(405) 217-0120

Norman, OK

What tax preparation costs in Norman

Typical prices for personal returns, small business returns and IRS letters in the Norman area, and what moves each one.

Most people have no idea what a tax return should cost until the bill shows up. This page lays out the going rates around Norman so you can budget before you call anyone. Norman Tax Consulting quotes every job in writing after looking at last year's return.

Typical tax preparation prices

ServiceTypical price
Personal return (Form 1040 plus Oklahoma 511)$137 to $454
Schedule C add on (1099 or side business income)add $123 to $135
S corp or partnership return (1120S or 1065 plus Oklahoma)$625 to $1,125
Full IRS case (unfiled years, payment plan, penalties)from $2,500

What moves each price

Personal return (Form 1040 plus Oklahoma 511), $137 to $454

The Norman average runs near $242. A CPA prepared 1040 averages about $280 nationally. W2 income and the standard deduction land at the low end; itemizing, investments and several states push it up.

Schedule C add on (1099 or side business income), add $123 to $135

Added to the personal return when you have 1099 or side business income. Clean books keep it at the low end. A shoebox of receipts adds bookkeeping time.

S corp or partnership return (1120S or 1065 plus Oklahoma), $625 to $1,125

Covers the federal return, the Oklahoma 512S or 514, and the owner K1s. Payroll, several owners, equipment bought during the year and catch up bookkeeping move it up.

Full IRS case (unfiled years, payment plan, penalties), from $2,500

This is the price for a full case: several unfiled years, a payment plan and penalty relief requests handled together. Answering one letter with documents is a much smaller job and is quoted on its own, in writing, after we read the letter.

How we put a quote together

  1. We look at last year's federal and Oklahoma returns, or ask what changed if you are new.
  2. We count the schedules and states, and ask how clean the records are.
  3. You get one number in writing for the whole return, including the Oklahoma return.
  4. If something new turns up while we work, like a rental you forgot to mention, we tell you the change before doing it.

Ways to keep your bill down

  • Send everything at once, after the corrected brokerage 1099s arrive in March.
  • Keep business money in its own bank account so no one has to sort personal charges out of it.
  • Total your rental income and expenses per property before you send them.
  • Bring last year's return, even if someone else prepared it. Depreciation and carryforwards live there.

Where these numbers come from

The Norman range for personal returns comes from the Norman tax preparer listings on Thumbtack, where the average quote is about $242. The CPA average of about $280 for a 1040 and the $123 to $135 Schedule C add on come from the National Association of Tax Professionals 2025 fee study, as reported by Accounting Today. The S corp and partnership range comes from the same local listings. Before you hire anyone, the IRS guide on choosing a tax professional explains which credentials let a preparer represent you.

For more on what each service covers, see personal tax preparation, small business tax and IRS letter help.

Cost questions

How much does a CPA charge to do taxes in Norman?

A CPA prepared personal return averages about $280 nationally, and Norman area returns run $137 to $454. Business returns run $625 to $1,125.

Why do some places quote a low price and then charge more?

Many charge per form, so the price grows with every schedule added at the end. We look at last year's return first and quote the whole job in writing.

Is the tax prep fee deductible?

For a business, the part of the fee for the business return or Schedule C is a business expense. For a personal return it is not deductible on the federal side under current law.

Do you charge for a phone call about a letter?

The first look at a letter is part of the quote. You hear what it means and what answering it costs before you pay anything.

Get a quote