How Much Do Tax Preparers Make in 2020 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

Annual Salary, Salary Range, and Highest Paying States.

Average Salary

Annual salary
$46860 per year

Hourly wage
$23 per hour


One of the most popular questions we get from our readers here is how much do Tax Preparers make per year and their hourly wage.


Starting Salary

Entry-level annual salary
$20550 to $26280 per year

Entry-level hourly wage
$10 to $13 per hour


Entry-level Tax Preparers with little to no experience can expect to make anywhere between $20550 to $26280 per year or $10 to $13 per hour.

Just like any other job, the salary of a Tax Preparer will increase as they become more experienced.



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Salary Rank

Salary rank
C

We wanted to make it easy for our readers to compare the salary of a Tax Preparer to all the other careers out there. So we created Salary Rank. We compare the salary of all careers then we give them a rank of A, B, C or D depending on where their average salary sits in comparison to other careers.

After comparing how much do Tax Preparers make with other careers, they have a salary rank of C.


Salary range

LevelHourlyYearly
Highest (Top 10%)$39$81720
Senior (Top 25%)$29$60120
Middle (Mid 50%)$19$39390
Junior (Bottom 25%)$13$26280
No experience (Bottom 10%)$10$20550

Highest paying states

StateHourlyAnnual
DC$ 47$ 97,070
MA$ 32$ 65,670
NY$ 31$ 63,440
CO$ 28$ 57,650
CA$ 27$ 57,040
OR$ 27$ 56,960
HI$ 27$ 55,990
AK$ 27$ 55,760
ND$ 26$ 53,920
MD$ 25$ 52,530

Another simple way to increase your salary as a Tax Preparer is to move to a higher paying state. However moving to a higher paying state like DC doesn’t guarantee that you will make more because the expenses at DC might be much higher than where you are currently living at right now.

According to BLS, the highest paid Tax Preparers are in the states of DC, MA, NY, CO and CA.




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Related to Tax Preparers Salary

Tax Preparers salary, how much do Tax Preparers earn, Tax Preparers hourly wage, Tax Preparers annual pay, which states pay the highest for Tax Preparers

Additional resources

http://www.bls.gov/oes/current/oes132082.htm
http://www.bls.gov/opub/ted/2016/concentration-of-tax-preparers-and-accountants-and-auditors-in-2015.htm


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