Last Updated May 18th, 2022
The average cost of a tax prep for a partnership (form 1065) return is $759 in Los Angeles and ranges from $150 to $1,250. The actual cost will depend on the complexity of your partnership, appreciated property, special allocations, foreign partners, and needing schedule K preparation.
| Average cost | $759 |
| Typical range | $650-$1,000 |
| Cheapest price | $150 |
| Most Expensive price | $2,995 |
In this cost guide we will examine the cost of tax preparation for a Partnership Tax Return (1065) tax return and the following:
We reached out to 12 leading tax preparation companies in Los Angeles to learn more about what factors influence the price and cost of tax prep for a partnership (form 1065) return. See below cost summary:
| Tax Preparer | Cost | What is Included |
|---|---|---|
| Salazar Services – Income Tax Services LA | $150 | Partnership return (form 1065) $150 |
| Taxes Done Eze | $200 | Partnership return starts at $200. |
| Pinnacle Tax Services | $550 | $550 for Partnership returns. We will not charge you for the initial consultation. The actual price is based on the scope of work and we will be able to give you the exact price quotes once we have a consultation. We will also perform a full compliance check for your tax accounts to make sure you are in good standing with the IRS. |
| LFC Accounting | QuickBooks Certified Pro Advisor and Tax Specialist | $650 | Partnership $650 |
| GUIDO INCOME TAX SERVICES, INC | $685 | Partnership starting at $685 (varies if you have lots of depreciation or shareholder etc) |
| Max Tax Agency | Max Tax Agency Miami Tax Preparation | $750 | Partnership Return - $750-850 - usually in this range, could be cheaper if super simple or more expensive if complex |
| Santa Monica, CA Accounting Firm | Robert Ricco, Inc, An Accountancy Corp | $750 | $750 for partnership 1065 return. |
| BenArtikov.com | Tax and Accounting Services | $900 | Starts at $900 |
| Tax Plus | $1,000 | Partnership return (form 1065) - $1000 - $1200. Complex Partnership filings could be higher. |
| Tax Pro Plus | $1,150 | A partnership return starts at $1,150 |
| Tax Preparation & Accounting Services | Robert Hall & Associates | $1,199 | corporate returns (1120s or 1065) at $1199. |
| Alan Mehdiani, CPA, Tax Accountant | Los Angeles Accounting Firm | $1,250 | S Corp/Partnership with Revenue and Assets less than $250,000 $1250 base fee S Corp/Partnership with Revenue or Assets greater than $250,000 $1995 base fee S Corp/Partnership with Revenue greater than $5 million $2995 base fee S Corp/Partnership K-1 Preparation & C Corp Shareholder Reporting $50 per owner C Corporation Tax Return with Revenue less than $5 million $1995 base fee C Corporation Tax Return with Revenue greater than $5 million $2995 base fee Depreciation $25 per item |
Note that tax preparation pricing listed above can change.
Based on our research, the cheapest tax preparation costs $150 for a tax preparer to complete a partnership return.
The main factors that can impact partnership tax preparation pricing are generally those that cause the tax preparer to do additional work, such as appreciated property, high revenue, depreciated assets, foreign partners, Section 754 elections and special allocations