2002 Lease Inclusion Table  - Passenger Automobiles
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 Passenger Automobiles
(That are not trucks, Vans, or Electric Automobiles)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2002
Fair Market Value of
Passenger Automobiles		 Tax Year During Lease
Over Not Over 1st 2nd 3rd 4th 5th Later
$15,500 $15,800 2 3 5 6 6
$15,800 $16,100 3 7 9 11 13
$16,100 $16,400 4 10 14 17 19
$16,400 $16,700 6 13 18 22 26
$16,700 $17,000 7 16 23 28 31
$17,000 $17,500 9 20 29 35 40
$17,500 $18,000 11 25 37 44 50
$18,000 $18,500 14 30 44 53 61
$18,500 $19,000 16 35 52 62 72
$19,000 $19,500 18 40 60 71 82
$19,500 $20,000 21 45 67 80 93
$20,000 $20,500 23 50 75 89 103
$20,500 $21,000 25 56 82 98 114
$21,000 $21,500 28 60 90 108 123
$21,500 $22,000 30 66 97 117 134
$22,000 $23,000 33 74 108 130 150
$23,000 $24,000 38 84 123 149 171
$24,000 $25,000 43 94 139 166 192
$25,000 $26,000 47 104 154 185 213
$26,000 $27,000 52 114 169 203 234
$27,000 $28,000 57 124 185 220 255
$28,000 $29,000 61 135 199 239 276
$29,000 $30,000 66 145 214 258 296
$30,000 $31,000 71 155 230 275 318
$31,000 $32,000 75 165 245 294 338
$32,000 $33,000 80 175 260 312 360
$33,000 $34,000 85 185 276 329 381
$34,000 $35,000 89 196 290 348 402
$35,000 $36,000 94 206 305 367 422
$36,000 $37,000 99 216 321 384 443
$37,000 $38,000 103 226 336 403 464
$38,000 $39,000 108 236 351 421 485
$39,000 $40,000 112 247 366 439 506
$40,000 $41,000 117 257 381 457 527
$41,000 $42,000 122 267 396 475 549
$42,000 $43,000 126 278 411 493 570
$43,000 $44,000 131 288 426 512 590
$44,000 $45,000 136 298 441 530 611
$45,000 $46,000 140 308 457 548 632
$46,000 $47,000 145 318 472 566 653
$47,000 $48,000 150 328 487 584 674
$48,000 $49,000 154 339 502 602 695
$49,000 $50,000 159 349 517 620 717
$50,000 $51,000 164 359 532 639 737
$51,000 $52,000 168 369 548 657 758
$52,000 $53,000 173 379 563 675 779
$53,000 $54,000 177 390 578 693 800
$54,000 $55,000 182 400 593 711 821
$55,000 $56,000 187 410 608 729 842
$56,000 $57,000 191 420 624 747 863
$57,000 $58,000 496 430 639 766 883
$58,000 $59,000 201 440 654 784 905
$59,000 $60,000 205 451 669 802 925
$60,000 $62,000 212 466 692 829 957
$62,000 $64,000 222 486 722 866 999
$64,000 $66,000 231 507 752 902 1041
$66,000 $68,000 240 527 783 938 1083
$68,000 $70,000 250 547 813 974 1125
$70,000 $72,000 259 568 843 1011 1166
$72,000 $74,000 268 589 873 1047 1208
$74,000 $76,000 277 609 904 1083 1250
$76,000 $78,000 287 629 934 1120 1292
$78,000 $80,000 296 650 964 1156 1334
$80,000 $85,000 312 686 1017 1219 1408
$85,000 $90,000 335 737 1092 1311 1512
$90,000 $95,000 359 787 1169 1401 1617
$95,000 $100,000 382 838 1245 1491 1722
$100,000 $110,000 417 915 1358 1627 1880
$110,000 $120,000 463 1017 1509 1810 2089
$120,000 $130,000 510 1119 1660 1991 2299
$130,000 $140,000 556 1221 1812 2172 2509
$140,000 $150,000 603 1323 1963 2354 2718
$150,000 $160,000 649 1425 2115 2535 2928
$160,000 $170,000 696 1527 2266 2717 3137
$170,000 $180,000 742 1629 2418 2898 3347
$180,000 $190,000 789 1731 2569 3080 3556
$190,000 $200,000 835 1833 2720 3262 3766
$200,000 $210,000 881 1935 2872 3443 3976
$210,000 $220,000 928 2037 3023 3625 4185
$220,000 $230,000 974 2139 3175 3806 4395
$230,000 $240,000 1021 2241 3326 3988 4604
$240,000 $250,000 1067 2343 3478 4169 4814