Level 5

Question

Which Option do I select - Self-Prepared or Non-Paid Preparer

2 2020 1040's:

1. Rec'd Processing Fee - Used their CCrd.

Rec'd additional Fee - For Preparing Return.

Option: Paid Preparer.

2. Rec'd Processing Fee - Used their CCrd.

Option: Prepared the return - WOULD NOT THIS BE A PAID PREPARER?.

#1 - Correct

#2 - Correct? - NOTE: There WAS NO additional Fee - For Preparing Return.

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Level 15

What's your difference between processing fee and preparation fee?

The more I know the more I don’t know.

Level 5

Processing Fee - E-Filing Fee - $45 excluding Sales Tax

Preparation Fee - Hourly Rate

Level 15

I don't think we are allowed to charge for efiling.

The more I know the more I don’t know.

Intuit Community Champion

You are a professional tax preparer, so you are a paid preparer.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Level 5

Would I Not select Non-Paid Preparer if no monies were received for preparing the 1040?

Level 5

To Recap of these transactions RE: 1040's:

1. Self-Prepared - Prepared my own.

2. Non-Paid Prepared - Prepared clients 1040 & Rec'd No Monies.

3. Paid Preparer - Prepared clients 1040 & Rec'd Monies.

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