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| *Loan,banking and credit>>>income tax |
How much does it cost to have someone like H & R Block file my income taxes on a 1040? |
How much does it cost to have someone like H & R Block file my income taxes on a 1040? It depends on the forms used. Call them for an estimate. Actually the report in the financial news about mistakes made by H&R block regarding there own taxes was the tax provision they put in there financial statements. I really hate having to defend H&R block (smile, I'm a competitor). The adjustments they had to make to the company financials statements is not that uncommon, it's just that they are in the tax business. Per the news report: The mistake? A $32 million understatement of the company's state income tax liability in its tax reporting for fiscal years 2004 and 2005. Source(s): ABC News Never used H&R Block, but I would think that they charge a basic fee, and then tack on additional fees for each additional form that they have to prepare, as each additional form adds additional complexity to the return. usually about $60 to $100. It's scaled and they don't offer a set overall price. You can get a free quote for them. Warning, H&R block, the company, was busted at least once for incorrectly filing their own taxes. I don't know how much they charge, but here's what I do know: Last year, they owed $30 million in back taxes. If they can't get their own taxes straight, why would anyone want to use their services? I work for H & R Block, I am a licensed tax preparer and we charge by every form we use and we start out at $49 for the short form and it goes up depending on how many forms you have and how many credits you will be recieving. Have fun doing your taxes And about what every one is saying here none of it is true they need to know the facts right before the state something they are not sure about. H & R block did not have to pay back taxes for their return it was for clients using the system that got the money for a settlement of back taxes that were ommited from the IRS and clients from the past 3 years got about $50 to $200 back. And it wasn't because of a mistake that we did it was because of the new laws that took place that coming year and all of these people QUALIFIED to recieve this extra income if you have any more question just ask me. |
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