the original return that needs amended with our firm only pays for amended return form 1040X, IT40X, or other states amended return form, and any new forms as a result of the amendment. There is no charge if the amended return is to correct an error we made. New clients pay the normal fee for preparing the return plus the charge for 1040X. Postage charges may apply.
	*Add Forms/Schedules*
	Enter Form Number or Schedule Letter(s) then press the enter key:
	Total $	145

Your actual cost may vary from the estimate. While preparing your tax return, additional tax items not listed in the estimate, may be required. Quantities may change too. Additional fees may apply if transactions or classifications listed on a form exceed a set threshold. For example, Form 8949's "Sale and Disposition of Assets" fee includes up to three listed transactions. Multiple forms may be necessary when required by the IRS. Additional hourly charges could also apply if tax records are not well organized. Bank fees of 4% apply when paying with a credit or debit card or online.

All fees are subject to change without notice.

Instructions

In the interest of full transparency, we are pleased to present our Estimated Tax Preparation Fee Calculator. In some cases, the calculator will automatically include items required by another tax form or schedule. This feature helps to improve the accuracy of the estimate. Some tax items are disabled because they are required by another tax form or schedule. For example, several business-related tax items are disabled until a quantity is entered in the field for Schedule C.

We suggest you use your most recent tax return filing as a starting point to be sure to include tax items you may otherwise miss. This is also a good way to see how our fees compare to tax preparers you used in the past. Be sure to adjust for changes in your tax situation.

At the bottom of the form is a button that will allow you to print the estimate. Printing the estimate opens a new window with just the tax items you selected. If you need to make changes, just return to the form.

Other Fees

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