2017 Lease Inclusion Table  - Trucks and Vans

If you lease a vehicle that you use in your business for a lease term of 30 days or more, if the vehicle is subject to the luxury car limitations, you may have to include an inclusion amount in your income for each tax year you lease the vehicle.  To do this, you reduce your deduction for your lease payment by the lease inclusion amount.  The inclusion amount for each year is calculated by finding the appropriate lease inclusion amount from the table below and multiplying it by the percentage business use.  The lease inclusion amount is prorated for partial years of business use.

DOLLAR AMOUNTS FOR Trucks and Vans WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2017 Fair Market Value of Trucks and Vans Tax Year During Lease Over Not Over 1st 2nd 3rd 4th 5th Later $19,500 $20,000 4 8 11 13 16 $20,000 $20,500 4 10 14 17 20 $20,500 $21,000 5 12 17 21 23 $21,000 $21,500 6 14 20 24 28 $21,500 $22,000 7 16 23 28 32 $22,000 $23,000 9 19 27 33 38 $23,000 $24,000 10 23 34 40 46 $24,000 $25,000 12 27 39 48 54 $25,000 $26,000 14 31 45 55 62 $26,000 $27,000 16 35 51 62 71 $27,000 $28,000 18 39 57 69 79 $28,000 $29,000 19 43 63 76 88 $29,000 $30,000 21 47 69 83 96 $30,000 $31,000 23 51 75 90 104 $31,000 $32,000 25 55 81 97 112 $32,000 $33,000 27 59 87 104 120 $33,000 $34,000 29 63 93 111 129 $34,000 $35,000 30 67 99 119 136 $35,000 $36,000 32 71 105 126 145 $36,000 $37,000 34 75 111 133 153 $37,000 $38,000 36 79 117 140 161 $38,000 $39,000 38 83 122 148 169 $39,000 $40,000 40 87 128 155 177 $40,000 $41,000 41 91 135 161 186 $41,000 $42,000 43 95 141 168 194 $42,000 $43,000 45 99 146 176 203 $43,000 $44,000 47 103 152 183 211 $44,000 $45,000 49 107 158 190 219 $45,000 $46,000 50 111 165 196 228 $46,000 $47,000 52 115 170 204 236 $47,000 $48,000 54 119 176 211 244 $48,000 $49,000 56 123 182 218 252 $49,000 $50,000 58 127 188 225 261 $50,000 $51,000 60 131 194 232 269 $51,000 $52,000 61 135 200 240 277 $52,000 $53,000 63 139 206 247 285 $53,000 $54,000 65 143 212 254 293 $54,000 $55,000 67 147 218 261 301 $55,000 $56,000 69 151 224 268 309 $56,000 $57,000 70 155 230 275 318 $57,000 $58,000 72 159 236 282 326 $58,000 $59,000 74 163 242 289 335 $59,000 $60,000 76 167 248 296 343 $60,000 $62,000 79 173 256 308 355 $62,000 $64,000 82 181 269 321 372 $64,000 $66,000 86 189 280 336 388 $66,000 $68,000 90 197 292 350 404 $68,000 $70,000 93 205 304 365 420 $70,000 $72,000 97 213 316 379 437 $72,000 $74,000 101 221 328 393 453 $74,000 $76,000 104 229 340 407 470 $76,000 $78,000 108 237 352 421 487 $78,000 $80,000 111 245 364 436 503 $80,000 $85,000 118 259 384 461 532 $85,000 $90,000 127 279 414 497 573 $90,000 $95,000 136 299 444 532 614 $95,000 $100,000 145 319 474 567 656 $100,000 $110,000 159 349 518 621 717 $110,000 $120,000 177 389 578 692 800 $120,000 $130,000 195 429 637 764 882 $130,000 $140,000 213 470 696 835 964 $140,000 $150,000 232 509 756 906 1047 $150,000 $160,000 250 549 816 977 1129 $160,000 $170,000 268 589 875 1049 1211 $170,000 $180,000 286 630 934 1120 1293 $180,000 $190,000 305 669 994 1191 1376 $190,000 $200,000 323 9 1054 1262 1458 $200,000 $210,000 341 750 1112 1334 1540 $210,000 $220,000 359 790 1172 1405 1623 $220,000 $230,000 377 830 1231 1477 1705 $230,000 $240,000 396 870 1290 1548 1787 $240,000 $250,000 414 910 1350 1619 1870