Individual Income Tax Compliance & Reporting for U.S. Persons (Form 1040)

A U.S. person is generally required to file an annual Form 1040 every year when their gross income exceeds the standard deduction. A U.S. person includes a U.S. citizen, a U.S. green card holder, or other person that meets the substantial presence test during the year.

U.S. citizens that live and work abroad as U.S. expats are also required to file an annual Form 1040, even in cases where they never visit the U.S. or receive any income from U.S. sources.

For more information on Form 1040 filing obligations, please visit the IRS website.

Forms, Schedules & Attachments	Price (in USD) & Description of Forms
Form 1040 (Individual Tax Return), including: – Schedule 1 (Additional Income/Adjustments) – Schedule 2 (Additional Taxes) – Schedule 3 (Additional Credits & Payments) – Schedule B (Interest & Dividend Income) – Schedule D (Capital Gains & Losses) – Form 1116 (Foreign Tax Credit) – Form 6251 (Alternative Minimum Tax) – Form 6781 (Sec. 1256 Contracts & Straddles) – Form 8812 (Child Tax Credit) – Form 8889 (Health Savings Accounts) – Form 8949 (Sales and Other Dispositions) – Form 8959 (Additional Medicare Tax) – Form 8960 (Net Investment Income Tax) – Form 8962 (Premium Tax Credit)	Fee: $900 The base package includes all of the forms & schedules listed within this row, if applicable to your situation. Any additional forms or schedules, if required, are listed below with their applicable fees.
Form 4868 (Automatic Extension to File U.S. Individual Income Tax Return)	Fee: FREE (included with base filing) Extension requests are included with the base filing.
State Income Tax Returns for Individuals	Fee: $100 per state income tax return. Residents & part-year residents of certain states may be required to file a state income tax return. Nonresidents of a state with state-source income may be required to file a nonresident state return to report the state-source income.
Schedule A (Itemized Deductions), including: – Form 4952 (Investment Interest) – Form 8283 (Noncash Charitable Donations) – Form 4684 (Casualty & Theft Losses)	Fee: $100 If a taxpayer chooses to itemize deductions rather than claim the standard deduction, the Schedule A is required, together with any supplemental forms.
Schedule C (Profit & Loss From Business), including: – Schedule SE (Self-Employment Tax) – Form 4562 (Depreciation & Amortization) – Form 4797 (Sale of Business Property) – Form 8995 (QBI Deduction)	Fee: $150 Reporting income & expense related to an unincorporated sole proprietorship business, which include businesses operated through a single-member disregarded LLC.
Schedule E for Rental Property, including: – Form 8582 (Passive Activity Loss Limits) – Form 4797 (Sale of Business Property) – Form 8895 (QBI Deduction)	Fee: $50 per rental property Schedule E (Supplemental Income & Loss Part 1) report rental real estate income & expense.
Schedule E for Schedule K-1s, including: – Form 8582 (Passive Activity Loss Limits) – Schedule SE (Self-Employment Tax) – Form 4797 (Sale of Business Property) – Form 7203 (S Corporation Basis) – Form 8995 (QBI Deduction)	Fee: $25 per Schedule K-1 Schedule E (Supplemental Income & Loss Parts II & III) report activity from partnerships, S corporations, trusts & estates.
Form 2441 (Child & Dependent Care Expense)	Fee: $50 Claim deductions or credits for eligible child care & daycare related expenditures.
Form 5329 (Additional Taxes on Qualified Plans & Other Tax Favored Accounts)	Fee: $50 Taxes & penalties on the early distribution of funds from a retirement account.
Form 8606 (Nondeductible IRAs)	Fee: $100 Report nondeductible contributions to Traditional IRAs and distributions from Traditional IRAs with basis.

Specialty International Related Forms for Individual Taxpayers

The following forms are generally required for U.S. persons with foreign financial assets & other foreign bank accounts.

Forms, Schedules & Attachments	Price (in USD) & Description of Forms
Form 2555 (Foreign Earned Income Exclusion)	Fee: $150 For U.S. citizens living and working abroad, report foreign earned income and available exclusions under IRC Section 911.
Form 5471 (Controlled Foreign Corporation), including: – Core Schedules A, B, C, F, G & I – Schedule E & E-1 (Taxed Paid) – Schedule G-1 (Cost Sharing Arrangement) – Schedule H & H-1 (Current E&P) – Schedule I-1 (GILTI) – Schedule J (Accumulated E&P) – Schedule M (Transactions w/ Related Parties) – Schedule O (Stock Transactions) – Schedule P (Previously Taxed E&P) – Schedule Q (CFC Income by CFC Group) – Schedule R (Distributions) – Form 8992 (GILTI Calculation) – Form 926 (U.S. Transfer of Property to FC)	Fee: $1,200 Discounted rates may apply if the individual is a category 1 filer only. The Form 5471 is generally filed to report a U.S. person’s ownership interest in a controlled foreign corporation (CFC). Not every Form 5471 requires the same schedules and attachments. The required schedules will depend upon what category of filer is the U.S. person.
Form 8621 (Passive Foreign Investment Company)	Fee: $100 per Form 8621 Disclose ownership interest in PFIC & make any appropriate elections and income inclusions.
Form 8833 (Treaty Based Return Position)	Fee: $100 Report a treaty-based return positions on certain types of eligible income.
Form 8858 (Foreign DRE or Foreign Branch)	Fee: $500 per Form 8858 Report U.S. person’s ownership interest in a foreign disregarded (FDE) entity or branch.
Form 8865 (Foreign Partnerhips)	Fee: $500 per Form 8865 Report U.S. person’s ownership interest in a foreign partnership investment.
Form 8938 (Statement of Specified Foreign Financial Assets)	Fee: $200 Disclose foreign financial assets & foreign bank accounts.
FinCEN Form 114 (FBAR)	Fee: $100 Disclose foreign bank accounts and other foreign financial assets.

Income Tax Compliance & Reporting for Non-U.S. Persons (Form 1040-NR)

A non-U.S. person is generally not required to file an income tax return with the IRS. However, the nonresident may be required to file Form 1040-NR if they have income effectively connected (ECI) with a U.S. trade or business, or the nonresident receives U.S. source fixed determinable or periodic (FDAP) income which was not subject to the appropriate amount of U.S. withholding taxes.

More information on the IRS Form 1040-NR can be found on the IRS website.

Forms, Schedules & Attachments	Price (in USD)Price (in USD) & Description of Forms
Form 1040-NR (U.S. Nonresident Income Tax Return), including: – Schedule 1 (Additional Income/Adjustments) – Schedule 2 (Additional Taxes) – Schedule 3 (Additional Credits & Payments) – Schedule B (Interest & Dividend Income) – Schedule D (Capital Gains & Losses) – Schedule OI (Other Information) – Schedule NEC (Non ECI) – Form 1116 (Foreign Tax Credit) – Form 6251 (Alternative Minimum Tax) – Form 8949 (Sales and Other Dispositions) – Form 8959 (Additional Medicare Tax) – Form 8960 (Net Investment Income Tax)	Fee: $900 The base package includes all of the forms & schedules listed within this row, if applicable to your situation. Any additional forms or schedules, if required, are listed below with their applicable fees. Individual income tax return for a Non-U.S. person with schedules for additional income, adjustments, taxes, credits, & payments. Includes schedules to report interest income, dividend income, capital gains and losses on the sale or disposition of capital assets, foreign tax credits, and other information on the nonresident.
Form 4868 (Automatic Extension to File U.S. Individual Income Tax Return)	Fee: FREE (included with base filing) Six (6) month extension request for filing IRS Form 1040 (Individual Tax Return).
Schedule A Form 1040-NR (Itemized Deductions), including: – Form 4952 (Investment Interest) – Form 8283 (Noncash Charitable Donations)	Fee: $100 Nonresidents are generally not eligible for a standard deduction. A nonresident may be eligible to claim itemized deductions, where applicable.
Schedule C (Profit & Loss From Business), including: – Schedule SE (Self-Employment Tax) – Form 4562 (Depreciation & Amortization) – Form 4797 (Sale of Business Property) – Form 8995 (QBI Deduction)	Fee: $150 Reporting income & expense related to a an unincorporated sole proprietorship business. Includes businesses operated through a single-member disregarded LLC.
Schedule E for Rental Property, including: – Form 8582 (Passive Activity Loss Limits) – Form 4797 (Sale of Business Property) – Form 8895 (QBI Deduction)	Fee: $50 per rental property Schedule E (Supplemental Income & Loss Part 1) report rental real estate income & expense.
Schedule E for Schedule K-1s, including: – Form 8582 (Passive Activity Loss Limits) – Schedule SE (Self-Employment Tax) – Form 4797 (Sale of Business Property) – Form 8995 (QBI Deduction)	Fee: $25 per Schedule K-1 Schedule E (Supplemental Income & Loss Parts II & III) report activity from partnerships, S corporations, trusts & estates.