2013 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 2013 Fair Market Value of Trucks and Vans Tax Year During Lease Over Not Over 1st 2nd 3rd 4th 5th Later $19,000 $19,500 1 3 4 5 6 $19,500 $20,000 2 3 5 6 7 $20,000 $20,500 2 4 6 7 8 $20,500 $21,000 2 5 7 8 9 $21,000 $21,500 3 5 8 9 11 $21,500 $22,000 3 6 8 10 12 $22,000 $23,000 3 7 10 11 14 $23,000 $24,000 4 8 11 14 16 $24,000 $25,000 4 9 14 16 18 $25,000 $26,000 5 10 15 18 21 $26,000 $27,000 5 12 17 20 23 $27,000 $28,000 6 13 18 23 25 $28,000 $29,000 6 14 20 25 28 $29,000 $30,000 7 15 22 27 30 $30,000 $31,000 7 16 24 29 33 $31,000 $32,000 8 17 26 31 35 $32,000 $33,000 8 19 27 33 38 $33,000 $34,000 9 20 29 35 41 $34,000 $35,000 10 21 31 37 43 $35,000 $36,000 10 22 33 39 40 $36,000 $37,000 11 23 35 41 48 $37,000 $38,000 11 25 36 43 51 $38,000 $39,000 12 26 38 45 53 $39,000 $40,000 12 27 40 48 55 $40,000 $41,000 13 28 42 49 58 $41,000 $42,000 13 29 44 52 60 $42,000 $43,000 14 30 46 54 62 $43,000 $44,000 14 32 47 56 65 $44,000 $45,000 15 33 48 59 67 $45,000 $46,000 15 34 51 60 70 $46,000 $47,000 16 35 52 63 72 $47,000 $48,000 17 36 54 65 74 $48,000 $49,000 17 38 55 67 77 $49,000 $50,000 18 39 57 69 79 $50,000 $51,000 18 40 59 71 82 $51,000 $52,000 19 41 61 73 84 $52,000 $53,000 19 42 63 75 87 $53,000 $54,000 20 43 65 77 89 $54,000 $55,000 20 45 66 80 91 $55,000 $56,000 21 46 68 81 94 $56,000 $57,000 21 47 70 84 96 $57,000 $58,000 22 48 72 86 98 $58,000 $59,000 22 50 73 88 101 $59,000 $60,000 23 51 75 90 103 $60,000 $62,000 24 52 78 93 108 $62,000 $64,000 25 55 81 97 113 $64,000 $66,000 26 57 85 101 118 $66,000 $68,000 27 60 88 106 122 $68,000 $70,000 28 62 92 110 127 $70,000 $72,000 29 64 96 114 132 $72,000 $74,000 30 67 99 118 137 $74,000 $76,000 31 69 103 122 142 $76,000 $78,000 32 72 105 127 147 $78,000 $80,000 34 73 110 131 151 $80,000 $85,000 35 78 116 138 160 $85,000 $90,000 38 84 124 149 172 $90,000 $95,000 41 90 133 160 184 $95,000 $100,000 44 95 142 171 196 $100,000 $110,000 48 104 156 186 214 $110,000 $120,000 53 116 173 207 240 $120,000 $130,000 58 128 191 228 264 $130,000 $140,000 64 140 208 249 288 $140,000 $150,000 69 152 226 270 313 $150,000 $160,000 75 164 243 292 336 $160,000 $170,000 80 176 261 312 361 $170,000 $180,000 85 188 278 334 386 $180,000 $190,000 91 199 296 355 410 $190,000 $200,000 96 211 314 376 434 $200,000 $210,000 101 223 332 397 459 $210,000 $220,000 107 235 349 418 483 $220,000 $230,000 112 247 367 439 507 $230,000 $240,000 118 259 384 460 532