2012 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 2012
Fair Market Value of
Passenger Automobiles		 Tax Year During Lease
Over Not Over 1st 2nd 3rd 4th 5th Later
$18,500 $19,000 2 4 5 6 8
$19,000 $19,500 2 4 7 7 9
$19,500 $20,000 2 5 8 8 10
$20,000 $20,500 3 5 9 10 11
$20,500 $21,000 3 6 9 12 12
$21,000 $21,500 3 7 10 12 14
$21,500 $22,000 3 8 11 13 16
$22,000 $23,000 4 8 13 15 17
$23,000 $24,000 4 10 15 17 20
$24,000 $25,000 5 11 17 19 23
$25,000 $26,000 6 12 19 21 26
$26,000 $27,000 6 14 20 24 28
$27,000 $28,000 7 15 22 26 31
$28,000 $29,000 7 16 25 28 33
$29,000 $30,000 8 18 25 32 35
$30,000 $31,000 9 19 27 34 38
$31,000 $32,000 9 20 30 36 41
$32,000 $33,000 10 21 32 38 43
$33,000 $34,000 10 23 33 41 46
$34,000 $35,000 11 24 35 43 49
$35,000 $36,000 12 25 37 45 52
$36,000 $37,000 12 27 39 47 54
$37,000 $38,000 13 28 41 49 57
$38,000 $39,000 13 29 43 52 59
$39,000 $40,000 14 30 45 54 62
$40,000 $41,000 14 32 47 56 65
$41,000 $42,000 15 33 49 58 68
$42,000 $43,000 16 34 51 61 70
$43,000 $44,000 16 36 52 63 73
$44,000 $45,000 17 37 54 66 75
$45,000 $46,000 17 38 57 67 78
$46,000 $47,000 18 39 59 70 80
$47,000 $48,000 19 40 61 72 83
$48,000 $49,000 19 42 62 75 86
$49,000 $50,000 20 43 64 77 89
$50,000 $51,000 20 45 66 79 91
$51,000 $52,000 21 46 68 81 94
$52,000 $53,000 21 47 70 84 96
$53,000 $54,000 22 48 72 86 99
$54,000 $55,000 23 49 74 88 102
$55,000 $56,000 23 51 76 90 104
$56,000 $57,000 24 52 78 92 107
$57,000 $58,000 24 54 79 95 110
$58,000 $59,000 25 55 81 97 113
$59,000 $60,000 26 56 83 100 115
$60,000 $62,000 26 58 86 103 119
$62,000 $64,000 28 60 90 108 124
$64,000 $66,000 29 63 94 112 129
$66,000 $68,000 30 66 97 117 135
$68,000 $70,000 31 68 102 121 140
$70,000 $72,000 32 71 105 126 145
$72,000 $74,000 33 74 109 130 151
$74,000 $76,000 35 76 113 135 156
$76,000 $78,000 36 78 117 140 161
$78,000 $80,000 37 81 120 145 166
$80,000 $85,000 39 86 127 152 176
$85,000 $90,000 42 92 137 163 189
$90,000 $95,000 45 98 147 175 202
$95,000 $100,000 48 105 155 187 215
$100,000 $110,000 52 115 170 203 235
$110,000 $120,000 58 127 189 227 262
$120,000 $130,000 64 140 208 250 288
$130,000 $140,000 70 153 227 272 315
$140,000 $150,000 75 166 246 296 340
$150,000 $160,000 81 179 265 318 368
$160,000 $170,000 87 192 284 341 394
$170,000 $180,000 93 204 304 364 420
$180,000 $190,000 99 217 323 387 446
$190,000 $200,000 105 230 342 409 473
$200,000 $210,000 111 243 361 432 499
$210,000 $220,000 116 256 380 455 526
$220,000 $230,000 122 269 399 478 552
$230,000 $250,000 128 282 418 501 578
$240,000 $250,000 134 294 437 524 605