Small Business Taxes & Management
Page 8 of 27
You can apply a prorated annual lease value for a period of continuous availability of less than 30 days by treating the auto as if it
had been available for 30 days. Use a prorated annual lease value if it would result in a lower valuation than applying the daily
lease value to the shorter period of availability.
Inclusion Amounts for Autos First Leased in 2012
Notes-„
„
„
z
There are two tables, one for autos (reproduced here) and one for trucks and vans (see below).
The IRS tables go to $240,000. We've only included values up to $120,000 for autos; $80,000 for trucks and vans.
Besides the amounts in the tables below and additional amount may be includable in income if the business use of the auto is
or falls to 50% or less. See IRS Publication 946 for a worksheet and percentage table.
You can view the complete tables in Rev. Proc. 2012-23. See below for an example.
Fair Market Value
Over
Not Over
$18,500
19,000
19,000
19,500
19,500
20,000
20,000
20,500
20,500
21,000
21,000
21,500
21,500
22,000
22,000
23,000
23,000
24,000
24,000
25,000
25,000
26,000
26,000
27,000
27,000
28,000
28,000
29,000
29,000
30,000
30,000
31,000
31,000
32,000
32,000
33,000
33,000
34,000
34,000
35,000
35,000
36,000
36,000
37,000
37,000
38,000
38,000
39,000
39,000
40,000
40,000
41,000
41,000
42,000
42,000
43,000
43,000
44,000
44,000
45,000
45,000
46,000
46,000
47,000
47,000
48,000
48,000
49,000
49,000
50,000
50,000
51,000
51,000
52,000
52,000
53,000
53,000
54,000
54,000
55,000
55,000
56,000
56,000
57,000
57,000
58,000
58,000
59,000
59,000
60,000
60,000
62,000
62,000
64,000
64,000
66,000
66,000
68,000
68,000
70,000
70,000
72,000
72,000
74,000
74,000
76,000
76,000
78,000
1st
2
2
2
3
3
3
3
4
4
5
6
6
7
7
8
9
9
10
10
11
12
12
13
13
14
14
15
16
16
17
17
18
19
19
20
20
21
21
22
23
23
24
24
25
26
26
28
29
30
31
32
33
35
36
Tax Year
2nd
4
4
5
5
6
7
8
8
10
11
12
14
15
16
18
19
20
21
23
24
25
27
28
29
30
32
33
34
36
37
38
39
40
42
43
45
46
47
48
49
51
52
54
55
56
58
60
63
66
68
71
74
76
78
http://www.smbiz.com/sbrl003.html
of Lease
3rd
4th
5
6
7
7
8
8
9
10
9
12
10
12
11
13
13
15
15
17
17
19
19
21
20
24
22
26
25
28
25
32
27
34
30
36
32
38
33
41
35
43
37
45
39
47
41
49
43
52
45
54
47
56
49
58
51
61
52
63
54
66
57
67
59
70
61
72
62
75
64
77
66
79
68
81
70
84
72
86
74
88
76
90
78
92
79
95
81
97
83
100
86
103
90
108
94
112
97
117
102
121
105
126
109
130
113
135
117
140
5th
8
9
10
11
12
14
16
17
20
23
26
28
31
33
35
38
41
43
46
49
52
54
57
59
62
65
68
70
73
75
78
80
83
86
89
91
94
96
99
102
104
107
110
113
115
119
124
129
135
140
145
151
156
161
11/26/2012
Small Business Taxes & Management
78,000
80,000
85,000
90,000
95,000
100,000
110,000
80,000
85,000
90,000
95,000
100,000
110,000
120,000
37
39
42
45
48
52
58
81
86
92
98
105
115
127
120
127
137
147
155
170
189
Page 9 of 27
145
152
163
175
187
203
227
166
176
189
202
215
235
262
Example--On January 1, 2012 your business enters into a lease for an auto with a fair market value of $51,500. Your annual
payments are $7,188. For 2012 the business can only deduct $7,167 ($7,188 less $21, from the table above). (For 2013, you can
only deduct $7,142, $7,188 less $46.) If the car is used less than 100% for business, you cannot deduct any lease payments related
to the nonbusiness portion. But you also reduce the annual inclusion amount by the personal usage. For example, if the car above
were used only 70% for business in 2012, you could only deduct $5,017. Prorate amounts for vehicles first leased after January 1
of the year. Note. Most tax preparation software will make the adjustment when you enter the lease inclusion amount for the year.
Inclusion Amounts for Trucks and Vans First Leased in 2012
Notes-„
„
There are two tables, one for autos (reproduced above) and one for trucks and vans (below) Please see the definition of
trucks and vans in Note 1, above.
The IRS tables go to $250,000. We've only included values up to $80,000.
Fair Market Value
Over
Not Over
$19,000
19,500
19,500
20,000
20,000
20,500
20,500
21,000
21,000
21,500
21,500
22,000
22,000
23,000
23,000
24,000
24,000
25,000
25,000
26,000
26,000
27,000
27,000
28,000
28,000
29,000
29,000
30,000
30,000
31,000
31,000
32,000
32,000
33,000
33,000
34,000
34,000
35,000
35,000
36,000
36,000
37,000
37,000
38,000
38,000
39,000
39,000
40,000
40,000
41,000
41,000
42,000
42,000
43,000
43,000
44,000
44,000
45,000
45,000
46,000
46,000
47,000
47,000
48,000
48,000
49,000
49,000
50,000
50,000
51,000
51,000
52,000
52,000
53,000
53,000
54,000
54,000
55,000
55,000
56,000
56,000
57,000
57,000
58,000
1st
1
2
2
2
3
3
3
4
4
5
6
6
7
7
8
9
9
10
10
11
12
12
13
33
14
14
15
16
16
17
17
18
19
19
20
20
21
21
22
23
23
24
Tax Year of Lease
2nd
3rd
4th
4
5
6
4
6
7
5
7
8
5
8
10
6
9
10
6
10
12
8
11
14
9
13
16
10
15
19
11
17
21
12
19
23
14
21
25
15
23
27
17
24
30
18
26
32
19
28
34
20
31
36
21
33
39
23
34
41
24
36
44
25
38
46
27
40
48
28
42
50
29
44
53
31
45
55
32
48
57
33
50
59
34
52
61
36
53
64
37
55
66
38
58
68
40
59
70
41
61
73
42
63
75
43
65
78
45
66
80
46
68
83
48
70
84
49
72
87
50
74
89
51
76
92
52
78
94
http://www.smbiz.com/sbrl003.html
5th
7
9
10
11
13
14
15
18
21
24
26
29
32
34
37
40
42
44
48
50
53
55
58
60
63
66
69
72
74
77
79
82
84
87
89
93
95
98
100
103
105
108
11/26/2012
Small Business Taxes & Management
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
24
25
26
27
28
29
30
32
33
34
35
36
38
41
54
55
57
60
62
65
67
70
72
75
78
80
85
91
80
82
85
88
93
96
100
103
108
111
115
119
125
135
Page 10 of 27
96
98
101
106
110
115
120
125
129
134
138
143
151
163
111
114
118
123
128
134
139
144
149
155
160
165
175
187
Inclusion Amounts for Autos First Leased in 2011
Notes-„
„
„
z
There are two tables, one for autos (reproduced here) and one for trucks and vans (see below).
The IRS tables go to $240,000. We've only included values up to $120,000 for autos; $80,000 for trucks and vans.
Besides the amounts in the tables below and additional amount may be includable in income if the business use of the auto is
or falls to 50% or less. See IRS Publication 946 for a worksheet and percentage table.
You can view the complete tables in Rev. Proc. 2011-21 . See below for an example.
Fair Market Value
Over
Not Over
$18,500
19,000
19,000
19,500
19,500
20,000
20,000
20,500
20,500
21,000
21,000
21,500
21,500
22,000
22,000
23,000
23,000
24,000
24,000
25,000
25,000
26,000
26,000
27,000
27,000
28,000
28,000
29,000
29,000
30,000
30,000
31,000
31,000
32,000
32,000
33,000
33,000
34,000
34,000
35,000
35,000
36,000
36,000
37,000
37,000
38,000
38,000
39,000
39,000
40,000
40,000
41,000
41,000
42,000
42,000
43,000
43,000
44,000
44,000
45,000
45,000
46,000
46,000
47,000
47,000
48,000
48,000
49,000
49,000
50,000
50,000
51,000
51,000
52,000
52,000
53,000
53,000
54,000
54,000
55,000
55,000
56,000
56,000
57,000
1st
3
4
4
5
5
6
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
Tax Year
2nd
8
9
10
11
12
13
14
16
18
20
23
25
27
29
31
34
36
38
40
42
45
47
49
51
53
56
58
60
62
64
67
69
71
73
76
78
80
82
84
87
89
91
http://www.smbiz.com/sbrl003.html
of Lease
3rd
4th
11
13
13
15
15
17
16
19
18
21
19
24
21
26
23
29
27
32
30
36
33
40
36
44
40
48
43
52
47
55
49
60
53
63
56
68
60
71
63
75
66
79
69
83
73
87
76
91
80
94
82
99
86
102
89
107
93
110
96
114
98
119
102
122
105
127
109
130
111
134
115
138
118
142
122
146
125
150
128
153
131
158
135
161
5th
16
18
20
23
25
26
29
32
37
42
46
51
55
60
65
69
73
77
82
87
91
96
100
105
110
114
119
123
128
133
137
141
145
150
155
159
164
168
173
178
182
187
11/26/2012
Small Business Taxes & Management
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
120,000
42
43
44
46
48
50
52
54
56
58
60
62
64
67
72
77
82
90
100
93
95
98
101
105
109
114
118
123
127
132
136
140
148
159
170
181
198
220
138
142
144
149
156
163
169
176
182
189
195
202
209
220
237
253
269
293
326
Page 11 of 27
166
169
174
179
187
195
203
211
218
226
234
242
250
264
283
303
323
352
391
191
196
200
207
216
225
234
243
253
262
270
279
288
304
327
350
372
406
452
Example--On January 1, 2011 your business enters into a lease for an auto with a fair market value of $51,500. Your annual
payments are $7,188. For 2011 the business can only deduct $7,152 ($7,188 less $36, from the table above). (For 2012, you can
only deduct $7,108, $7,188 less $80.) If the car is used less than 100% for business, you cannot deduct any lease payments related
to the nonbusiness portion. But you also reduce the annual inclusion amount by the personal usage. For example, if the car above
were used only 70% for business in 2011, you could only deduct $5,007 ($5,032 less $25; both amounts are multiplied by 0.7).
Prorate amounts for vehicles first leased after January 1 of the year. Note. Most tax preparation software will make the adjustment
when you enter the lease inclusion amount for the year.
Inclusion Amounts for Trucks and Vans First Leased in 2011
Notes-„
„
There are two tables, one for autos (reproduced above) and one for trucks and vans (below) Please see the definition of
trucks and vans in Note 1, above.
The IRS tables go to $250,000. We've only included values up to $80,000.
Fair Market Value
Over
Not Over
$19,000
19,500
19,500
20,000
20,000
20,500
20,500
21,000
21,000
21,500
21,500
22,000
22,000
23,000
23,000
24,000
24,000
25,000
25,000
26,000
26,000
27,000
27,000
28,000
28,000
29,000
29,000
30,000
30,000
31,000
31,000
32,000
32,000
33,000
33,000
34,000
34,000
35,000
35,000
36,000
36,000
37,000
37,000
38,000
38,000
39,000
39,000
40,000
40,000
41,000
41,000
42,000
42,000
43,000
43,000
44,000
44,000
45,000
1st
3
3
4
4
5
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Tax Year of Lease
2nd
3rd
4th
7
9
12
8
11
14
9
13
15
10
15
17
11
16
20
12
18
22
14
20
24
16
24
28
18
27
32
20
31
36
23
33
40
25
37
43
27
40
48
29
43
52
31
47
56
34
49
60
36
53
63
38
56
68
40
60
71
43
62
76
45
66
79
47
69
83
49
73
87
51
76
91
54
79
95
56
82
99
58
86
103
60
89
107
62
93
110
http://www.smbiz.com/sbrl003.html
5th
13
15
18
20
22
24
29
32
37
41
46
51
55
60
64
69
74
78
83
87
92
97
101
105
109
114
118
123
128
11/26/2012
Small Business Taxes & Management
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
45
47
49
51
53
55
57
59
61
63
65
67
69
71
73
76
78
80
82
84
87
89
91
93
95
99
103
107
112
116
121
125
129
134
138
95
99
102
106
109
112
115
118
122
125
128
131
135
138
142
146
153
160
166
173
179
186
192
198
205
Page 12 of 27
115
118
123
126
130
134
138
143
146
150
154
158
162
166
169
175
183
191
199
206
214
222
231
239
246
132
137
141
146
151
155
160
164
169
173
177
182
186
191
196
203
212
221
229
239
248
257
266
275
285
Inclusion Amounts for Autos First Leased in 2010
Notes-„
„
„
z
There are two tables, one for autos (reproduced here) and one for trucks and vans (see below).
The IRS tables go to $240,000. We've only included values up to $120,000 for autos; $80,000 for trucks and vans.
Besides the amounts in the tables below and additional amount may be includable in income if the business use of the auto is
or falls to 50% or less. See IRS Publication 946 for a worksheet and percentage table.
You can view the complete tables in Rev. Proc. 2010-18 (IRB 2010-9). See below for an example.
Fair Market Value
Over
Not Over
$18,500
19,000
19,000
19,500
19,500
20,000
20,000
20,500
20,500
21,000
21,000
21,500
21,500
22,000
22,000
23,000
23,000
24,000
24,000
25,000
25,000
26,000
26,000
27,000
27,000
28,000
28,000
29,000
29,000
30,000
30,000
31,000
31,000
32,000
32,000
33,000
33,000
34,000
34,000
35,000
35,000
36,000
36,000
37,000
37,000
38,000
38,000
39,000
39,000
40,000
40,000
41,000
41,000
42,000
42,000
43,000
43,000
44,000
44,000
45,000
45,000
46,000
46,000
47,000
47,000
48,000
48,000
49,000
1st
7
8
9
10
11
12
13
14
16
18
20
22
24
26
28
30
32
34
36
38
40
42
44
46
48
50
52
54
56
58
60
61
63
65
Tax Year
2nd
15
17
19
21
23
26
28
31
36
40
44
49
53
57
61
66
70
74
79
83
87
92
96
100
105
109
113
118
122
126
131
135
140
144
http://www.smbiz.com/sbrl003.html
of Lease
3rd
4th
22
26
25
30
29
34
32
38
35
42
38
45
41
50
46
56
52
63
59
71
66
78
71
86
78
94
85
101
92
109
97
117
104
125
111
132
117
140
123
148
130
156
136
163
143
170
149
179
155
186
162
194
169
201
174
210
181
217
188
225
194
232
201
240
207
248
213
256
5th
31
35
39
44
48
53
57
63
73
81
90
100
108
118
126
135
144
153
161
171
179
188
198
206
215
224
233
241
251
259
269
277
286
295
11/26/2012
Small Business Taxes & Management
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
120,000
67
69
71
73
75
77
79
81
83
85
87
90
94
98
102
106
110
114
118
122
126
132
142
152
162
177
196
148
153
157
161
166
170
174
178
183
187
191
198
207
215
224
232
241
250
258
267
276
291
313
334
356
388
432
220
226
232
239
245
252
258
265
271
278
284
294
306
320
332
346
358
371
384
396
409
432
464
497
528
577
641
Page 13 of 27
263
271
279
287
294
302
310
318
325
333
341
352
368
382
398
413
429
444
460
476
491
518
556
594
634
691
768
304
313
322
331
340
348
358
366
375
384
393
406
424
443
460
478
496
513
531
549
566
598
643
687
731
798
887
Example--On January 1, 2010 your business enters into a lease for an auto with a fair market value of $51,500. Your annual
payments are $7,188. For 2010 the business can only deduct $7,117 ($7,188 less $71). (For 2011, you can only deduct $7,031,
$7,188 less $157.) If the car is used less than 100% for business, you cannot deduct any lease payments related to the nonbusiness
portion. But you also reduce the annual inclusion amount by the personal usage. For example, if the car above were used only 70%
for business in 2010, you could only deduct $4,982 ($5,032 less $50; both amounts are multiplied by 0.7). Prorate amounts for
vehicles first leased after January 1 of the year. Note. Most tax preparation software will make the adjustment when you enter the
lease inclusion amount for the year.
Inclusion Amounts for Trucks and Vans First Leased in 2010
Notes-„
„
For 2010 there are two tables, one for autos (reproduced above) and one for trucks and vans (below) Please see the
definition of trucks and vans in Note 1, above.
The IRS tables go to $250,000. We've only included values up to $80,000.
Fair Market Value
Over
Not Over
$19,000
19,500
19,500
20,000
20,000
20,500
20,500
21,000
21,000
21,500
21,500
22,000
22,000
23,000
23,000
24,000
24,000
25,000
25,000
26,000
26,000
27,000
27,000
28,000
28,000
29,000
29,000
30,000
30,000
31,000
31,000
32,000
32,000
33,000
33,000
34,000
34,000
35,000
35,000
36,000
36,000
37,000
1st
7
8
9
10
11
12
13
15
17
19
21
23
25
27
29
31
33
35
37
39
41
Tax Year
2nd
15
17
19
21
23
25
29
33
37
42
46
50
55
59
63
68
72
76
81
85
89
http://www.smbiz.com/sbrl003.html
of Lease
3rd
4th
21
26
25
29
28
33
31
37
35
41
38
45
42
51
49
58
56
66
62
73
68
82
75
89
81
97
88
104
94
113
100
120
107
127
114
135
119
143
126
151
133
158
5th
29
34
38
43
47
51
58
67
76
85
93
103
111
121
129
138
148
156
165
174
183
11/26/2012
Small Business Taxes & Management
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
43
45
47
49
51
53
55
57
59
60
62
64
66
68
70
72
74
76
78
80
82
84
86
89
93
97
101
105
109
113
117
121
125
94
98
102
106
111
115
119
124
128
133
137
142
146
150
154
159
163
167
172
176
180
185
189
195
204
213
221
230
239
247
256
264
273
139
145
152
159
164
171
178
184
190
197
203
209
216
223
229
235
242
249
254
261
268
274
280
291
303
315
329
341
354
367
380
393
406
Page 14 of 27
166
174
182
189
198
205
213
220
228
235
244
251
259
266
275
282
290
297
305
313
320
328
336
347
363
379
394
410
424
440
455
471
486
191
201
209
218
227
236
245
254
263
272
280
290
298
308
316
325
334
343
352
361
370
378
388
401
418
436
454
472
490
508
526
543
561
Inclusion Amounts for Autos First Leased in 2009
Notes-„
„
„
z
There are two tables, one for autos (reproduced here) and one for trucks and vans (see below).
The IRS tables go to $240,000. We've only included values up to $120,000 for autos; $80,000 for trucks and vans.
Besides the amounts in the tables below and additional amount may be includable in income if the business use of the auto is
or falls to 50% or less. See IRS Publication 946 for a worksheet and percentage table.
You can view the complete tables in Rev. Proc. 2009-24. The Revenue Procedure will appear in IRB 2009-16. See below for
an example.
Fair Market Value
Over
Not Over
$18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
$19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
1st
9
10
11
12
13
15
16
17
20
22
24
26
29
31
33
35
38
40
42
44
47
49
51
53
Tax Year of Lease
2nd
3rd
4th
19
21
24
27
29
31
34
38
42
47
52
58
62
67
72
77
82
87
92
97
102
107
112
117
http://www.smbiz.com/sbrl003.html
28
32
36
39
43
47
50
56
64
71
78
85
93
100
108
115
122
129
137
144
151
159
166
173
34
38
42
46
51
55
60
66
75
84
93
101
110
119
128
137
146
155
163
172
181
189
199
208
5th
38
43
48
54
58
64
68
76
86
96
107
117
127
138
147
157
167
178
188
199
208
219
228
239
11/26/2012
Small Business Taxes & Management
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
120,000
56
58
60
62
65
67
69
71
74
76
78
80
83
85
87
89
92
94
96
98
101
104
109
113
118
122
127
131
136
140
145
152
164
175
186
203
226
122
127
132
137
141
146
151
157
161
166
171
176
181
186
191
196
201
206
211
216
221
228
238
248
258
268
277
288
297
207
317
335
359
384
409
446
495
Page 15 of 27
180
188
195
203
210
218
225
232
240
247
255
262
269
276
284
291
298
306
313
320
327
339
353
368
382
397
413
427
442
457
471
497
534
570
607
662
736
216
225
234
242
252
260
269
278
286
296
304
313
322
331
339
349
357
365
375
384
393
406
424
441
459
476
493
511
529
546
564
595
639
683
727
793
881
250
259
269
280
290
300
311
320
331
340
351
361
371
381
391
401
412
423
432
442
452
467
488
509
529
550
570
590
610
631
651
686
737
789
839
916
1,018
Example--On January 1, 2009 your business enters into a lease for an auto with a fair market value of $51,500. Your annual
payments are $7,188. For 2009 the business can only deduct $7,105 ($7,188 less $83). (For 2009, you can only deduct $7,007,
$7,188 less $181.) If the car is used less than 100% for business, you cannot deduct any lease payments related to the nonbusiness
portion. But you also reduce the annual inclusion amount by the personal usage. For example, if the car above were used only 70%
for business in 2009, you could only deduct $4,974 ($5,032 less $58; both amounts are multiplied by 0.7). Prorate amounts for
vehicles first leased after January 1 of the year. Note. Most software programs will make the adjustment when you enter the lease
inclusion amount for the year.
Inclusion Amounts for Trucks and Vans First Leased in 2009
Notes-„
„
For 2009 there are two tables, one for autos (reproduced above) and one for trucks and vans (below) Please see the
definition of trucks and vans in Note 1, above.
The IRS tables go to $250,000. We've only included values up to $80,000.
Fair Market Value
Over
Not Over
$18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
1st
8
9
10
11
12
13
15
16
18
21
Tax Year of Lease
2nd
3rd
4th
17
19
22
25
27
30
32
36
41
45
http://www.smbiz.com/sbrl003.html
25
29
33
36
40
43
47
52
60
68
30
35
38
43
48
52
56
64
72
81
5th
35
40
45
50
55
60
66
72
83
93
11/26/2012
Small Business Taxes & Management
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
23
25
27
30
32
34
36
39
41
43
45
48
50
52
55
57
59
61
64
66
68
70
73
75
77
79
82
84
86
88
91
93
95
97
100
103
107
112
116
121
125
130
134
139
143
50
56
61
65
70
75
80
85
90
95
100
105
110
115
120
125
130
135
139
144
149
155
159
164
169
174
179
184
189
194
199
204
209
214
219
226
236
246
256
266
276
286
296
305
316
75
82
89
97
104
112
119
126
134
141
148
155
163
170
177
185
192
199
207
215
222
229
237
244
251
259
266
273
281
288
295
302
310
317
324
336
351
365
380
394
409
423
438
454
467
Page 16 of 27
90
98
107
116
125
134
143
151
160
169
178
187
195
204
213
221
231
240
249
257
266
274
283
292
301
310
318
328
336
345
354
363
371
381
389
402
420
438
455
473
491
509
526
543
561
103
114
124
134
144
154
164
175
184
195
205
215
226
236
246
256
266
276
286
296
307
317
327
338
348
357
368
378
388
399
408
419
429
439
450
465
485
505
526
546
566
586
607
627
648
Inclusion Amounts for Autos First Leased in 2008
Notes-„
„
„
For 2008 there are two tables, one for autos (reproduced here) and one for trucks and vans (see below).
Besides the amounts in the tables below and additional amount may be includable in income if the business use of the auto is
or falls to 50% or less. See IRS Publication 946 for a worksheet and percentage table.
The IRS tables go to $240,000. We've only included values up to $120,000 for autos; $80,000 for trucks and vans. You can
view the complete tables in Rev. Proc. 2008-22. Go to Internal Revenue Bulletin 2008-12 to download the bulletin. See
below for an example.
Fair Market Value
Over
Not Over
$18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
$19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
1st
20
22
25
27
30
32
34
38
43
48
53
58
Tax Year of Lease
2nd
3rd
4th
42
47
53
58
63
69
75
83
94
105
115
126
http://www.smbiz.com/sbrl003.html
62
71
78
87
95
103
111
123
139
155
172
188
73
83
93
102
112
122
131
146
165
185
204
223
5th
84
94
106
117
128
139
151
167
190
212
235
257
11/26/2012
Small Business Taxes & Management
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
120,000
63
68
73
78
83
88
93
98
103
108
113
118
123
128
133
137
142
147
152
157
162
167
172
177
182
187
192
197
202
207
212
217
222
229
239
249
259
269
279
289
299
309
319
336
361
386
410
448
497
137
148
159
170
181
192
202
213
224
235
246
257
268
279
289
301
312
323
333
344
355
366
377
388
399
410
420
431
442
453
464
475
486
502
524
546
567
589
611
633
654
676
698
736
791
845
900
981
1,090
204
220
236
252
268
284
301
317
333
349
365
381
397
413
430
446
462
478
495
511
527
543
559
575
591
607
624
640
657
673
689
705
721
746
778
810
843
875
907
939
972
1,004
1,036
1,093
1,173
1,255
1,335
1,457
1,619
Page 17 of 27
243
262
282
301
321
340
359
379
398
418
437
457
476
495
515
534
553
573
592
611
631
650
670
689
709
728
747
767
785
805
824
844
863
892
931
970
1,008
1,047
1,086
1,125
1,164
1,203
1,242
1,309
1,406
1,503
1,600
1,745
1,939
279
302
324
347
368
391
414
436
459
481
503
525
548
571
593
615
638
659
682
705
727
750
772
794
816
839
862
884
906
928
951
973
996
1,029
1,074
1,118
1,164
1,209
1,253
1,298
1,342
1,387
1,432
1,511
1,623
1,734
1,846
2,014
2,238
Example--On January 1, 2008 your business enters into a lease for an auto with a fair market value of $51,500. Your annual
payments are $7,188. For 2008 the business can only deduct $7,006 ($7,188 less $182). (For 2009, you can only deduct $6,789,
$7,188 less $399.) If the car is used less than 100% for business, you cannot deduct any lease payments related to the nonbusiness
portion. But you also reduce the annual inclusion amount by the personal usage. For example, if the car above were used only 70%
for business in 2008, you could only deduct $4,905 ($5,032 less $127; both amounts are multiplied by 0.7). Prorate amounts for
vehicles first leased after January 1 of the year.
Inclusion Amounts for Trucks and Vans First Leased in 2008
Notes-„
„
For 2008 there are two tables, one for autos (reproduced above) and one for trucks and vans (below) Please see the
definition of trucks and vans in Note 1, above.
The IRS tables go to $250,000. We've only included values up to $80,000.
Fair Market Value
Over
Not Over
1st
Tax Year of Lease
2nd
3rd
4th
http://www.smbiz.com/sbrl003.html
5th
11/26/2012
Small Business Taxes & Management
$19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
17
20
22
25
27
30
33
38
43
48
53
58
63
68
73
78
83
88
93
98
103
108
113
118
123
128
133
137
142
147
152
157
162
167
172
177
182
187
192
197
202
207
212
217
224
234
244
254
264
274
284
294
304
314
37
42
48
53
59
64
72
83
94
105
116
127
138
148
159
170
181
192
203
214
225
235
246
257
268
279
290
301
312
323
334
345
356
366
377
388
399
410
421
432
443
453
464
475
492
513
535
557
579
600
622
644
666
687
Page 18 of 27
54
63
70
79
86
95
107
123
139
155
171
187
204
221
237
253
269
285
301
317
333
350
366
382
398
414
430
447
463
479
495
511
527
544
560
576
592
608
624
640
656
673
689
705
729
762
794
826
858
892
924
956
988
1,021
65
73
84
93
103
112
128
147
166
186
205
225
243
263
282
301
321
340
360
379
399
418
437
457
476
496
515
534
553
573
592
612
631
651
670
689
709
728
748
767
787
806
825
845
874
913
951
990
1,029
1,067
1,106
1,145
1,184
1,222
73
85
96
107
118
130
146
168
191
213
236
258
280
302
325
348
370
393
414
437
459
482
505
526
549
571
594
616
639
661
684
705
728
750
773
796
817
840
862
885
907
929
952
974
1,008
1,052
1,098
1,142
1,187
1,232
1,276
1,321
1,366
1,411
Inclusion Amounts for Autos First Leased in 2007
Notes-„
„
„
For 2007 there are two tables, one for autos (reproduced here) and one for trucks and vans (see below).
Besides the amounts in the tables below and additional amount may be includable in income if the business use of the auto is
or falls to 50% or less. See IRS Publication 946 for a worksheet and percentage table.
The IRS tables go to $240,000. We've only included values up to $120,000 for autos; $80,000 for trucks and vans. You can
view the complete tables in Rev. Proc. 2007-30; IRB 2007-18. Go to Internal Revenue Bulletin 2007-18 to download the
bulletin. See below for an example.
Fair Market Value
Over
Not Over
$15,500
$15,800
1st
2
Tax Year of Lease
2nd
3rd
4th
5
http://www.smbiz.com/sbrl003.html
11
11
5th
13
11/26/2012
Small Business Taxes & Management
15,800
16,100
16,400
16,700
17,000
17,500
18,000
18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
16,100
16,400
16,700
17,000
17,500
18,000
18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
120,000
4
6
9
11
13
17
20
24
27
30
34
37
41
44
49
56
63
70
77
83
90
97
104
111
118
125
131
138
145
152
159
166
172
179
186
193
200
207
213
220
227
234
241
248
254
261
268
275
282
289
296
302
313
326
340
354
367
381
395
408
422
436
460
494
528
562
614
682
10
14
18
23
29
37
44
51
59
67
74
82
89
97
108
123
138
153
168
183
198
213
228
243
258
273
288
303
318
333
348
363
378
393
408
423
438
453
468
483
498
513
528
543
558
573
588
603
618
633
648
663
685
716
746
775
806
836
865
896
926
955
1,008
1,083
1,158
1,233
1,346
1,496
17
24
31
37
46
56
68
80
90
101
113
123
135
146
163
185
207
229
251
274
296
318
341
363
385
407
430
452
474
496
519
541
564
586
608
630
652
674
697
719
742
746
786
808
831
853
875
897
920
942
964
987
1,020
1,064
1,108
1,154
1,198
1,242
1,287
1,331
1,376
1,421
1,498
1,610
1,721
1,833
1,999
2,222
Page 19 of 27
19
28
35
43
54
68
81
94
108
121
134
148
161
174
194
221
248
275
302
328
355
382
408
435
461
488
515
542
568
595
621
648
674
701
728
755
782
809
835
862
888
915
942
969
995
1,022
1,049
1,076
1,102
1,128
1,155
1,182
1,222
1,276
1,329
1,382
1,435
1,489
1,543
1,596
1,649
1,703
1,796
1,929
2,063
2,196
2,396
2,663
22
31
41
50
62
77
93
108
124
139
154
170
185
201
224
255
285
316
347
378
409
439
470
501
532
563
593
624
656
686
717
748
779
810
840
871
902
933
964
995
1,025
1,056
1,087
1,117
1,148
1,179
1,210
1,241
1,271
1,303
1,334
1,364
1,411
1,472
1,534
1,595
1,657
1,719
1,780
1,842
1,903
1,965
2,074
2,228
2,382
2,536
2,767
3,075
Example--On January 1, 2007 your business enters into a lease for an auto with a fair market value of $51,500. Your annual
payments are $7,188. For 2007 the business can only deduct $6,940 ($7,188 less $248). (For 2008, you can only deduct $6,645,
$7,188 less $543.) If the car is used less than 100% for business, you cannot deduct any lease payments related to the nonbusiness
portion. But you also reduce the annual inclusion amount by the personal usage. For example, if the car above were used only 70%
http://www.smbiz.com/sbrl003.html
11/26/2012
Small Business Taxes & Management
Page 20 of 27
for business in 2007, you could only deduct $4,858 ($5,032 less $174; both amounts are multiplied by 0.7). Prorate amounts for
vehicles first leased after January 1 of the year.
Inclusion Amounts for Trucks and Vans First Leased in 2007
Notes-„
„
For 2007 there are two tables, one for autos (reproduced above) and one for trucks and vans (below) Please see the
definition of trucks and vans in Note 1, above.
The IRS tables go to $250,000. We've only included values up to $80,000.
Fair Market Value
Over
Not Over
$16,400
16,700
17,000
17,500
18,000
18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
$16,700
17,000
17,500
18,000
18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
1st
2
4
6
10
13
17
20
24
27
30
34
37
42
49
56
63
70
77
83
90
97
104
111
118
125
131
138
145
152
159
166
172
179
186
193
200
207
213
220
227
234
241
248
254
261
268
275
282
289
296
306
319
333
347
361
374
Tax Year of Lease
2nd
3rd
4th
4
9
15
22
30
37
45
52
60
67
75
82
94
109
123
138
153
168
184
199
214
228
243
258
273
289
304
318
333
348
363
379
394
409
423
438
453
469
484
499
514
528
543
559
574
589
604
618
633
648
671
701
731
761
791
821
8
15
24
35
46
57
68
80
90
102
113
124
140
163
186
208
230
252
274
296
318
342
364
386
408
430
452
475
497
520
542
563
586
608
631
653
675
697
719
741
764
787
809
831
853
875
897
920
943
965
998
1,043
1,087
1,131
1,176
1,221
http://www.smbiz.com/sbrl003.html
10
17
28
42
55
69
82
95
109
122
135
149
169
195
222
249
276
302
329
356
383
408
435
462
489
515
542
569
596
622
649
676
702
729
756
783
810
836
863
890
916
943
969
996
1,023
1,050
1,076
1,103
1,129
1,156
1,196
1,249
1,303
1,357
1,410
1,463
5th
11
21
33
48
64
79
94
109
125
141
156
171
194
225
256
286
317
349
379
410
440
472
503
534
564
595
626
657
688
718
749
780
811
842
872
903
934
965
996
1,026
1,057
1,088
1,119
1,150
1,180
1,211
1,243
1,273
1,304
1,335
1,381
1,443
1,504
1,566
1,627
1,689
11/26/2012
Small Business Taxes & Management
72,000
74,000
76,000
78,000
74,000
76,000
78,000
80,000
388
402
415
429
851
881
911
941
1,265
1,309
1,354
1,399
Page 21 of 27
1,517
1,570
1,624
1,676
1,751
1,813
1,874
1,936
Inclusion Amounts for Autos First Leased in 2006
Notes-„
„
„
For 2006 there are two tables, one for autos (reproduced here) and one for trucks and vans (see below).
Besides the amounts in the tables below and additional amount may be includable in income if the business use of the auto is
or falls to 50% or less. See IRS Publication 946 for a worksheet and percentage table.
The IRS tables go to $240,000. We've only included values up to $120,000 for autos; $80,000 for trucks and vans. You can
view the complete tables in Rev. Proc. 2006-18; IRB 2006-12. Go to Internal Revenue Bulletin 2006-12 to download the
bulletin. See below for an example.
Fair Market Value
Over
Not Over
1st
$15,200
15,500
15,800
16,100
16,400
16,700
17,000
17,500
18,000
18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
4
6
8
9
11
13
16
19
23
26
29
32
36
39
42
45
50
57
63
70
76
83
90
96
103
109
116
122
129
135
142
148
155
161
168
175
181
188
194
201
207
214
220
227
233
240
246
253
259
266
273
279
$15,500
15,800
16,100
16,400
16,700
17,000
17,500
18,000
18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
Tax Year of Lease
2nd
3rd
4th
6
10
15
19
24
28
34
41
48
55
62
70
76
84
91
98
109
123
138
152
166
181
195
209
223
238
252
267
281
295
309
324
338
353
367
381
396
410
424
438
453
467
482
496
510
525
539
553
568
582
596
611
http://www.smbiz.com/sbrl003.html
10
16
22
29
35
42
50
61
71
82
93
103
114
124
135
146
162
183
204
225
247
268
289
311
332
353
374
395
417
439
460
481
502
523
545
566
587
608
630
651
672
694
715
736
758
778
800
821
842
864
885
906
10
18
25
33
40
48
58
71
84
96
109
122
135
148
160
173
192
218
243
269
294
319
345
371
397
422
448
473
498
523
549
575
601
626
651
677
702
728
753
779
805
830
855
881
906
932
958
984
1,009
1,034
1,060
1,085
5th
10
18
28
36
45
53
66
80
95
110
125
139
154
168
184
198
220
250
279
309
339
368
397
426
455
485
515
545
574
604
633
662
691
721
750
780
810
839
869
898
927
956
986
1,016
1,045
1,075
1,104
1,133
1,163
1,192
1,221
1,251
11/26/2012
Small Business Taxes & Management
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
85,000
90,000
95,000
100,000
110,000
120,000
286
292
302
315
328
341
354
367
380
393
407
420
443
475
508
541
590
655
625
639
661
690
718
747
776
804
833
862
890
919
969
1,041
1,112
1,184
1,291
1,435
927
949
981
1,023
1,066
1,108
1,151
1,194
1,236
1,278
1,321
1,363
1,438
1,544
1,651
1,757
1,917
2,130
Page 22 of 27
1,111
1,136
1,174
1,225
1,276
1,328
1,378
1,429
1,481
1,532
1,583
1,634
1,723
1,851
1,978
2,106
2,297
2,552
1,281
1,311
1,354
1,413
1,473
1,531
1,590
1,649
1,707
1,767
1,825
1,884
1,987
2,135
2,282
2,429
2,650
2,944
Example--On January 1, 2006 your business enters into a lease for an auto with a fair market value of $50,500. Your annual
payments are $7,188. For 2006 the business can only deduct $6,955 ($7,188 less $233). (For 2007, you can only deduct $6,678,
$7,188 less $510.) If the car is used less than 100% for business, you cannot deduct any lease payments related to the nonbusiness
portion. But you also reduce the annual inclusion amount by the personal usage. For example, if the car above were used only 70%
for business in 2006, you could only deduct $4,869 ($5,032 less $163; both amounts are multiplied by 0.7). Prorate amounts for
vehicles first leased after January 1 of the year.
Inclusion Amounts for Trucks and Vans First Leased in 2006
Notes-„
„
For 2006 there are two tables, one for autos (reproduced above) and one for trucks and vans (below) Please see the
definition of trucks and vans in Note 1, above
The IRS tables go to $250,000. We've only included values up to $80,000.
Fair Market Value
Over
Not Over
$16,700
17,000
17,500
18,000
18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
$17,000
17,500
18,000
18,500
19,000
19,500
20,000
20,500
21,000
21,500
22,000
23,000
24,000
25,000
26,000
27,000
28,000
29,000
30,000
31,000
32,000
33,000
34,000
35,000
36,000
37,000
38,000
39,000
40,000
41,000
1st
4
6
9
13
16
19
23
26
29
32
36
41
47
54
60
67
73
80
86
93
99
106
112
119
125
132
139
145
152
158
Tax Year of Lease
2nd
3rd
4th
8
14
21
28
36
43
50
57
64
72
78
89
104
118
132
146
161
175
190
204
219
233
247
261
276
290
304
319
333
347
http://www.smbiz.com/sbrl003.html
12
20
31
42
52
63
73
84
95
105
116
132
153
174
196
217
238
260
281
302
323
344
366
387
408
430
451
472
493
515
14
24
37
49
62
75
88
101
113
126
139
158
183
209
235
261
286
311
336
362
388
413
439
465
490
515
541
566
592
618
5th
16
29
43
58
72
87
102
116
131
146
161
183
213
242
271
300
330
359
389
418
447
478
506
536
566
595
624
654
684
712
11/26/2012
Small Business Taxes & Management
41,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
42,000
43,000
44,000
45,000
46,000
47,000
48,000
49,000
50,000
51,000
52,000
53,000
54,000
55,000
56,000
57,000
58,000
59,000
60,000
62,000
64,000
66,000
68,000
70,000
72,000
74,000
76,000
78,000
80,000
165
171
178
184
191
197
204
210
217
224
230
237
243
250
256
263
269
276
282
292
305
318
331
344
358
371
384
397
410
362
376
390
405
419
434
448
462
476
490
505
519
534
548
563
577
591
605
620
641
670
699
728
756
784
813
842
871
899
536
557
579
600
621
642
663
685
707
728
749
770
791
813
833
855
877
898
919
951
994
1,036
1,078
1,121
1,164
1,206
1,249
1,291
1,334
Page 23 of 27
642
669
694
719
745
770
796
822
847
872
898
924
949
974
1,000
1,025
1,051
1,077
1,102
1,141
1,191
1,242
1,293
1,345
1,395
1,447
1,497
1,548
1,600
743
772
801
831
860
890
919
948
977
1,008
1,037
1,066
1,096
1,125
1,155
1,184
1,213
1,243
1,272
1,316
1,375
1,435
1,494
1,552
1,612
1,670
1,729
1,788
1,846
Vehicles Qualifying for New Energy Tax Credit and Alternative Energy Credit
The Energy Policy Act of 2005 provides a credit for gas-hybrid cars based on their fuel efficiency and emissions. The credit
applies to vehicles purchased on or after January 1, 2006 and may be as much as $3,400 for the most fuel-efficient vehicles.
Taxpayers seeking the credit may want to buy early since the full credit is only available for a limited time. Taxpayers may claim
the full amount of the allowable credit up to the end of the first calendar quarter after the quarter in which the manufacturer records
its sale of the 60,000th vehicle. For the second and third calendar quarters after the quarter in which the 60,000th vehicle is sold,
taxpayers may claim 50 percent of the credit. For the fourth and fifth calendar quarters, taxpayers may claim 25 percent of the
credit. No credit is allowed after the fifth quarter.
In addition, certain vehicles will qualify for the alternative energy credit. These are vehicles that can only be operated on an
alternative fuel such as compressed natural gas.
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
z
2008 Saturn Vue Green Line--$1,550
2008 GMC Yukon Hyrbid 2WD and 4WD--$2,200
2008 Chevrolet Tahoe Hybrid 2WD and 4WD--$2,200
2008 Nissan Altima Hybrid--$2,350
2008 Toyota Prius Hybrid--$787.50-(1)
2008 Toyota Camry Hybrid--$650-(1)
2008 Toyota Highlander Hybrid 4WD--$650-(1)
2008 Lexus LS 600h L Hybrid--$450-(1)
2008 Lexus RX 400h 2WD and 4WD--$550-(1)
2008 Honda Civic GX (Compressed Natural Gas)--$4,000
2008 Honda Civic Hybrid CVT--$2,100-(1)
2008 Chevrolet Malibu Hybrid--$1,300
2008 Saturn Aura Hybrid--$1,300
2006 Honda FCX (Hydrogen)--$12,000
2005 Honda FCX (Hydrogen)--$12,000
2008 Mazda Tribute 2WD Hybrid--$3,000
2008 Mazda Tribute 4WD Hybrid--$2,200
2007 Saturn Aura Hybrid--$1,300
2008 Ford Escape 2WD Hybrid--$3,000
2008 Mercury Mariner 2WD Hybrid--$3,000
2008 Ford Escape 4WD Hybrid--$2,200
2008 Mercury Mariner 4WD Hybrid--$2,200
2007 Nissan Altima Hybrid--$2,350
2007 Honda Civic GX (Compressed Natural Gas)--$4,000
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11/26/2012