2010 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 2010 Fair Market Value of Trucks and Vans Tax Year During Lease Over Not Over 1st 2nd 3rd 4th 5th Later $17,000 $17,500 3 6 9 10 11 $17,500 $18,000 4 8 12 14 16 $18,000 $18,500 5 10 15 18 21 $18,500 $19,000 6 12 19 22 24 $19,000 $19,500 7 15 21 26 29 $19,500 $20,000 8 17 25 29 34 $20,000 $20,500 9 19 28 33 38 $20,500 $21,000 10 21 31 37 43 $21,000 $21,500 11 23 35 41 47 $21,500 $22,000 12 25 38 45 51 $22,000 $23,000 13 29 42 51 58 $23,000 $24,000 15 33 49 58 67 $24,000 $25,000 17 37 56 66 76 $25,000 $26,000 19 42 62 73 85 $26,000 $27,000 21 46 68 82 93 $27,000 $28,000 23 50 75 89 103 $28,000 $29,000 25 55 81 97 111 $29,000 $30,000 27 59 88 104 121 $30,000 $31,000 29 63 94 113 129 $31,000 $32,000 31 68 100 120 138 $32,000 $33,000 33 72 107 127 148 $33,000 $34,000 35 76 114 135 156 $34,000 $35,000 37 81 119 143 165 $35,000 $36,000 39 85 126 151 174 $36,000 $37,000 41 89 133 158 183 $37,000 $38,000 43 94 139 166 191 $38,000 $39,000 45 98 145 174 201 $39,000 $40,000 47 102 152 182 209 $40,000 $41,000 49 106 159 189 218 $41,000 $42,000 51 111 164 198 227 $42,000 $43,000 53 115 171 205 236 $43,000 $44,000 55 119 178 213 245 $44,000 $45,000 57 124 184 220 254 $45,000 $46,000 59 128 190 228 263 $46,000 $47,000 60 133 197 235 272 $47,000 $48,000 62 137 203 244 280 $48,000 $49,000 64 142 209 251 290 $49,000 $50,000 66 146 216 259 298 $50,000 $51,000 68 150 223 266 308 $51,000 $52,000 70 154 229 275 316 $52,000 $53,000 72 159 235 282 325 $53,000 $54,000 74 163 242 290 334 $54,000 $55,000 76 167 249 297 343 $55,000 $56,000 78 172 254 305 352 $56,000 $57,000 80 176 261 313 361 $57,000 $58,000 82 180 268 320 370 $58,000 $59,000 84 185 274 328 378 $59,000 $60,000 86 189 280 336 388 $60,000 $62,000 89 195 291 347 401 $62,000 $64,000 93 204 303 363 418 $64,000 $66,000 97 213 315 379 436 $66,000 $68,000 101 221 329 394 454 $68,000 $70,000 105 230 341 410 472 $70,000 $72,000 109 239 354 424 490 $72,000 $74,000 113 247 367 440 508 $74,000 $76,000 117 256 380 455 526 $76,000 $78,000 121 264 393 471 543 $78,000 $80,000 125 273 406 486 561 $80,000 $85,000 131 289 428 513 592 $85,000 $90,000 141 310 461 552 636 $90,000 $95,000 151 332 492 591 681 $95,000 $100,000 161 353 525 629 726 $100,000 $110,000 176 386 573 686 793 $110,000 $120,000 195 430 637 763 882 $120,000 $130,000 215 473 701 841 971 $130,000 $140,000 235 516 766 918 1059 $140,000 $150,000 255 559 830 995 1149 $150,000 $160,000 274 603 894 1072 1238 $160,000 $170,000 294 646 958 1150 1326 $170,000 $180,000 314 689 1023 1226 1416 $180,000 $190,000 333 733 1087 1303 1505 $190,000 $200,000 353 776 1151 1381 1594 $200,000 $210,000 373 819 1216 1457 1683 $210,000 $220,000 392 863 1280 1534 1772 $220,000 $230,000 412 906 1344 1612 1861 $230,000 $240,000 432 949 1409 1689 1949 $240,000 $999,999 452 992 1473 1766 2039