2007 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 2007
Fair Market Value of
Passenger Automobiles
Tax Year During Lease
Over Not Over 1st 2nd 3rd 4th 5th Later
$15,500 $15,800 2 5 11 11 13
$15,800 $16,100 4 10 17 19 22
$16,100 $16,400 6 14 24 28 31
$16,400 $16,700 9 18 31 35 41
$16,700 $17,000 11 23 37 43 50
$17,000 $17,500 13 29 46 54 62
$17,500 $18,000 17 37 56 68 77
$18,000 $18,500 20 44 68 81 93
$18,500 $19,000 24 51 80 94 108
$19,000 $19,500 27 59 90 108 124
$19,500 $20,000 30 67 101 121 139
$20,000 $20,500 34 74 113 134 154
$20,500 $21,000 37 82 123 148 170
$21,000 $21,500 41 89 135 161 185
$21,500 $22,000 44 97 146 174 201
$22,000 $23,000 49 108 163 194 224
$23,000 $24,000 56 123 185 221 255
$24,000 $25,000 63 138 207 248 285
$25,000 $26,000 70 153 229 275 316
$26,000 $27,000 77 168 251 302 347
$27,000 $28,000 83 183 274 328 378
$28,000 $29,000 90 198 296 355 409
$29,000 $30,000 97 213 318 382 439
$30,000 $31,000 104 228 341 408 470
$31,000 $32,000 111 143 363 435 501
$32,000 $33,000 118 258 385 461 532
$33,000 $34,000 125 273 407 488 563
$34,000 $35,000 131 288 430 515 593
$35,000 $36,000 138 303 452 542 624
$36,000 $37,000 145 318 474 568 656
$37,000 $38,000 152 333 496 595 686
$38,000 $39,000 159 348 519 621 717
$39,000 $40,000 166 363 541 648 748
$40,000 $41,000 172 378 564 674 779
$41,000 $42,000 179 393 586 701 810
$42,000 $43,000 186 408 608 728 840
$43,000 $44,000 193 423 630 755 871
$44,000 $45,000 200 438 652 782 902
$45,000 $46,000 207 453 674 809 933
$46,000 $47,000 213 468 697 835 964
$47,000 $48,000 220 483 719 862 995
$48,000 $49,000 227 498 742 888 1025
$49,000 $50,000 234 513 764 915 1056
$50,000 $51,000 241 528 786 942 1087
$51,000 $52,000 248 543 808 969 1117
$52,000 $53,000 254 558 831 995 1148
$53,000 $54,000 261 573 853 1022 1179
$54,000 $55,000 268 588 875 1049 1210
$55,000 $56,000 275 603 897 1076 1241
$56,000 $57,000 282 618 920 1102 1271
$57,000 $58,000 289 633 942 1128 1303
$58,000 $59,000 296 648 964 1155 134
$59,000 $60,000 302 663 987 1182 1364
$60,000 $62,000 313 685 1020 1222 1411
$62,000 $64,000 326 716 1064 1276 1472
$64,000 $66,000 340 746 1108 1329 1534
$66,000 $68,000 354 775 1154 1382 1595
$68,000 $70,000 367 806 1198 1435 1657
$70,000 $72,000 381 836 1242 1489 1719
$72,000 $74,000 395 865 1287 1543 1780
$74,000 $76,000 408 896 1331 1596 1842
$76,000 $78,000 422 926 1376 1649 1903
$78,000 $80,000 436 955 1421 1703 1965
$80,000 $85,000 460 1008 1498 1796 2074
$85,000 $90,000 494 1083 1610 1929 2228
$90,000 $95,000 528 1158 1721 2063 2382
$95,000 $100,000 562 1233 1833 2196 2536
$100,000 $110,000 614 1346 1999 2396 2767
$110,000 $120,000 682 1496 2222 2663 3075
$120,000 $130,000 750 1646 2444 2931 3383
$130,000 $140,000 819 1796 2667 3197 3692
$140,000 $150,000 887 1946 2890 3464 4000
$150,000 $160,000 956 2096 3112 3731 4308
$160,000 $170,000 1024 2246 3335 3998 4616
$170,000 $180,000 1093 2396 3557 4266 4924
$180,000 $190,000 1161 2546 3780 4532 5233
$190,000 $200,000 1229 2696 4003 4799 5541
$200,000 $210,000 1298 2846 4225 5067 5848
$210,000 $220,000 1366 2996 4448 5333 6157
$220,000 $230,000 1435 3146 4671 5600 6465
$230,000 $240,000 1503 3296 4893 4867 6774
$240,000 $999,999 1571 3446 5116 6134 7082