2009 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 2009 Fair Market Value of Trucks and Vans Tax Year During Lease Over Not Over 1st 2nd 3rd 4th 5th Later $18,500 $19,000 8 17 25 30 35 $19,000 $19,500 9 19 29 35 40 $19,500 $20,000 10 22 33 38 45 $20,000 $20,500 11 25 36 43 50 $20,500 $21,000 12 27 40 48 55 $21,000 $21,500 13 30 43 52 60 $21,500 $22,000 15 32 47 56 66 $22,000 $23,000 16 36 52 64 72 $23,000 $24,000 18 41 60 72 83 $24,000 $25,000 21 45 68 81 93 $25,000 $26,000 23 50 75 90 103 $26,000 $27,000 25 56 82 98 114 $27,000 $28,000 27 61 89 107 124 $28,000 $29,000 30 65 97 116 134 $29,000 $30,000 32 70 104 125 144 $30,000 $31,000 34 75 112 134 154 $31,000 $32,000 36 80 119 143 164 $32,000 $33,000 39 85 126 151 175 $33,000 $34,000 41 90 134 160 184 $34,000 $35,000 43 95 141 169 195 $35,000 $36,000 45 100 148 178 205 $36,000 $37,000 48 105 155 187 215 $37,000 $38,000 50 110 163 195 226 $38,000 $39,000 52 115 170 204 236 $39,000 $40,000 55 120 177 213 246 $40,000 $41,000 57 125 185 221 256 $41,000 $42,000 59 130 192 231 266 $42,000 $43,000 61 135 199 240 276 $43,000 $44,000 64 139 207 249 286 $44,000 $45,000 66 144 215 257 296 $45,000 $46,000 68 149 222 266 307 $46,000 $47,000 70 155 229 274 317 $47,000 $48,000 73 159 237 283 327 $48,000 $49,000 75 164 244 292 338 $49,000 $50,000 77 169 251 301 348 $50,000 $51,000 79 174 259 310 357 $51,000 $52,000 82 179 266 318 368 $52,000 $53,000 84 184 273 328 378 $53,000 $54,000 86 189 281 336 388 $54,000 $55,000 88 194 288 345 399 $55,000 $56,000 91 199 295 354 408 $56,000 $57,000 93 204 302 363 419 $57,000 $58,000 95 209 310 371 429 $58,000 $59,000 97 214 317 381 439 $59,000 $60,000 100 219 324 389 450 $60,000 $62,000 103 226 336 402 465 $62,000 $64,000 107 236 351 420 485 $64,000 $66,000 112 246 365 438 505 $66,000 $68,000 116 256 380 455 526 $68,000 $70,000 121 266 394 473 546 $70,000 $72,000 125 276 409 491 566 $72,000 $74,000 130 286 423 509 586 $74,000 $76,000 134 296 438 526 607 $76,000 $78,000 139 305 454 543 627 $78,000 $80,000 143 316 467 561 648 $80,000 $85,000 151 333 493 592 684 $85,000 $90,000 163 357 531 635 735 $90,000 $95,000 174 382 567 680 785 $95,000 $100,000 185 407 604 724 836 $100,000 $110,000 202 444 659 790 912 $110,000 $120,000 225 493 733 878 1014 $120,000 $130,000 247 543 806 966 1116 $130,000 $140,000 270 592 880 1054 1218 $140,000 $150,000 292 642 953 1143 1319 $150,000 $160,000 315 691 1027 1230 1421 $160,000 $170,000 337 741 1100 1319 1522 $170,000 $180,000 360 790 1174 1407 1624 $180,000 $190,000 382 840 1247 1495 1726 $190,000 $200,000 405 889 1321 1583 1828 $200,000 $210,000 427 939 1394 1671 1930 $210,000 $220,000 450 988 1468 1759 2031 $220,000 $230,000 472 1038 1541 1847 2134 $230,000 $240,000 495 1087 1615 1935 2235 $240,000 $999,999 517 1137 1688 2024 2336