Tax Preparers in Indiana
Thinking about a career as a Tax Preparers in Indiana? Here’s what the data says. Prepare tax returns for individuals or small businesses. Excludes “Accountants and Auditors” (13-2011).
What do Tax Preparers Make in Indiana?
For a tax preparers working in Indiana, wages run about $46,430 per year (or roughly $22.32/hour).Annual wages span from $29,690 at the 10th percentile to $65,180 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $29,690 | $14.27 |
| 25th percentile | $35,940 | $17.28 |
| Median (50th) | $46,430 | $22.32 |
| 75th percentile | $59,680 | $28.69 |
| 90th percentile | $65,180 | $31.34 |
The location quotient — a measure of how concentrated this occupation is in Indiana compared to the national average — is 1.09.
National Wage Comparison
Nationally, tax preparers earn a median of $67,542 per year ($32.47/hour), below the Indiana median.
Employment Outlook
National employment for 188,739 tax preparers across the United States. In Indiana alone, about 1,660 people work in this role. That’s higher than the typical state, which employs around 870 tax preparers.
Top Indiana Metros for Tax Preparers
The metro areas below employ the most tax preparers in Indiana.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN | 660 | $49,880 |
| Fort Wayne, IN | 80 | $38,610 |
| Evansville, IN | 70 | $38,250 |
| Lafayette-West Lafayette, IN | 50 | $43,660 |
| Terre Haute, IN | 40 | $37,610 |
Top States for Tax Preparers Employment
These states have the highest employment of tax preparers work.
| State | Number Employed |
|---|---|
| California | 10,700 |
| New York | 6,880 |
| Texas | 5,930 |
| Florida | 3,490 |
| North Carolina | 2,550 |
| Pennsylvania | 2,480 |
| Arizona | 2,480 |
| New Jersey | 2,460 |
| Colorado | 2,420 |
| Virginia | 2,200 |
| Michigan | 2,010 |
| Georgia | 1,940 |
| Massachusetts | 1,800 |
| Oklahoma | 1,690 |
| Indiana | 1,660 |
| South Carolina | 1,490 |
| Oregon | 1,480 |
| Utah | 1,470 |
| Washington | 1,350 |
| Minnesota | 1,330 |
Highest-Paying States for Tax Preparers
The highest-paying states for tax preparers.
| State | Annual Median Salary |
|---|---|
| Alaska | $77,010 |
| New York | $73,230 |
| California | $73,210 |
| Montana | $71,370 |
| Minnesota | $65,530 |
| Colorado | $62,860 |
| Texas | $61,510 |
| Wyoming | $60,340 |
| Virginia | $59,220 |
| North Dakota | $59,130 |
Skills
Key tax preparers skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Key knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
Key abilities for tax preparers, rated on an importance scale of 0 to 5:
Daily Tasks
Tax Preparers typically:
- Compute taxes owed or overpaid, using adding machines or personal computers, and complete entries on forms, following tax form instructions and tax tables.
- Use all appropriate adjustments, deductions, and credits to keep clients' taxes to a minimum.
- Furnish taxpayers with sufficient information and advice to ensure correct tax form completion.
- Interview clients to obtain additional information on taxable income and deductible expenses and allowances.
- Prepare or assist in preparing simple to complex tax returns for individuals or small businesses.
- Review financial records, such as income statements and documentation of expenditures to determine forms needed to prepare tax returns.
- Check data input or verify totals on forms prepared by others to detect errors in arithmetic, data entry, or procedures.
- Explain federal and state tax laws to individuals and companies.
- Answer questions and provide future tax planning to clients.
- Consult tax law handbooks or bulletins to determine procedures for preparation of atypical returns.
- Calculate form preparation fees according to return complexity and processing time required.
- Schedule appointments with clients.
Work Activities
- Working with Computers
- Getting Information
- Updating and Using Relevant Knowledge
- Processing Information
- Documenting/Recording Information
- Evaluating Information to Determine Compliance with Standards
- Analyzing Data or Information
- Organizing, Planning, and Prioritizing Work
- Making Decisions and Solving Problems
- Interpreting the Meaning of Information for Others
- Establishing and Maintaining Interpersonal Relationships
- Identifying Objects, Actions, and Events
Tools & Technology
Common tools and software used in this occupation include: Hot technologies: Intuit QuickBooks In-demand technologies: Intuit TurboTax
What Major Will Prepare You For This Career?
Related college programs include:
- Accounting
- Taxation
Featured schools near , edit
Related Careers
Careers similar to tax preparers include:
- Financial Managers
- Compensation, Benefits, and Job Analysis Specialists
- Accountants and Auditors
- Budget Analysts
- Credit Analysts
- Personal Financial Advisors
Also Known As
CPA (Certified Public Accountant), Corporate Tax Preparer, Credentialed Tax Expert, Credentialed Tax Professional, Enrolled Agent, Income Tax Advisor, Income Tax Consultant, Income Tax Expert, Income Tax Preparer, Licensed Tax Consultant, Preseason Tax Professional, State and Local Tax Associate (SALT Associate), Tax Accountant, Tax Advisor, Tax Associate.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 13-2082.00