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According to the survey, the average cost to prepare an itemized Form 1040 with a Schedule A (for itemized deductions) and a state tax return is $246. The average rate for a return without itemized deductions is lower: $143.
Rates for non-itemized returns are also low -- the average cost to prepare a Form 1040 and state return without itemized deductions is only $143. Fee information was collected in a biennial survey of tax preparers conducted by NSA.ortunately, the National Society of Accountants (NSA) reports that hiring a tax return preparer is still an affordable option, costing an average of $246 to prepare an itemized Form 1040 with Schedule A and a state tax return.