SECTION 2. BACKGROUND — Internal Revenue Bulletin 2005-12

For owners of passenger automobiles, § 280F(a) imposes dollar limitations on the depreciation deduction for the year that the passenger automobile is placed in service by the taxpayer and each succeeding year. In the case of electric automobiles placed in service after August 5, 1997, and before January 1, 2007, § 280F(a)(1)(C) requires tripling of these limitation amounts. Section 280F(d)(7) requires the amounts allowable as depreciation deductions to be increased by a price inflation adjustment amount for passenger automobiles placed in service after 1988. The method of calculating this price inflation amount for trucks and vans placed in service in or after calendar year 2003 uses a different CPI "automobile component" (the "new trucks" component) than that used in the price inflation amount calculation for other passenger automobiles (the "new cars" component), resulting in somewhat higher depreciation deductions for trucks and vans. This change reflects the higher rate of price inflation that trucks and vans have been subject to since 1988. For purposes of this revenue procedure, the term "trucks and vans" refers to passenger automobiles that are built on a truck chassis, including minivans and sport utility vehicles (SUVs) that are built on a truck chassis.
For leased passenger automobiles, § 280F(c) requires a reduction in the deduction allowed to the lessee of the passenger automobile. The reduction must be substantially equivalent to the limitations on the depreciation deductions imposed on owners of passenger automobiles. Under § 1.280F–7(a), this reduction requires the lessees to include in gross income an inclusion amount determined by applying a formula to the amount obtained from a table. There is a table for lessees of electric automobiles, a table for lessees of trucks and vans, and a table for all other passenger automobiles. Each table shows inclusion amounts for a range of fair market values

2005–12 I.R.B. 759 March 21, 2005

of the CPI was 112.4 for October 1987 and 143.1 for October 2004. The October 2004 index exceeded the October 1987 index by 30.7. The Service has, therefore, determined that the automobile price inflation adjustment for 2005 for trucks and vans is 27.31 percent (30.7/112.4 x 100%). This adjustment is applicable to all trucks and vans that are first placed in service in calendar year 2005. The dollar limitations in § 280F(a) must therefore be multiplied by a factor of 0.2731, and the resulting increases, after rounding to the nearest $100, are added to the 1988 limitations to give the depreciation limitations applicable to trucks and vans.

(2) Amount of the Limitation. For passenger automobiles placed in service by the taxpayer in calendar year 2005, Tables 1 through 3 contain the dollar amount of the depreciation limitation for each tax year. Use Table 1 for passenger automobiles placed in service by the taxpayer in calendar year 2005. Use Table 2 for trucks and vans placed in service by the taxpayer in calendar year 2005. Use Table 3 for electric automobiles placed in service by the taxpayer in calendar year 2005.

leasing a passenger automobile during calendar year 2005 must determine the inclusion amount that is added to gross income using the tables in section 4.03 of this revenue procedure. The inclusion amount is determined using Table 4 in the case of a passenger automobile (other than a truck, van, or electric automobile), Table 5 in the case of a truck or van, and Table 6 in the case of an electric automobile. In addition, the procedures of § 1.280F–7(a) must be followed.

Limitations on Depreciation Deductions for Certain Automobiles.

(1) Amount of the Inflation Adjustment. Under § 280F(d)(7)(B)(i), the automobile price inflation adjustment for any calendar year is the percentage (if any) by which the CPI automobile component for October of the preceding calendar year exceeds the CPI automobile component for October 1987. The term "CPI automobile component" is defined in § 280F(d)(7)(B)(ii) as the "automobile component" of the Consumer Price Index for all Urban Consumers published by the Department of Labor (the CPI). The new car component of the CPI was 115.2 for October 1987 and 133.0 for October 2004. The October 2004 index exceeded the October 1987 index by 17.8. The Service has,

therefore, determined that the automobile price inflation adjustment for 2005 for passenger automobiles (other than trucks and vans) is 15.45 percent (17.8/115.2 x 100%). This adjustment is applicable to all passenger automobiles (other than trucks and vans) that are first placed in service in calendar year 2005. The dollar limitations in § 280F(a) must therefore be multiplied by a factor of 0.1545, and the resulting increases, after rounding to the nearest $100, are added to the 1988 limitations to give the depreciation limitations applicable to passenger automobiles (other than trucks, vans, and electric automobiles) for calendar year 2005. To determine the dollar limitations applicable to an electric automobile first placed in service during calendar year 2005, the dollar limitations in § 280F(a) are tripled in accordance with § 280F(a)(1)(C) and are then multiplied by a factor of 0.1545; the resulting increases, after rounding to the nearest $100, are added to the tripled 1988 limitations to give the depreciation limitations for calendar year 2005. To determine the dollar limitations applicable to trucks and vans first placed in service during calendar year 2005, the new truck component of the CPI is used instead of the new car component. The new truck component

REV. PROC. 2005–13 TABLE 1

DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES PLACED IN SERVICE BY THE TAXPAYER DURING CALENDAR YEAR 2005

Tax Year Amount

1st Tax Year $2,960

2nd Tax Year $4,700

3rd Tax Year $2,850

Each Succeeding Year $1,675

REV. PROC. 2005–13 TABLE 2

DEPRECIATION LIMITATIONS FOR TRUCKS AND VANS PLACED IN SERVICE BY THE TAXPAYER DURING CALENDAR YEAR 2005

Tax Year Amount

1st Tax Year $3,260

2nd Tax Year $5,200

3rd Tax Year $3,150

Each Succeeding Year $1,875

March 21, 2005 760 2005–12 I.R.B.

REV. PROC. 2005–13 TABLE 3

DEPRECIATION LIMITATIONS FOR ELECTRIC AUTOMOBILES PLACED IN SERVICE BY THE TAXPAYER DURING CALENDAR YEAR 2005

Tax Year Amount

1st Tax Year $8,880

2nd Tax Year $14,200

3rd Tax Year $8,450

Each Succeeding Year $5,125

trucks and vans should use Table 5 of this revenue procedure and lessees of electric automobiles should use Table 6 of this revenue procedure.

Inclusions in Income of Lessees of Passenger Automobiles.

The inclusion amounts for passenger automobiles first leased in calendar year 2005 are calculated under the procedures

described in § 1.280F–7(a). Lessees of passenger automobiles other than trucks, vans, and electric automobiles should use Table 4 of this revenue procedure in applying these procedures, while lessees of

REV. PROC. 2005–13 TABLE 4
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS, VANS, OR ELECTRIC AUTOMOBILES)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2005

Fair Market Value of Passenger Automobile Over Not Over	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease
Fair Market Value of Passenger Automobile Over Not Over	1st	2nd	3rd	4th	5th & Later

REV. PROC. 2005–13 TABLE 4
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS, VANS, OR ELECTRIC AUTOMOBILES)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2005

$15,200 $15,500 3 6 9 11 13 15,500 15,800 4 9 13 17 19 15,800 16,100 5 12 18 22 26 16,100 16,400 7 15 22 27 32 16,400 16,700 8 18 27 32 39 16,700 17,000 9 21 32 38 44 17,000 17,500 11 25 38 45 52 17,500 18,000 14 30 45 54 63 18,000 18,500 16 35 52 63 73 18,500 19,000 18 40 60 72 83 19,000 19,500 20 46 67 80 94 19,500 20,000 23 50 75 90 104 20,000 20,500 25 55 82 99 115 20,500 21,000 27 61 89 108 125 21,000 21,500 30 65 97 117 135 21,500 22,000 32 70 105 125 146 22,000 23,000 35 78 116 139 161 23,000 24,000 40 88 131 156 182 24,000 25,000 44 98 146 175 202 25,000 26,000 49 108 161 192 223 26,000 27,000 54 118 175 211 244 27,000 28,000 58 128 191 228 265 28,000 29,000 63 138 205 247 285 29,000 30,000 67 149 220 264 306 30,000 31,000 72 159 234 283 326 31,000 32,000 77 168 250 300 348 32,000 33,000 81 179 265 318 367 33,000 34,000 86 189 279 336 389 34,000 35,000 90 199 295 354 409 35,000 36,000 95 209 309 372 430 36,000 37,000 99 219 325 389 451 37,000 38,000 104 229 339 408 471	$15,200 $15,500 3 6 9 11 13 15,500 15,800 4 9 13 17 19 15,800 16,100 5 12 18 22 26 16,100 16,400 7 15 22 27 32 16,400 16,700 8 18 27 32 39 16,700 17,000 9 21 32 38 44 17,000 17,500 11 25 38 45 52 17,500 18,000 14 30 45 54 63 18,000 18,500 16 35 52 63 73 18,500 19,000 18 40 60 72 83 19,000 19,500 20 46 67 80 94 19,500 20,000 23 50 75 90 104 20,000 20,500 25 55 82 99 115 20,500 21,000 27 61 89 108 125 21,000 21,500 30 65 97 117 135 21,500 22,000 32 70 105 125 146 22,000 23,000 35 78 116 139 161 23,000 24,000 40 88 131 156 182 24,000 25,000 44 98 146 175 202 25,000 26,000 49 108 161 192 223 26,000 27,000 54 118 175 211 244 27,000 28,000 58 128 191 228 265 28,000 29,000 63 138 205 247 285 29,000 30,000 67 149 220 264 306 30,000 31,000 72 159 234 283 326 31,000 32,000 77 168 250 300 348 32,000 33,000 81 179 265 318 367 33,000 34,000 86 189 279 336 389 34,000 35,000 90 199 295 354 409 35,000 36,000 95 209 309 372 430 36,000 37,000 99 219 325 389 451 37,000 38,000 104 229 339 408 471	$15,200 $15,500 3 6 9 11 13 15,500 15,800 4 9 13 17 19 15,800 16,100 5 12 18 22 26 16,100 16,400 7 15 22 27 32 16,400 16,700 8 18 27 32 39 16,700 17,000 9 21 32 38 44 17,000 17,500 11 25 38 45 52 17,500 18,000 14 30 45 54 63 18,000 18,500 16 35 52 63 73 18,500 19,000 18 40 60 72 83 19,000 19,500 20 46 67 80 94 19,500 20,000 23 50 75 90 104 20,000 20,500 25 55 82 99 115 20,500 21,000 27 61 89 108 125 21,000 21,500 30 65 97 117 135 21,500 22,000 32 70 105 125 146 22,000 23,000 35 78 116 139 161 23,000 24,000 40 88 131 156 182 24,000 25,000 44 98 146 175 202 25,000 26,000 49 108 161 192 223 26,000 27,000 54 118 175 211 244 27,000 28,000 58 128 191 228 265 28,000 29,000 63 138 205 247 285 29,000 30,000 67 149 220 264 306 30,000 31,000 72 159 234 283 326 31,000 32,000 77 168 250 300 348 32,000 33,000 81 179 265 318 367 33,000 34,000 86 189 279 336 389 34,000 35,000 90 199 295 354 409 35,000 36,000 95 209 309 372 430 36,000 37,000 99 219 325 389 451 37,000 38,000 104 229 339 408 471	$15,200 $15,500 3 6 9 11 13 15,500 15,800 4 9 13 17 19 15,800 16,100 5 12 18 22 26 16,100 16,400 7 15 22 27 32 16,400 16,700 8 18 27 32 39 16,700 17,000 9 21 32 38 44 17,000 17,500 11 25 38 45 52 17,500 18,000 14 30 45 54 63 18,000 18,500 16 35 52 63 73 18,500 19,000 18 40 60 72 83 19,000 19,500 20 46 67 80 94 19,500 20,000 23 50 75 90 104 20,000 20,500 25 55 82 99 115 20,500 21,000 27 61 89 108 125 21,000 21,500 30 65 97 117 135 21,500 22,000 32 70

105
125
146
22,000
23,000
35
78
116
139
161
23,000
24,000
40
88
131
156
182
24,000
25,000
44
98
146
175
202
25,000
26,000
49
108
161
192
223
26,000
27,000
54
118
175
211
244
27,000
28,000
58
128
191
228
265
28,000
29,000
63
138
205
247
285
29,000
30,000
67
149
220
264
306
30,000
31,000
72
159
234
283
326
31,000
32,000
77
168
250
300
348
32,000
33,000
81
179
265
318
367
33,000
34,000
86
189
279
336
389
34,000
35,000
90
199
295
354
409
35,000
36,000
95
209
309
372
430
36,000
37,000
99
219
325
389
451
37,000
38,000
104
229
339
408
471|$15,200
$15,500
3
6
9
11
13
15,500
15,800
4
9
13
17
19
15,800
16,100
5
12
18
22
26
16,100
16,400
7
15
22
27
32
16,400
16,700
8
18
27
32
39
16,700
17,000
9
21
32
38
44
17,000
17,500
11
25
38
45
52
17,500
18,000
14
30
45
54
63
18,000
18,500
16
35
52
63
73
18,500
19,000
18
40
60
72
83
19,000
19,500
20
46
67
80
94
19,500
20,000
23
50
75
90
104
20,000
20,500
25
55
82
99
115
20,500
21,000
27
61
89
108
125
21,000
21,500
30
65
97
117
135
21,500
22,000
32
70
105
125
146
22,000
23,000
35
78
116
139
161
23,000
24,000
40
88
131
156
182
24,000
25,000
44
98
146
175
202
25,000
26,000
49
108
161
192
223
26,000
27,000
54
118
175
211
244
27,000
28,000
58
128
191
228
265
28,000
29,000
63
138
205
247
285
29,000
30,000
67
149
220
264
306
30,000
31,000
72
159
234
283
326
31,000
32,000
77
168
250
300
348
32,000
33,000
81
179
265
318
367
33,000
34,000
86
189
279
336
389
34,000
35,000
90
199
295
354
409
35,000
36,000
95
209
309
372
430
36,000
37,000
99
219
325
389
451
37,000
38,000
104
229
339
408
471|$15,200
$15,500
3
6
9
11
13
15,500
15,800
4
9
13
17
19
15,800
16,100
5
12
18
22
26
16,100
16,400
7
15
22
27
32
16,400
16,700
8
18
27
32
39
16,700
17,000
9
21
32
38
44
17,000
17,500
11
25
38
45
52
17,500
18,000
14
30
45
54
63
18,000
18,500
16
35
52
63
73
18,500
19,000
18
40
60
72
83
19,000
19,500
20
46
67
80
94
19,500
20,000
23
50
75
90
104
20,000
20,500
25
55
82
99
115
20,500
21,000
27
61
89
108
125
21,000
21,500
30
65
97
117
135
21,500
22,000
32
70
105
125
146
22,000
23,000
35
78
116
139
161
23,000
24,000
40
88
131
156
182
24,000
25,000
44
98
146
175
202
25,000
26,000
49
108
161
192
223
26,000
27,000
54
118
175
211
244
27,000
28,000
58
128
191
228
265
28,000
29,000
63
138
205
247
285
29,000
30,000
67
149
220
264
306
30,000
31,000
72
159
234
283
326
31,000
32,000
77
168
250
300
348
32,000
33,000
81
179
265
318
367
33,000
34,000
86
189
279
336
389
34,000
35,000
90
199
295
354
409
35,000
36,000
95
209
309
372
430
36,000
37,000
99
219
325
389
451
37,000
38,000
104
229
339
408
471|

2005–12 I.R.B. 761 March 21, 2005

REV. PROC. 2005–13 TABLE 4
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS, VANS, OR ELECTRIC AUTOMOBILES)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2005

Fair Market Value of Passenger Automobile Over Not Over	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease
Fair Market Value of Passenger Automobile Over Not Over	1st	2nd	3rd	4th	5th & Later

38,000
39,000
109
239
354
426
491
39,000
40,000
113
249
370
443
512
40,000
41,000
118
259
384
462
533
41,000
42,000
122
269
400
479
554
42,000
43,000
127
279
414
497
575
43,000
44,000
132
289
429
515
595
44,000
45,000
136
299
444
533
616
45,000
46,000
141
309
459
551
636
46,000
47,000
145
320
473
569
657
47,000
48,000
150
329
489
587
678
48,000
49,000
154
340
504
604
699
49,000
50,000
159
350
518
623
719
50,000
51,000
164
360
533
640
740
51,000
52,000
168
370
548
659
760
52,000
53,000
173
380
563
676
781
53,000
54,000
177
390
578
694
802
54,000
55,000
182
400
593
712
823
55,000
56,000
186
410
609
729
844
56,000
57,000
191
420
623
748
864
57,000
58,000
196
430
638
766
884
58,000
59,000
200
440
653
784
905
59,000
60,000
205
450
668
802
925
60,000
62,000
212
465
691
828
957
62,000
64,000
221
485
721
864
998
64,000
66,000
230
506
750
900
1,039
66,000
68,000
239
526
780
935
1,081
68,000
70,000
248
546
810
971
1,123
70,000
72,000
258
566
839
1,008
1,163
72,000
74,000
267
586
869
1,044
1,204
74,000
76,000
276
606
899
1,079
1,247
76,000
78,000
285
626
930
1,114
1,288
78,000
80,000
294
646
960
1,150
1,329
80,000
85,000
310
682
1,011
1,213
1,402
85,000
90,000
333
732
1,086
1,303
1,504
90,000
95,000
356
782
1,161
1,392
1,608
95,000
100,000
379
832
1,236
1,481
1,712
100,000
110,000
413
908
1,347
1,616
1,867
110,000
120,000
459
1,009
1,496
1,795
2,073
120,000
130,000
505
1,109
1,646
1,974
2,280
130,000
140,000
551
1,210
1,795
2,153
2,486
140,000
150,000
597
1,310
1,945
2,332
2,693
150,000
160,000
642
1,411
2,094
2,511
2,900
160,000
170,000
688
1,512
2,243
2,690
3,106
170,000
180,000
734
1,612
2,392
2,870
3,313
180,000
190,000
780
1,713
2,541
3,048
3,520
190,000
200,000
826
1,813
2,691
3,227
3,727
200,000
210,000
871
1,914
2,840
3,407
3,933
210,000
220,000
917
2,015
2,989
3,585
4,141
220,000
230,000
963
2,115
3,139
3,764
4,347
230,000
240,000
1,009
2,216
3,288
3,943
4,554
240,000
and up
1,055
2,316
3,437
4,123
4,760

March 21, 2005 762 2005–12 I.R.B.

REV. PROC. 2005–13 TABLE 5
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2005

Fair Market Value of Truck or Van Over Not Over	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease
Fair Market Value of Truck or Van Over Not Over	1st	2nd	3rd	4th	5th and Later

$16,700
$17,000
3
6
8
10
11
17,000
17,500
4
10
14
17
20
17,500
18,000
7
15
21
26
30
18,000
18,500
9
20
29
35
40
18,500
19,000
11
25
37
43
51
19,000
19,500
14
30
44
52
61
19,500
20,000
16
35
51
62
71
20,000
20,500
18
40
59
71
81
20,500
21,000
20
45
67
79
92
21,000
21,500
23
50
74
88
103
21,500
22,000
25
55
81
98
113
22,000
23,000
28
63
92
111
129
23,000
24,000
33
73
107
129
149
24,000
25,000
38
83
122
147
169
25,000
26,000
42
93
137
165
190
26,000
27,000
47
103
152
183
210
27,000
28,000
51
113
167
201
231
28,000
29,000
56
123
182
218
253
29,000
30,000
60
133
197
237
272
30,000
31,000
65
143
212
254
294
31,000
32,000
70
153
227
272
314
32,000
33,000
74
163
242
290
335
33,000
34,000
79
173
257
308
355
34,000
35,000
83
184
271
326
376
35,000
36,000
88
193
287
344
397
36,000
37,000
93
203
302
361
418
37,000
38,000
97
214
316
380
438
38,000
39,000
102
223
332
397
459
39,000
40,000
106
234
346
415
480
40,000
41,000
111
244
361
433
500
41,000
42,000
115
254
376
451
521
42,000
43,000
120
264
391
469
542
43,000
44,000
125
274
406
487
562
44,000
45,000
129
284
421
505
583
45,000
46,000
134
294
436
523
603
46,000
47,000
138
304
451
541
624
47,000
48,000
143
314
466
558
645
48,000
49,000
148
324
481
576
666
49,000
50,000
152
334
496
594
687
50,000
51,000
157
344
511
612
707
51,000
52,000
161
355
525
630
728
52,000
53,000
166
364
541
648
748
53,000
54,000
170
375
555
666
769
54,000
55,000
175
385
570
684
789
55,000
56,000
180
394
586
701
811
56,000
57,000
184
405
600
720
830
57,000
58,000
189
415
615
737
852
58,000
59,000
193
425
630
755
873
59,000
60,000
198
435
645
773
893
60,000
62,000
205
450
667
800
924
62,000
64,000
214
470
697
836
966
64,000
66,000
223
490
727
872
1,007
66,000
68,000
232
510
757
908
1,048
68,000
70,000
241
531
786
944
1,089
70,000
72,000
251
550
817
979
1,131

2005–12 I.R.B. 763 March 21, 2005

REV. PROC. 2005–13 TABLE 5
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2005

Fair Market Value of Truck or Van Over Not Over	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease
Fair Market Value of Truck or Van Over Not Over	1st	2nd	3rd	4th	5th and Later

REV. PROC. 2005–13 TABLE 5
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2005

72,000 74,000 260 571 846 1,015 1,172 74,000 76,000 269 591 876 1,051 1,213 76,000 78,000 278 611 906 1,087 1,254 78,000 80,000 287 631 936 1,123 1,296 80,000 85,000 303 666 989 1,185 1,368 85,000 90,000 326 717 1,063 1,274 1,472 90,000 95,000 349 767 1,137 1,365 1,575 95,000 100,000 372 817 1,212 1,454 1,678 100,000 110,000 406 893 1,324 1,588 1,833 110,000 120,000 452 993 1,474 1,767 2,040 120,000 130,000 498 1,094 1,623 1,945 2,247 130,000 140,000 544 1,194 1,772 2,125 2,454 140,000 150,000 590 1,295 1,921 2,304 2,660 150,000 160,000 636 1,395 2,071 2,483 2,867 160,000 170,000 681 1,496 2,220 2,662 3,074 170,000 180,000 727 1,597 2,369 2,841 3,281 180,000 190,000 773 1,697 2,519 3,020 3,487 190,000 200,000 819 1,798 2,668 3,199 3,694 200,000 210,000 865 1,898 2,817 3,379 3,900 210,000 220,000 910 1,999 2,967 3,557 4,107 220,000 230,000 956 2,100 3,115 3,737 4,314 230,000 240,000 1,002 2,200 3,265 3,916 4,520 240,000 and up 1,048 2,301 3,414 4,094 4,728	72,000 74,000 260 571 846 1,015 1,172 74,000 76,000 269 591 876 1,051 1,213 76,000 78,000 278 611 906 1,087 1,254 78,000 80,000 287 631 936 1,123 1,296 80,000 85,000 303 666 989 1,185 1,368 85,000 90,000 326 717 1,063 1,274 1,472 90,000 95,000 349 767 1,137 1,365 1,575 95,000 100,000 372 817 1,212 1,454 1,678 100,000 110,000 406 893 1,324 1,588 1,833 110,000 120,000 452 993 1,474 1,767 2,040 120,000 130,000 498 1,094 1,623 1,945 2,247 130,000 140,000 544 1,194 1,772 2,125 2,454 140,000 150,000 590 1,295 1,921 2,304 2,660 150,000 160,000 636 1,395 2,071 2,483 2,867 160,000 170,000 681 1,496 2,220 2,662 3,074 170,000 180,000 727 1,597 2,369 2,841 3,281 180,000 190,000 773 1,697 2,519 3,020 3,487 190,000 200,000 819 1,798 2,668 3,199 3,694 200,000 210,000 865 1,898 2,817 3,379 3,900 210,000 220,000 910 1,999 2,967 3,557 4,107 220,000 230,000 956 2,100 3,115 3,737 4,314 230,000 240,000 1,002 2,200 3,265 3,916 4,520 240,000 and up 1,048 2,301 3,414 4,094 4,728	72,000 74,000 260 571 846 1,015 1,172 74,000 76,000 269 591 876 1,051 1,213 76,000 78,000 278 611 906 1,087 1,254 78,000 80,000 287 631 936 1,123 1,296 80,000 85,000 303 666 989 1,185 1,368 85,000 90,000 326 717 1,063 1,274 1,472 90,000 95,000 349 767 1,137 1,365 1,575 95,000 100,000 372 817 1,212 1,454 1,678 100,000 110,000 406 893 1,324 1,588 1,833 110,000 120,000 452 993 1,474 1,767 2,040 120,000 130,000 498 1,094 1,623 1,945 2,247 130,000 140,000 544 1,194 1,772 2,125 2,454 140,000 150,000 590 1,295 1,921 2,304 2,660 150,000 160,000 636 1,395 2,071 2,483 2,867 160,000 170,000 681 1,496 2,220 2,662 3,074 170,000 180,000 727 1,597 2,369 2,841 3,281 180,000 190,000 773 1,697 2,519 3,020 3,487 190,000 200,000 819 1,798 2,668 3,199 3,694 200,000 210,000 865 1,898 2,817 3,379 3,900 210,000 220,000 910 1,999 2,967 3,557 4,107 220,000 230,000 956 2,100 3,115 3,737 4,314 230,000 240,000 1,002 2,200 3,265 3,916 4,520 240,000 and up 1,048 2,301 3,414 4,094 4,728	72,000 74,000 260 571 846 1,015 1,172 74,000 76,000 269 591 876 1,051 1,213 76,000 78,000 278 611 906 1,087 1,254 78,000 80,000 287 631 936 1,123 1,296 80,000 85,000 303 666 989 1,185 1,368 85,000 90,000 326 717 1,063 1,274 1,472 90,000 95,000 349 767 1,137 1,365 1,575 95,000 100,000 372 817 1,212 1,454 1,678 100,000 110,000 406 893 1,324 1,588 1,833 110,000 120,000 452 993 1,474 1,767 2,040 120,000 130,000 498 1,094 1,623 1,945 2,247 130,000 140,000 544 1,194 1,772 2,125 2,454 140,000 150,000 590 1,295 1,921 2,304 2,660 150,000 160,000 636 1,395 2,071 2,483 2,867 160,000 170,000 681 1,496 2,220 2,662 3,074 170,000 180,000 727 1,597 2,369 2,841 3,281 180,000 190,000 773 1,697 2,519 3,020 3,487 190,000 200,000 819 1,798 2,668 3,199 3,694 200,000 210,000 865 1,898 2,817 3,379 3,900 210,000 220,000 910 1,999 2,967 3,557 4,107 220,000 230,000 956 2,100 3,115 3,737 4,314 230,000 240,000 1,002 2,200 3,265 3,916 4,520 240,000 and up 1,048 2,301 3,414 4,094 4,728	72,000 74,000 260

571
846
1,015
1,172
74,000
76,000
269
591
876
1,051
1,213
76,000
78,000
278
611
906
1,087
1,254
78,000
80,000
287
631
936
1,123
1,296
80,000
85,000
303
666
989
1,185
1,368
85,000
90,000
326
717
1,063
1,274
1,472
90,000
95,000
349
767
1,137
1,365
1,575
95,000
100,000
372
817
1,212
1,454
1,678
100,000
110,000
406
893
1,324
1,588
1,833
110,000
120,000
452
993
1,474
1,767
2,040
120,000
130,000
498
1,094
1,623
1,945
2,247
130,000
140,000
544
1,194
1,772
2,125
2,454
140,000
150,000
590
1,295
1,921
2,304
2,660
150,000
160,000
636
1,395
2,071
2,483
2,867
160,000
170,000
681
1,496
2,220
2,662
3,074
170,000
180,000
727
1,597
2,369
2,841
3,281
180,000
190,000
773
1,697
2,519
3,020
3,487
190,000
200,000
819
1,798
2,668
3,199
3,694
200,000
210,000
865
1,898
2,817
3,379
3,900
210,000
220,000
910
1,999
2,967
3,557
4,107
220,000
230,000
956
2,100
3,115
3,737
4,314
230,000
240,000
1,002
2,200
3,265
3,916
4,520
240,000
and up
1,048
2,301
3,414
4,094
4,728|72,000
74,000
260
571
846
1,015
1,172
74,000
76,000
269
591
876
1,051
1,213
76,000
78,000
278
611
906
1,087
1,254
78,000
80,000
287
631
936
1,123
1,296
80,000
85,000
303
666
989
1,185
1,368
85,000
90,000
326
717
1,063
1,274
1,472
90,000
95,000
349
767
1,137
1,365
1,575
95,000
100,000
372
817
1,212
1,454
1,678
100,000
110,000
406
893
1,324
1,588
1,833
110,000
120,000
452
993
1,474
1,767
2,040
120,000
130,000
498
1,094
1,623
1,945
2,247
130,000
140,000
544
1,194
1,772
2,125
2,454
140,000
150,000
590
1,295
1,921
2,304
2,660
150,000
160,000
636
1,395
2,071
2,483
2,867
160,000
170,000
681
1,496
2,220
2,662
3,074
170,000
180,000
727
1,597
2,369
2,841
3,281
180,000
190,000
773
1,697
2,519
3,020
3,487
190,000
200,000
819
1,798
2,668
3,199
3,694
200,000
210,000
865
1,898
2,817
3,379
3,900
210,000
220,000
910
1,999
2,967
3,557
4,107
220,000
230,000
956
2,100
3,115
3,737
4,314
230,000
240,000
1,002
2,200
3,265
3,916
4,520
240,000
and up
1,048
2,301
3,414
4,094
4,728|

REV. PROC. 2005–13 TABLE 6
DOLLAR AMOUNTS FOR ELECTRIC AUTOMOBILES
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2005

Fair Market Value of Electric Automobile Over Not Over	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease
Fair Market Value of Electric Automobile Over Not Over	1st	2nd	3rd	4th	5th and Later

REV. PROC. 2005–13 TABLE 5
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2005

$45,000 $46,000 5 11 18 21 25 46,000 47,000 10 21 33 39 45 47,000 48,000 14 31 48 57 66 48,000 49,000 19 41 63 75 86 49,000 50,000 23 52 77 93 107 50,000 51,000 28 61 93 111 127 51,000 52,000 33 71 108 129 148 52,000 53,000 37 82 122 147 169 53,000 54,000 42 92 137 164 190 54,000 55,000 46 102 152 183 210 55,000 56,000 51 112 167 200 231 56,000 57,000 55 122 182 218 252 57,000 58,000 60 132 197 236 272 58,000 59,000 65 142 212 254 293 59,000 60,000 69 152 227 272 314 60,000 62,000 76 167 250 298 345 62,000 64,000 85 187 280 334 386 64,000 66,000 94 208 309 370 427 66,000 68,000 104 227 339 406 469 68,000 70,000 113 247 369 442 510 70,000 72,000 122 268 398 478 551 72,000 74,000 131 288 428 514 593	$45,000 $46,000 5 11 18 21 25 46,000 47,000 10 21 33 39 45 47,000 48,000 14 31 48 57 66 48,000 49,000 19 41 63 75 86 49,000 50,000 23 52 77 93 107 50,000 51,000 28 61 93 111 127 51,000 52,000 33 71 108 129 148 52,000 53,000 37 82 122 147 169 53,000 54,000 42 92 137 164 190 54,000 55,000 46 102 152 183 210 55,000 56,000 51 112 167 200 231 56,000 57,000 55 122 182 218 252 57,000 58,000 60 132 197 236 272 58,000 59,000 65 142 212 254 293 59,000 60,000 69 152 227 272 314 60,000 62,000 76 167 250 298 345 62,000 64,000 85 187 280 334 386 64,000 66,000 94 208 309 370 427 66,000 68,000 104 227 339 406 469 68,000 70,000 113 247 369 442 510 70,000 72,000 122 268 398 478 551 72,000 74,000 131 288 428 514 593	$45,000 $46,000 5 11 18 21 25 46,000 47,000 10 21 33 39 45 47,000 48,000 14 31 48 57 66 48,000 49,000 19 41 63 75 86 49,000 50,000 23 52 77 93 107 50,000 51,000 28 61 93 111 127 51,000 52,000 33 71 108 129 148 52,000 53,000 37 82 122 147 169 53,000 54,000 42 92 137 164 190 54,000 55,000 46 102 152 183 210 55,000 56,000 51 112 167 200 231 56,000 57,000 55 122 182 218 252 57,000 58,000 60 132 197 236 272 58,000 59,000 65 142 212 254 293 59,000 60,000 69 152 227 272 314 60,000 62,000 76 167 250 298 345 62,000 64,000 85 187 280 334 386 64,000 66,000 94 208 309 370 427 66,000 68,000 104 227 339 406 469 68,000 70,000 113 247 369 442 510 70,000 72,000 122 268 398 478 551 72,000 74,000 131 288 428 514 593	$45,000 $46,000 5 11 18 21 25 46,000 47,000 10 21 33 39 45 47,000 48,000 14 31 48 57 66 48,000 49,000 19 41 63 75 86 49,000 50,000 23 52 77 93 107 50,000 51,000 28 61 93 111 127 51,000 52,000 33 71 108 129 148 52,000 53,000 37 82 122 147 169 53,000 54,000 42 92 137 164 190 54,000 55,000 46 102 152 183 210 55,000 56,000 51 112 167 200 231 56,000 57,000 55 122 182 218 252 57,000 58,000 60 132 197 236 272 58,000 59,000 65 142 212 254 293 59,000 60,000 69 152 227 272 314 60,000 62,000 76 167 250 298 345 62,000 64,000 85 187 280 334 386 64,000 66,000 94 208 309 370 427 66,000 68,000 104 227 339 406 469 68,000 70,000 113 247 369 442 510 70,000 72,000 122 268 398 478 551 72,000 74,000 131 288 428 514 593	$45,000 $46,000 5 11 18 21 25 46,000 47,000 10 21 33 39 45 47,000 48,000 14 31 48 57 66 48,000 49,000 19 41 63 75 86 49,000 50,000 23 52 77 93 107 50,000 51,000 28 61 93 111 127 51,000 52,000 33 71 108 129 148 52,000 53,000 37 82 122 147 169 53,000 54,000 42 92 137 164 190 54,000 55,000 46 102 152 183 210 55,000 56,000 51 112 167 200 231 56,000 57,000 55 122 182 218 252 57,000 58,000 60 132 197 236 272 58,000 59,000 65 142 212 254 293 59,000 60,000 69 152 227 272 314 60,000 62,000 76 167 250 298 345 62,000 64,000 85 187 280 334 386 64,000 66,000 94 208 309 370 427 66,000 68,000 104 227 339 406 469 68,000 70,000 113 247 369 442 510 70,000 72,000 122 268 398 478 551 72,000 74,000 131 288 428 514

593|$45,000
$46,000
5
11
18
21
25
46,000
47,000
10
21
33
39
45
47,000
48,000
14
31
48
57
66
48,000
49,000
19
41
63
75
86
49,000
50,000
23
52
77
93
107
50,000
51,000
28
61
93
111
127
51,000
52,000
33
71
108
129
148
52,000
53,000
37
82
122
147
169
53,000
54,000
42
92
137
164
190
54,000
55,000
46
102
152
183
210
55,000
56,000
51
112
167
200
231
56,000
57,000
55
122
182
218
252
57,000
58,000
60
132
197
236
272
58,000
59,000
65
142
212
254
293
59,000
60,000
69
152
227
272
314
60,000
62,000
76
167
250
298
345
62,000
64,000
85
187
280
334
386
64,000
66,000
94
208
309
370
427
66,000
68,000
104
227
339
406
469
68,000
70,000
113
247
369
442
510
70,000
72,000
122
268
398
478
551
72,000
74,000
131
288
428
514
593|

March 21, 2005 764 2005–12 I.R.B.

REV. PROC. 2005–13 TABLE 6
DOLLAR AMOUNTS FOR ELECTRIC AUTOMOBILES
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2005

Fair Market Value of Electric Automobile Over Not Over	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease	Tax Year During Lease
Fair Market Value of Electric Automobile Over Not Over	1st	2nd	3rd	4th	5th and Later

74,000
76,000
140
308
458
550
634
76,000
78,000
149
328
489
585
675
78,000
80,000
159
348
518
621
717
80,000
85,000
175
383
571
683
789
85,000
90,000
197
434
645
773
892
90,000
95,000
220
484
720
863
995
95,000
100,000
243
534
795
952
1,099
100,000
110,000
278
610
906
1,086
1,254
110,000
120,000
323
711
1,055
1,266
1,460
120,000
130,000
369
811
1,205
1,444
1,668
130,000
140,000
415
912
1,354
1,623
1,874
140,000
150,000
461
1,012
1,504
1,802
2,081
150,000
160,000
507
1,113
1,652
1,982
2,287
160,000
170,000
553
1,213
1,802
2,161
2,494
170,000
180,000
598
1,314
1,951
2,340
2,701
180,000
190,000
644
1,415
2,100
2,519
2,908
190,000
200,000
690
1,515
2,250
2,698
3,114
200,000
210,000
736
1,616
2,399
2,877
3,321
210,000
220,000
782
1,716
2,549
3,055
3,528
220,000
230,000
827
1,817
2,698
3,235
3,734
230,000
240,000
873
1,918
2,847
3,413
3,942
240,000
and up
919
2,018
2,997
3,592
4,148

amounts in this revenue procedure, contact Bernard P. Harvey at (202) 622–3110 (not a toll-free call).