Tax Preparer Salary

Tax Preparers in the United States take home approximately $12.12 per hour on average. Overall compensation packages to Tax Preparers range from $18K on the low end to $55K on the high end; this includes bonuses that peak near $5K and profit sharing that approaches $7K, with some high rollers snagging commissions as high as $16K. Location is the main element affecting pay for this group — career length and the individual firm are driving factors as well. The majority of Tax Preparers claim high levels of job satisfaction. Men are in the minority of survey respondents, with female Tax Preparers making up 71 percent. A little less than one-fifth report receiving medical coverage from their employers and close to a tenth collect dental insurance. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$19,562 - $66,578
(Median)
$20K
$39K
$67K
MEDIAN: $39,166
10%
50%
90%

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$8.53 - $22.76
(Median)
$8
$12
$23
MEDIAN: $12.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$23K$46K$69K
Salary
$19,562 - $66,578  
   
Bonus
$0.00 - $4,937  
Profit Sharing
$0.00 - $7,213  
Commission
$24.83 - $16,107  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$18,263 - $54,943  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 346
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$8.53 - $22.76  
   
Hourly Tips
$1.83  
Overtime
$12.08 - $32.85  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$0.00 - $4,937  
   
Commission
$24.83 - $16,107  
Profit Sharing
$0.00 - $7,213  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$18,263 - $54,943  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,275
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Job Description for Tax Preparer

A tax preparer assists an individual, a company, or organization in setting up and writing an accurate income tax return to the Internal Revenue Service (IRS) each year. Preparers must make sure the entity for which the tax forms are being prepared pays the lowest taxes allowed by law; they must do this while ensuring that any deductions, exemptions, or claims adhere to current tax laws.

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Tax Preparer Tasks

  • Examine receipts, paystubs, and other documentation to fill out financial forms.
  • Apply deductions and credits according to regulations.
  • Fill out, complete, and submit tax returns.

Common Career Paths for Tax Preparer


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As Tax Preparers transition into upper-level roles such as Tax Manager, they may see a strong upturn in salary. Tax Managers earn $92K on average per year. Tax Preparers moving up in their careers tend to step into positions as Enrolled Agents or Senior Tax Accountants. The median paychecks in those roles are $17K higher and $35K higher, respectively.

Tax Preparer Job Listings

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Popular Employer Salaries for Tax Preparer


H&R Block, Jackson Hewitt Tax Services, Inc, Liberty Tax Services, Inc., H & R Block, and HR Block are some prominent firms with considerable interest in employing a large team of Tax Preparers. H & R Block offers the largest salaries in town ($25K on average), but the considerable range in workers' salaries creates a rather varied pay scale that stretches from $20K to $54K.

Liberty Tax Services, Inc. reports the lowest median salary in the area (it's only $21K) but some workers make up to $30K, indicating a rather large gap in employee earnings.

Popular Skills for Tax Preparer


Tax Preparers generally report applying a varied skill set to their work. Most notably, skills in Accounting, Quickbooks, Bookkeeping, and Tax Consulting are correlated to pay that is above average, with boosts between 11 percent and 13 percent. Skills that pay less than market rate include Customer Service. Those familiar with Customer Service also tend to know Tax Compliance.

Pay by Experience Level for Tax Preparer

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Tax Preparers generally obtain higher compensation for more plentiful past experience. Salaries for the relatively untried average out to around $24K, but survey participants with five to 10 years of experience earn a significantly higher median of $31K. After working for 10 to 20 years, Tax Preparers make a median salary of $38K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $43K.

Related Job Salaries

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Experience Affects Tax Preparer Salaries




National Average
$29,000


Skills That Affect Tax Preparer Salaries






Tax Preparation
up arrow 3%

National Average
$29,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 222 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
11%
1-4 years
39%
5-9 years
20%
10-19 years
18%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 18%
dental benefits
Dental: 10%
medical benefits
Vision: 7%
dental benefits
None: 81%
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