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    • Home
    • About
      • Why Our Clients Trust Us
      • Satisfaction Guarantee
      • Client Reviews
    • Pricing
    • Tax Organizers
      • Tax Organizer
      • Sch C Self-Employment
      • Sch E Rental Income
      • Due Diligence
    • Small Business
      • Tax Preparation
      • Entity Selection
      • Self-Employment Planning
    • Secure File Portal
    • Contact
  • Home
  • About
    • Why Our Clients Trust Us
    • Satisfaction Guarantee
    • Client Reviews
  • Pricing
  • Tax Organizers
    • Tax Organizer
    • Sch C Self-Employment
    • Sch E Rental Income
    • Due Diligence
  • Small Business
    • Tax Preparation
    • Entity Selection
    • Self-Employment Planning
  • Secure File Portal
  • Contact

Maryland Tax Service, Inc.

Maryland Tax Service, Inc.Maryland Tax Service, Inc.Maryland Tax Service, Inc.

Individual and Small Business Tax Preparation

Individual and Small Business Tax PreparationIndividual and Small Business Tax PreparationIndividual and Small Business Tax PreparationIndividual and Small Business Tax Preparation

We Provide CPA Oversight of All Tax Preparation

1. We offer drop-off, virtual, and limited in-person tax preparation


2. We provide honest and transparent pricing with no hidden fees


3. Free basic tax planning is available for current tax clients (see below)


 4. All tax returns include our 100% Satisfaction Guarantee 

Contact Us

Tax Preparation Pricing

Pricing below is an estimate and is based on the typical time to complete the more common tax forms. Your final fee will be based on complexity and may be more or less than the amounts shown below.

50% Deposit and Final Payment

Please note:

  • We require a 50% deposit for any work where we estimate your final bill to be $500 or more.
  • Final payment is due upon delivery of work (e.g. when we send your tax return or provide services you have engaged us to provide).

Form 1040 with One State

$200 - $300

Basic tax preparation includes:

  • Income documents: Forms W-2, 1099-R, SSA-1099, 1099-G
  • Standard Deduction and non-Itemized deductions
  • Child Tax Credit & Dependent Care Tax Credit
  • Free Basic Tax Planning and Questions (see below)
  • Add additional Forms, Schedules, and Credits below to complete your filing


All Clients, please complete our annual Tax Organizer

Tax Preparation for Dependents

$30

  • Flat rate for dependent tax return preparation
  • Add $50 for returns requiring the Kiddie Tax
  • Regular Self-Employment rates may apply for returns requiring Sch C (self-employment)
  • Once a child no longer qualifies as a dependent, regular rates apply

IRS and State Tax Credits

$50 - $100

Each tax credit may have a separate fee:

  • American Opportunity Tax Credit
  • Lifetime Learning Tax Credit 
  • Residential Energy Tax Credit
  • Maryland Senior Tax Credit
  • Electric Vehicle Tax Credit
  • Form 1095-A, Premium Tax Credit

Schedule A - Itemized Deductions

$100 - $175

  • Mortgage Interest
  • Real Estate Taxes
  • Charitable Donations
  • Charitable Mileage
  • Vehicle Donations
  • Medical Expenses: Medical Insurance, Long Term Care Insurance, Out of Pocket Medical Expenses, Medical Mileage

Schedule B - Interest and Dividends

$0 - $75

  • Bank interest income (Form 1099-INT)
  • Qualified and Unqualified dividends (1099-DIV)
  • Capital Gains Distributions (1099-DIV)

Schedule C - Profit or Loss from Business

$200 - $500

Pricing depends on complexity. Use our Self-Employment organizer to report your income and expenses. 

  • Sales totals and deductible expenses by category
  • Auto Deduction: Mileage or Actual Expenses
  • Home office deduction (simplified or regular method)
  • Self-employed health insurance deduction
  • Self-employment retirement (Solo 401k/SEP/SIMPLE)
  • Tax planning to help pay quarterly estimated taxes
  • Corporate Transparency Act reporting (as needed)

Schedule D - Capital Gains and Losses

$25 - $200

Pricing depends on complexity, number of brokerage accounts, capital gain/loss activities:

  • Short term and long term capital gains/losses
  • Capital loss carryover
  • Virtual currency transactions
  • Primary residence home sale (including gain exclusion)
  • Kiddie Tax on Dependent children's unearned income
  • Foreign Tax Credit Form 1116

Schedule E - Rental Income

$125 - $200

Please use this Rental Organizer

  • Rental income and expenses
  • Add $100 for a rental purchase or sale

Form 1095-A Health Insurance Marketplace Statement

$50 - $100

Form 1095-A is used to reconcile your Premium Tax Credit

Multi-State or Part-Year Resident Returns

$70 - $150

Fee is per additional state and depends on complexity


Other Tax Situations

These items include greater analysis, complexity, and completion time, as well as potentially additional due diligence requirements by the IRS.

Earned Income Tax Credit

$50 - $100

Head of Household Filing Status

$50

Married Filing Separate (Two Tax Returns)

$125

Schedule K-1 Share of Profit/Loss

$25 - $125

  • Fees depend on complexity
  • Additional state returns and fees may apply
  • Schedule K-1 forms prepared by Maryland Tax Service are processed at no charge

Individual and Small Business Tax Planning

Current 1040 Tax Clients

$100 / hour

Up to 30 minutes of planning is no charge for current year (paid) clients. Typical questions/scenarios include:

  • income and tax projections with withholding adjustments to avoid big tax bills
  • general tax questions: tax implications of marriage, buying a home, children, etc
  • retirement tax planning: RMDs, Roth conversions, etc

Non-Current 1040 Tax Clients

$250 / hour

Same as above; $100 of your planning fee applies to the following year's tax preparation fee

Small Business Tax Planning

$250 / hour

Typical questions/scenarios include:

  • starting a new small business or rental activity
  • entity selection pros and cons (e.g., LLC vs S Corp)
  • general compliance: payroll, tax reporting, etc
  • self-employed retirement options
  • and much more!



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