2015 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 2015 Fair Market Value of Trucks and Vans Tax Year During Lease Over Not Over 1st 2nd 3rd 4th 5th Later $18,500 $19,000 2 4 6 8 9 $19,000 $19,500 3 6 8 11 12 $19,500 $20,000 4 7 11 13 16 $20,000 $20,500 4 9 13 16 19 $20,500 $21,000 5 11 15 19 22 $21,000 $21,500 6 12 18 22 25 $21,500 $22,000 6 14 20 25 28 $22,000 $23,000 7 16 24 29 33 $23,000 $24,000 9 19 29 34 40 $24,000 $25,000 10 23 33 40 46 $25,000 $26,000 12 25 38 46 53 $26,000 $27,000 13 29 42 51 60 $27,000 $28,000 15 32 47 57 65 $28,000 $29,000 16 35 52 62 73 $29,000 $30,000 18 38 56 68 79 $30,000 $31,000 19 41 61 74 85 $31,000 $32,000 20 45 66 79 91 $32,000 $33,000 22 48 70 85 98 $33,000 $34,000 23 51 75 91 104 $34,000 $35,000 25 54 80 96 111 $35,000 $36,000 26 57 85 101 118 $36,000 $37,000 28 60 89 108 124 $37,000 $38,000 29 63 94 113 131 $38,000 $39,000 30 67 98 119 137 $39,000 $40,000 32 70 103 124 144 $40,000 $41,000 33 73 108 130 150 $41,000 $42,000 35 76 113 135 157 $42,000 $43,000 36 79 118 141 163 $43,000 $44,000 38 82 122 147 169 $44,000 $45,000 39 85 127 153 176 $45,000 $46,000 40 89 131 158 183 $46,000 $47,000 42 92 136 163 189 $47,000 $48,000 43 95 141 169 195 $48,000 $49,000 45 98 145 175 202 $49,000 $50,000 46 101 151 180 208 $50,000 $51,000 48 104 155 186 215 $51,000 $52,000 49 108 159 192 221 $52,000 $53,000 51 110 165 197 228 $53,000 $54,000 52 114 169 203 234 $54,000 $55,000 53 117 174 208 241 $55,000 $56,000 55 120 178 214 248 $56,000 $57,000 56 123 183 220 254 $57,000 $58,000 58 126 188 225 261 $58,000 $59,000 59 130 192 231 267 $59,000 $60,000 61 133 197 236 273 $60,000 $62,000 63 137 204 245 283 $62,000 $64,000 66 144 213 256 296 $64,000 $66,000 68 150 223 268 308 $66,000 $68,000 71 157 232 278 322 $68,000 $70,000 74 163 241 290 335 $70,000 $72,000 77 169 251 301 348 $72,000 $74,000 80 175 261 312 361 $74,000 $76,000 83 182 269 324 374 $76,000 $78,000 86 188 279 335 386 $78,000 $80,000 89 194 288 346 400 $80,000 $85,000 94 205 305 366 422 $85,000 $90,000 101 221 328 394 455 $90,000 $95,000 108 237 351 422 488 $95,000 $100,000 1115 253 375 450 519 $100,000 $110,000 126 276 410 492 569 $110,000 $120,000 140 308 457 548 633 $120,000 $130,000 155 339 504 604 698 $130,000 $140,000 169 371 551 660 763 $140,000 $150,000 183 403 597 717 827 $150,000 $160,000 198 434 644 773 893 $160,000 $170,000 212 466 691 829 957 $170,000 $180,000 226 497 738 885 1023 $180,000 $190,000 241 528 785 942 1087 $190,000 $200,000 255 560 832 997 1152 $200,000 $210,000 269 592 878 1054 1217 $210,000 $220,000 284 623 925 1110 1282 $220,000 $230,000 298 655 972 1166 1346 $230,000 $240,000 312 687 1019 1222 1411 $240,000 $250,000 327 718 1066 1278 1476