SECTION 3. SCOPE
Internal Revenue Bulletin 2006-12 · 2026-10-03 edition · updated 2026-10-04 · United States
The limitations on depreciation deductions in section 4.02(2) of this revenue procedure apply to passenger automobiles (other than leased passenger automobiles) that are placed in service by the taxpayer in calendar year 2006, and continue to apply for each tax year that the passenger automobile remains in service.
The tables in section 4.03 of this revenue procedure apply to leased passenger automobiles for which the lease term begins during calendar year 2006. Lessees of such passenger automobiles must use these tables to determine the inclusion amount for each tax year during which the passenger automobile is leased. See Rev. Proc. 2002–14, 2002–1 C.B. 450, for passenger automobiles first leased before January 1, 2003, Rev. Proc. 2003–75, 2003–2 C.B. 1018, for passenger automobiles first leased during calendar year 2003, Rev. Proc. 2004–20, 2004–1 C.B. 642, for passenger automobiles first leased during calendar year 2004, and Rev. Proc. 2005–13, 2005–1 C.B. 759, for passenger automobiles first leased during calendar year 2005.
2006–12 I.R.B. 645 March 20, 2006
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 2006, 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 2006. Use Table 2 for trucks and vans placed in service by the taxpayer in calendar year 2006. Use Table 3 for electric automobiles placed in service by the taxpayer in calendar year 2006.
service in calendar year 2006. The dollar limitations in § 280F(a) must therefore be multiplied by a factor of 0.1727, 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 2006. To determine the dollar limitations applicable to an electric automobile first placed in service during calendar year 2006, the dollar limitations in § 280F(a) are tripled in accordance with § 280F(a)(1)(C) and are then multiplied by a factor of 0.1727; the resulting increases, after rounding to the nearest $100, are added to the tripled 1988 limitations to give the depreciation limita
tions for calendar year 2006. To determine the dollar limitations applicable to trucks and vans first placed in service during calendar year 2006, the new truck component of the CPI is used instead of the new car component. The new truck component of the CPI was 112.4 for October 1987 and 143.6 for October 2005. The October 2005 index exceeded the October 1987 index by 31.2. The Service has, therefore, determined that the automobile price inflation adjustment for 2006 for trucks and vans is 27.76 percent (31.2/112.4 x 100%). This adjustment is applicable to all trucks and vans that are first placed in service in calendar year 2006. The dollar limitations in § 280F(a) must therefore be multiplied by a factor of 0.2776, and the
REV. PROC. 2006–18 TABLE 1
DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES PLACED IN SERVICE BY THE TAXPAYER DURING CALENDAR YEAR 2006
Tax Year Amount
1st Tax Year $2,960
2nd Tax Year $4,800
3rd Tax Year $2,850
Each Succeeding Year $1,775
REV. PROC. 2006–18 TABLE 2
DEPRECIATION LIMITATIONS FOR TRUCKS AND VANS PLACED IN SERVICE BY THE TAXPAYER DURING CALENDAR YEAR 2006
Tax Year Amount
1st Tax Year $3,260
2nd Tax Year $5,200
3rd Tax Year $3,150
Each Succeeding Year $1,875
REV. PROC. 2006–18 TABLE 3
DEPRECIATION LIMITATIONS FOR ELECTRIC AUTOMOBILES PLACED IN SERVICE BY THE TAXPAYER DURING CALENDAR YEAR 2006
Tax Year Amount
1st Tax Year $8,980
2nd Tax Year $14,400
3rd Tax Year $8,650
Each Succeeding Year $5,225
March 20, 2006 646 2006–12 I.R.B.
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 2006 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. 2006–18 TABLE 4
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS, VANS, OR ELECTRIC AUTOMOBILES)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2006
| 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 |
$15,200
$15,500
4
6
10
10
10
15,500
15,800
6
10
16
18
18
15,800
16,100
8
15
22
25
28
16,100
16,400
9
19
29
33
36
16,400
16,700
11
24
35
40
45
16,700
17,000
13
28
42
48
53
17,000
17,500
16
34
50
58
66
17,500
18,000
19
41
61
71
80
18,000
18,500
23
48
71
84
95
18,500
19,000
26
55
82
96
110
19,000
19,500
29
62
93
109
125
19,500
20,000
32
70
103
122
139
20,000
20,500
36
76
114
135
154
20,500
21,000
39
84
124
148
168
21,000
21,500
42
91
135
160
184
21,500
22,000
45
98
146
173
198
22,000
23,000
50
109
162
192
220
23,000
24,000
57
123
183
218
250
24,000
25,000
63
138
204
243
279
25,000
26,000
70
152
225
269
309
26,000
27,000
76
166
247
294
339
27,000
28,000
83
181
268
319
368
28,000
29,000
90
195
289
345
397
29,000
30,000
96
209
311
371
426
30,000
31,000
103
223
332
397
455
31,000
32,000
109
238
353
422
485
32,000
33,000
116
252
374
448
515
33,000
34,000
122
267
395
473
545
34,000
35,000
129
281
417
498
574
35,000
36,000
135
295
439
523
604
36,000
37,000
142
309
460
549
633
37,000
38,000
148
324
481
575
662
38,000
39,000
155
338
502
601
691
39,000
40,000
161
353
523
626
721
40,000
41,000
168
367
545
651
750
41,000
42,000
175
381
566
677
780
42,000
43,000
181
396
587
702
810
43,000
44,000
188
410
608
728
839
44,000
45,000
194
424
630
753
869
45,000
46,000
201
438
651
779
898
46,000
47,000
207
453
672
805
927
47,000
48,000
214
467
694
830
956
48,000
49,000
220
482
715
855
986
49,000
50,000
227
496
736
881
1,016
50,000
51,000
233
510
758
906
1,045
51,000
52,000
240
525
778
932
1,075
2006–12 I.R.B. 647 March 20, 2006
REV. PROC. 2006–18 TABLE 4
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS, VANS, OR ELECTRIC AUTOMOBILES)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2006
| 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. 2006–18 TABLE 4
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS, VANS, OR ELECTRIC AUTOMOBILES)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2006
| 52,000 53,000 246 539 800 958 1,104 53,000 54,000 253 553 821 984 1,133 54,000 55,000 259 568 842 1,009 1,163 55,000 56,000 266 582 864 1,034 1,192 56,000 57,000 273 596 885 1,060 1,221 57,000 58,000 279 611 906 1,085 1,251 58,000 59,000 286 625 927 1,111 1,281 59,000 60,000 292 639 949 1,136 1,311 60,000 62,000 302 661 981 1,174 1,354 62,000 64,000 315 690 1,023 1,225 1,413 64,000 66,000 328 718 1,066 1,276 1,473 66,000 68,000 341 747 1,108 1,328 1,531 68,000 70,000 354 776 1,151 1,378 1,590 70,000 72,000 367 804 1,194 1,429 1,649 72,000 74,000 380 833 1,236 1,481 1,707 74,000 76,000 393 862 1,278 1,532 1,767 76,000 78,000 407 890 1,321 1,583 1,825 78,000 80,000 420 919 1,363 1,634 1,884 80,000 85,000 443 969 1,438 1,723 1,987 85,000 90,000 475 1,041 1,544 1,851 2,135 90,000 95,000 508 1,112 1,651 1,978 2,282 95,000 100,000 541 1,184 1,757 2,106 2,429 100,000 110,000 590 1,291 1,917 2,297 2,650 110,000 120,000 655 1,435 2,130 2,552 2,944 120,000 130,000 720 1,579 2,342 2,807 3,239 130,000 140,000 786 1,722 2,555 3,062 3,534 140,000 150,000 851 1,865 2,768 3,317 3,829 150,000 160,000 916 2,009 2,980 3,573 4,123 160,000 170,000 982 2,152 3,193 3,828 4,417 170,000 180,000 1,047 2,295 3,406 4,083 4,712 180,000 190,000 1,112 2,439 3,619 4,337 5,007 190,000 200,000 1,178 2,582 3,832 4,592 5,301 200,000 210,000 1,243 2,726 4,044 4,848 5,595 210,000 220,000 1,309 2,869 4,257 5,103 5,890 220,000 230,000 1,374 3,012 4,470 5,358 6,185 230,000 240,000 1,439 3,156 4,682 5,613 6,480 240,000 and up 1,505 3,299 4,895 5,868 6,774 |
52,000 53,000 246 539 800 958 1,104 53,000 54,000 253 553 821 984 1,133 54,000 55,000 259 568 842 1,009 1,163 55,000 56,000 266 582 864 1,034 1,192 56,000 57,000 273 596 885 1,060 1,221 57,000 58,000 279 611 906 1,085 1,251 58,000 59,000 286 625 927 1,111 1,281 59,000 60,000 292 639 949 1,136 1,311 60,000 62,000 302 661 981 1,174 1,354 62,000 64,000 315 690 1,023 1,225 1,413 64,000 66,000 328 718 1,066 1,276 1,473 66,000 68,000 341 747 1,108 1,328 1,531 68,000 70,000 354 776 1,151 1,378 1,590 70,000 72,000 367 804 1,194 1,429 1,649 72,000 74,000 380 833 1,236 1,481 1,707 74,000 76,000 393 862 1,278 1,532 1,767 76,000 78,000 407 890 1,321 1,583 1,825 78,000 80,000 420 919 1,363 1,634 1,884 80,000 85,000 443 969 1,438 1,723 1,987 85,000 90,000 475 1,041 1,544 1,851 2,135 90,000 95,000 508 1,112 1,651 1,978 2,282 95,000 100,000 541 1,184 1,757 2,106 2,429 100,000 110,000 590 1,291 1,917 2,297 2,650 110,000 120,000 655 1,435 2,130 2,552 2,944 120,000 130,000 720 1,579 2,342 2,807 3,239 130,000 140,000 786 1,722 2,555 3,062 3,534 140,000 150,000 851 1,865 2,768 3,317 3,829 150,000 160,000 916 2,009 2,980 3,573 4,123 160,000 170,000 982 2,152 3,193 3,828 4,417 170,000 180,000 1,047 2,295 3,406 4,083 4,712 180,000 190,000 1,112 2,439 3,619 4,337 5,007 190,000 200,000 1,178 2,582 3,832 4,592 5,301 200,000 210,000 1,243 2,726 4,044 4,848 5,595 210,000 220,000 1,309 2,869 4,257 5,103 5,890 220,000 230,000 1,374 3,012 4,470 5,358 6,185 230,000 240,000 1,439 3,156 4,682 5,613 6,480 240,000 and up 1,505 3,299 4,895 5,868 6,774 |
52,000 53,000 246 539 800 958 1,104 53,000 54,000 253 553 821 984 1,133 54,000 55,000 259 568 842 1,009 1,163 55,000 56,000 266 582 864 1,034 1,192 56,000 57,000 273 596 885 1,060 1,221 57,000 58,000 279 611 906 1,085 1,251 58,000 59,000 286 625 927 1,111 1,281 59,000 60,000 292 639 949 1,136 1,311 60,000 62,000 302 661 981 1,174 1,354 62,000 64,000 315 690 1,023 1,225 1,413 64,000 66,000 328 718 1,066 1,276 1,473 66,000 68,000 341 747 1,108 1,328 1,531 68,000 70,000 354 776 1,151 1,378 1,590 70,000 72,000 367 804 1,194 1,429 1,649 72,000 74,000 380 833 1,236 1,481 1,707 74,000 76,000 393 862 1,278 1,532 1,767 76,000 78,000 407 890 1,321 1,583 1,825 78,000 80,000 420 919 1,363 1,634 1,884 80,000 85,000 443 969 1,438 1,723 1,987 |
|---|
85,000
90,000
475
1,041
1,544
1,851
2,135
90,000
95,000
508
1,112
1,651
1,978
2,282
95,000
100,000
541
1,184
1,757
2,106
2,429
100,000
110,000
590
1,291
1,917
2,297
2,650
110,000
120,000
655
1,435
2,130
2,552
2,944
120,000
130,000
720
1,579
2,342
2,807
3,239
130,000
140,000
786
1,722
2,555
3,062
3,534
140,000
150,000
851
1,865
2,768
3,317
3,829
150,000
160,000
916
2,009
2,980
3,573
4,123
160,000
170,000
982
2,152
3,193
3,828
4,417
170,000
180,000
1,047
2,295
3,406
4,083
4,712
180,000
190,000
1,112
2,439
3,619
4,337
5,007
190,000
200,000
1,178
2,582
3,832
4,592
5,301
200,000
210,000
1,243
2,726
4,044
4,848
5,595
210,000
220,000
1,309
2,869
4,257
5,103
5,890
220,000
230,000
1,374
3,012
4,470
5,358
6,185
230,000
240,000
1,439
3,156
4,682
5,613
6,480
240,000
and up
1,505
3,299
4,895
5,868
6,774|52,000
53,000
246
539
800
958
1,104
53,000
54,000
253
553
821
984
1,133
54,000
55,000
259
568
842
1,009
1,163
55,000
56,000
266
582
864
1,034
1,192
56,000
57,000
273
596
885
1,060
1,221
57,000
58,000
279
611
906
1,085
1,251
58,000
59,000
286
625
927
1,111
1,281
59,000
60,000
292
639
949
1,136
1,311
60,000
62,000
302
661
981
1,174
1,354
62,000
64,000
315
690
1,023
1,225
1,413
64,000
66,000
328
718
1,066
1,276
1,473
66,000
68,000
341
747
1,108
1,328
1,531
68,000
70,000
354
776
1,151
1,378
1,590
70,000
72,000
367
804
1,194
1,429
1,649
72,000
74,000
380
833
1,236
1,481
1,707
74,000
76,000
393
862
1,278
1,532
1,767
76,000
78,000
407
890
1,321
1,583
1,825
78,000
80,000
420
919
1,363
1,634
1,884
80,000
85,000
443
969
1,438
1,723
1,987
85,000
90,000
475
1,041
1,544
1,851
2,135
90,000
95,000
508
1,112
1,651
1,978
2,282
95,000
100,000
541
1,184
1,757
2,106
2,429
100,000
110,000
590
1,291
1,917
2,297
2,650
110,000
120,000
655
1,435
2,130
2,552
2,944
120,000
130,000
720
1,579
2,342
2,807
3,239
130,000
140,000
786
1,722
2,555
3,062
3,534
140,000
150,000
851
1,865
2,768
3,317
3,829
150,000
160,000
916
2,009
2,980
3,573
4,123
160,000
170,000
982
2,152
3,193
3,828
4,417
170,000
180,000
1,047
2,295
3,406
4,083
4,712
180,000
190,000
1,112
2,439
3,619
4,337
5,007
190,000
200,000
1,178
2,582
3,832
4,592
5,301
200,000
210,000
1,243
2,726
4,044
4,848
5,595
210,000
220,000
1,309
2,869
4,257
5,103
5,890
220,000
230,000
1,374
3,012
4,470
5,358
6,185
230,000
240,000
1,439
3,156
4,682
5,613
6,480
240,000
and up
1,505
3,299
4,895
5,868
6,774|52,000
53,000
246
539
800
958
1,104
53,000
54,000
253
553
821
984
1,133
54,000
55,000
259
568
842
1,009
1,163
55,000
56,000
266
582
864
1,034
1,192
56,000
57,000
273
596
885
1,060
1,221
57,000
58,000
279
611
906
1,085
1,251
58,000
59,000
286
625
927
1,111
1,281
59,000
60,000
292
639
949
1,136
1,311
60,000
62,000
302
661
981
1,174
1,354
62,000
64,000
315
690
1,023
1,225
1,413
64,000
66,000
328
718
1,066
1,276
1,473
66,000
68,000
341
747
1,108
1,328
1,531
68,000
70,000
354
776
1,151
1,378
1,590
70,000
72,000
367
804
1,194
1,429
1,649
72,000
74,000
380
833
1,236
1,481
1,707
74,000
76,000
393
862
1,278
1,532
1,767
76,000
78,000
407
890
1,321
1,583
1,825
78,000
80,000
420
919
1,363
1,634
1,884
80,000
85,000
443
969
1,438
1,723
1,987
85,000
90,000
475
1,041
1,544
1,851
2,135
90,000
95,000
508
1,112
1,651
1,978
2,282
95,000
100,000
541
1,184
1,757
2,106
2,429
100,000
110,000
590
1,291
1,917
2,297
2,650
110,000
120,000
655
1,435
2,130
2,552
2,944
120,000
130,000
720
1,579
2,342
2,807
3,239
130,000
140,000
786
1,722
2,555
3,062
3,534
140,000
150,000
851
1,865
2,768
3,317
3,829
150,000
160,000
916
2,009
2,980
3,573
4,123
160,000
170,000
982
2,152
3,193
3,828
4,417
170,000
180,000
1,047
2,295
3,406
4,083
4,712
180,000
190,000
1,112
2,439
3,619
4,337
5,007
190,000
200,000
1,178
2,582
3,832
4,592
5,301
200,000
210,000
1,243
2,726
4,044
4,848
5,595
210,000
220,000
1,309
2,869
4,257
5,103
5,890
220,000
230,000
1,374
3,012
4,470
5,358
6,185
230,000
240,000
1,439
3,156
4,682
5,613
6,480
240,000
and up
1,505
3,299
4,895
5,868
6,774|52,000
53,000
246
539
800
958
1,104
53,000
54,000
253
553
821
984
1,133
54,000
55,000
259
568
842
1,009
1,163
55,000
56,000
266
582
864
1,034
1,192
56,000
57,000
273
596
885
1,060
1,221
57,000
58,000
279
611
906
1,085
1,251
58,000
59,000
286
625
927
1,111
1,281
59,000
60,000
292
639
949
1,136
1,311
60,000
62,000
302
661
981
1,174
1,354
62,000
64,000
315
690
1,023
1,225
1,413
64,000
66,000
328
718
1,066
1,276
1,473
66,000
68,000
341
747
1,108
1,328
1,531
68,000
70,000
354
776
1,151
1,378
1,590
70,000
72,000
367
804
1,194
1,429
1,649
72,000
74,000
380
833
1,236
1,481
1,707
74,000
76,000
393
862
1,278
1,532
1,767
76,000
78,000
407
890
1,321
1,583
1,825
78,000
80,000
420
919
1,363
1,634
1,884
80,000
85,000
443
969
1,438
1,723
1,987
85,000
90,000
475
1,041
1,544
1,851
2,135
90,000
95,000
508
1,112
1,651
1,978
2,282
95,000
100,000
541
1,184
1,757
2,106
2,429
100,000
110,000
590
1,291
1,917
2,297
2,650
110,000
120,000
655
1,435
2,130
2,552
2,944
120,000
130,000
720
1,579
2,342
2,807
3,239
130,000
140,000
786
1,722
2,555
3,062
3,534
140,000
150,000
851
1,865
2,768
3,317
3,829
150,000
160,000
916
2,009
2,980
3,573
4,123
160,000
170,000
982
2,152
3,193
3,828
4,417
170,000
180,000
1,047
2,295
3,406
4,083
4,712
180,000
190,000
1,112
2,439
3,619
4,337
5,007
190,000
200,000
1,178
2,582
3,832
4,592
5,301
200,000
210,000
1,243
2,726
4,044
4,848
5,595
210,000
220,000
1,309
2,869
4,257
5,103
5,890
220,000
230,000
1,374
3,012
4,470
5,358
6,185
230,000
240,000
1,439
3,156
4,682
5,613
6,480
240,000
and up
1,505
3,299
4,895
5,868
6,774|
March 20, 2006 648 2006–12 I.R.B.
REV. PROC. 2006–18 TABLE 5
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2006
| 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
4
8
12
14
16
17,000
17,500
6
14
20
24
29
17,500
18,000
9
21
31
37
43
18,000
18,500
13
28
42
49
58
18,500
19,000
16
36
52
62
72
19,000
19,500
19
43
63
75
87
19,500
20,000
23
50
73
88
102
20,000
20,500
26
57
84
101
116
20,500
21,000
29
64
95
113
131
21,000
21,500
32
72
105
126
146
21,500
22,000
36
78
116
139
161
22,000
23,000
41
89
132
158
183
23,000
24,000
47
104
153
183
213
24,000
25,000
54
118
174
209
242
25,000
26,000
60
132
196
235
271
26,000
27,000
67
146
217
261
300
27,000
28,000
73
161
238
286
330
28,000
29,000
80
175
260
311
359
29,000
30,000
86
190
281
336
389
30,000
31,000
93
204
302
362
418
31,000
32,000
99
219
323
388
447
32,000
33,000
106
233
344
413
478
33,000
34,000
112
247
366
439
506
34,000
35,000
119
261
387
465
536
35,000
36,000
125
276
408
490
566
36,000
37,000
132
290
430
515
595
37,000
38,000
139
304
451
541
624
38,000
39,000
145
319
472
566
654
39,000
40,000
152
333
493
592
684
40,000
41,000
158
347
515
618
712
41,000
42,000
165
362
536
642
743
42,000
43,000
171
376
557
669
772
43,000
44,000
178
390
579
694
801
44,000
45,000
184
405
600
719
831
45,000
46,000
191
419
621
745
860
46,000
47,000
197
434
642
770
890
47,000
48,000
204
448
663
796
919
48,000
49,000
210
462
685
822
948
49,000
50,000
217
476
707
847
977
50,000
51,000
224
490
728
872
1,008
51,000
52,000
230
505
749
898
1,037
52,000
53,000
237
519
770
924
1,066
53,000
54,000
243
534
791
949
1,096
54,000
55,000
250
548
813
974
1,125
55,000
56,000
256
563
833
1,000
1,155
56,000
57,000
263
577
855
1,025
1,184
57,000
58,000
269
591
877
1,051
1,213
58,000
59,000
276
605
898
1,077
1,243
59,000
60,000
282
620
919
1,102
1,272
60,000
62,000
292
641
951
1,141
1,316
62,000
64,000
305
670
994
1,191
1,375
64,000
66,000
318
699
1,036
1,242
1,435
66,000
68,000
331
728
1,078
1,293
1,494
68,000
70,000
344
756
1,121
1,345
1,552
70,000
72,000
358
784
1,164
1,395
1,612
2006–12 I.R.B. 649 March 20, 2006
REV. PROC. 2006–18 TABLE 5
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2006
| 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. 2006–18 TABLE 5
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2006
| 72,000 74,000 371 813 1,206 1,447 1,670 74,000 76,000 384 842 1,249 1,497 1,729 76,000 78,000 397 871 1,291 1,548 1,788 78,000 80,000 410 899 1,334 1,600 1,846 80,000 85,000 433 949 1,409 1,688 1,950 85,000 90,000 465 1,021 1,515 1,816 2,098 90,000 95,000 498 1,093 1,621 1,944 2,244 95,000 100,000 531 1,164 1,728 2,071 2,392 100,000 110,000 580 1,272 1,887 2,263 2,612 110,000 120,000 645 1,416 2,099 2,518 2,907 120,000 130,000 711 1,559 2,312 2,773 3,202 130,000 140,000 776 1,702 2,525 3,028 3,497 140,000 150,000 841 1,846 2,738 3,283 3,791 150,000 160,000 907 1,989 2,950 3,539 4,085 160,000 170,000 972 2,132 3,164 3,793 4,380 170,000 180,000 1,037 2,276 3,376 4,049 4,674 180,000 190,000 1,103 2,419 3,589 4,303 4,969 190,000 200,000 1,168 2,563 3,801 4,559 5,263 200,000 210,000 1,233 2,706 4,015 4,813 5,558 210,000 220,000 1,299 2,849 4,227 5,069 5,853 220,000 230,000 1,364 2,993 4,440 5,324 6,147 230,000 240,000 1,430 3,136 4,652 5,580 6,441 240,000 and up 1,495 3,279 4,866 5,834 6,736 |
72,000 74,000 371 813 1,206 1,447 1,670 74,000 76,000 384 842 1,249 1,497 1,729 76,000 78,000 397 871 1,291 1,548 1,788 78,000 80,000 410 899 1,334 1,600 1,846 80,000 85,000 433 949 1,409 1,688 1,950 85,000 90,000 465 1,021 1,515 1,816 2,098 90,000 95,000 498 1,093 1,621 1,944 2,244 95,000 100,000 531 1,164 1,728 2,071 2,392 100,000 110,000 580 1,272 1,887 2,263 2,612 110,000 120,000 645 1,416 2,099 2,518 2,907 120,000 130,000 711 1,559 2,312 2,773 3,202 130,000 140,000 776 1,702 2,525 3,028 3,497 140,000 150,000 841 1,846 2,738 3,283 3,791 150,000 160,000 907 1,989 2,950 3,539 4,085 160,000 170,000 972 2,132 3,164 3,793 4,380 170,000 180,000 1,037 2,276 3,376 4,049 4,674 180,000 190,000 1,103 2,419 3,589 4,303 4,969 190,000 200,000 1,168 2,563 3,801 4,559 5,263 200,000 210,000 1,233 2,706 4,015 4,813 5,558 210,000 220,000 1,299 2,849 4,227 5,069 5,853 220,000 230,000 1,364 2,993 4,440 5,324 6,147 230,000 240,000 1,430 3,136 4,652 5,580 6,441 240,000 and up 1,495 3,279 4,866 5,834 6,736 |
72,000 74,000 371 813 1,206 1,447 1,670 74,000 76,000 384 842 1,249 1,497 1,729 76,000 78,000 397 871 1,291 1,548 1,788 78,000 80,000 410 899 1,334 1,600 1,846 80,000 85,000 433 949 1,409 1,688 1,950 85,000 90,000 465 1,021 1,515 1,816 2,098 90,000 95,000 498 1,093 1,621 1,944 2,244 95,000 100,000 531 1,164 1,728 2,071 2,392 100,000 110,000 580 1,272 1,887 2,263 2,612 110,000 120,000 645 1,416 2,099 2,518 2,907 120,000 130,000 711 1,559 2,312 2,773 3,202 130,000 140,000 776 1,702 2,525 3,028 3,497 140,000 150,000 841 1,846 2,738 3,283 3,791 150,000 160,000 907 1,989 2,950 3,539 4,085 160,000 170,000 972 2,132 3,164 3,793 4,380 170,000 180,000 1,037 2,276 3,376 4,049 4,674 180,000 190,000 1,103 2,419 3,589 4,303 4,969 190,000 200,000 1,168 2,563 3,801 4,559 5,263 200,000 210,000 1,233 2,706 4,015 4,813 5,558 210,000 220,000 1,299 2,849 4,227 5,069 5,853 220,000 230,000 1,364 2,993 4,440 5,324 6,147 230,000 240,000 1,430 3,136 4,652 5,580 6,441 240,000 and up 1,495 3,279 4,866 5,834 6,736 |
72,000 74,000 371 813 1,206 1,447 1,670 74,000 76,000 384 842 1,249 1,497 1,729 76,000 78,000 397 871 1,291 1,548 1,788 78,000 80,000 410 899 1,334 1,600 1,846 80,000 85,000 433 949 1,409 1,688 1,950 85,000 90,000 465 1,021 1,515 1,816 2,098 90,000 95,000 498 1,093 1,621 1,944 2,244 95,000 100,000 531 1,164 1,728 2,071 2,392 100,000 110,000 580 1,272 1,887 2,263 2,612 110,000 120,000 645 1,416 2,099 2,518 2,907 120,000 130,000 711 1,559 2,312 2,773 3,202 130,000 140,000 776 1,702 2,525 3,028 3,497 140,000 150,000 841 1,846 2,738 3,283 3,791 150,000 160,000 907 1,989 2,950 3,539 4,085 160,000 170,000 972 2,132 3,164 3,793 4,380 170,000 180,000 1,037 2,276 3,376 4,049 4,674 180,000 190,000 1,103 2,419 3,589 4,303 4,969 190,000 200,000 1,168 2,563 3,801 4,559 5,263 200,000 210,000 1,233 2,706 4,015 4,813 5,558 210,000 220,000 1,299 2,849 4,227 5,069 5,853 220,000 230,000 1,364 2,993 4,440 5,324 6,147 230,000 240,000 1,430 |
|---|
3,136
4,652
5,580
6,441
240,000
and up
1,495
3,279
4,866
5,834
6,736|72,000
74,000
371
813
1,206
1,447
1,670
74,000
76,000
384
842
1,249
1,497
1,729
76,000
78,000
397
871
1,291
1,548
1,788
78,000
80,000
410
899
1,334
1,600
1,846
80,000
85,000
433
949
1,409
1,688
1,950
85,000
90,000
465
1,021
1,515
1,816
2,098
90,000
95,000
498
1,093
1,621
1,944
2,244
95,000
100,000
531
1,164
1,728
2,071
2,392
100,000
110,000
580
1,272
1,887
2,263
2,612
110,000
120,000
645
1,416
2,099
2,518
2,907
120,000
130,000
711
1,559
2,312
2,773
3,202
130,000
140,000
776
1,702
2,525
3,028
3,497
140,000
150,000
841
1,846
2,738
3,283
3,791
150,000
160,000
907
1,989
2,950
3,539
4,085
160,000
170,000
972
2,132
3,164
3,793
4,380
170,000
180,000
1,037
2,276
3,376
4,049
4,674
180,000
190,000
1,103
2,419
3,589
4,303
4,969
190,000
200,000
1,168
2,563
3,801
4,559
5,263
200,000
210,000
1,233
2,706
4,015
4,813
5,558
210,000
220,000
1,299
2,849
4,227
5,069
5,853
220,000
230,000
1,364
2,993
4,440
5,324
6,147
230,000
240,000
1,430
3,136
4,652
5,580
6,441
240,000
and up
1,495
3,279
4,866
5,834
6,736|72,000
74,000
371
813
1,206
1,447
1,670
74,000
76,000
384
842
1,249
1,497
1,729
76,000
78,000
397
871
1,291
1,548
1,788
78,000
80,000
410
899
1,334
1,600
1,846
80,000
85,000
433
949
1,409
1,688
1,950
85,000
90,000
465
1,021
1,515
1,816
2,098
90,000
95,000
498
1,093
1,621
1,944
2,244
95,000
100,000
531
1,164
1,728
2,071
2,392
100,000
110,000
580
1,272
1,887
2,263
2,612
110,000
120,000
645
1,416
2,099
2,518
2,907
120,000
130,000
711
1,559
2,312
2,773
3,202
130,000
140,000
776
1,702
2,525
3,028
3,497
140,000
150,000
841
1,846
2,738
3,283
3,791
150,000
160,000
907
1,989
2,950
3,539
4,085
160,000
170,000
972
2,132
3,164
3,793
4,380
170,000
180,000
1,037
2,276
3,376
4,049
4,674
180,000
190,000
1,103
2,419
3,589
4,303
4,969
190,000
200,000
1,168
2,563
3,801
4,559
5,263
200,000
210,000
1,233
2,706
4,015
4,813
5,558
210,000
220,000
1,299
2,849
4,227
5,069
5,853
220,000
230,000
1,364
2,993
4,440
5,324
6,147
230,000
240,000
1,430
3,136
4,652
5,580
6,441
240,000
and up
1,495
3,279
4,866
5,834
6,736|
REV. PROC. 2006–18 TABLE 6
DOLLAR AMOUNTS FOR ELECTRIC AUTOMOBILES
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2006
| 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. 2006–18 TABLE 5
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2006
| $45,000 $46,000 4 8 11 12 12 46,000 47,000 10 22 33 37 42 47,000 48,000 17 36 54 63 72 48,000 49,000 24 51 74 89 101 49,000 50,000 30 65 96 114 131 50,000 51,000 37 79 118 139 160 51,000 52,000 43 94 139 165 189 52,000 53,000 50 108 160 190 219 53,000 54,000 56 123 181 216 248 54,000 55,000 63 137 202 242 277 55,000 56,000 69 151 224 267 307 56,000 57,000 76 165 245 293 337 57,000 58,000 82 180 266 318 367 58,000 59,000 89 194 288 343 396 59,000 60,000 95 209 309 369 425 60,000 62,000 105 230 341 407 470 62,000 64,000 118 259 383 459 528 64,000 66,000 131 288 425 510 587 66,000 68,000 144 316 469 560 646 68,000 70,000 158 345 510 612 705 70,000 72,000 171 373 554 662 764 72,000 74,000 184 402 596 713 823 |
$45,000 $46,000 4 8 11 12 12 46,000 47,000 10 22 33 37 42 47,000 48,000 17 36 54 63 72 48,000 49,000 24 51 74 89 101 49,000 50,000 30 65 96 114 131 50,000 51,000 37 79 118 139 160 51,000 52,000 43 94 139 165 189 52,000 53,000 50 108 160 190 219 53,000 54,000 56 123 181 216 248 54,000 55,000 63 137 202 242 277 55,000 56,000 69 151 224 267 307 56,000 57,000 76 165 245 293 337 57,000 58,000 82 180 266 318 367 58,000 59,000 89 194 288 343 396 59,000 60,000 95 209 309 369 425 60,000 62,000 105 230 341 407 470 62,000 64,000 118 259 383 459 528 64,000 66,000 131 288 425 510 587 66,000 68,000 144 316 469 560 646 68,000 70,000 158 345 510 612 705 70,000 72,000 171 373 554 662 764 72,000 74,000 184 402 596 713 823 |
$45,000 $46,000 4 8 11 12 12 46,000 47,000 10 22 33 37 42 47,000 48,000 17 36 54 63 72 48,000 49,000 24 51 74 89 101 49,000 50,000 30 65 96 114 131 50,000 51,000 37 79 118 139 160 51,000 52,000 43 94 139 165 189 52,000 53,000 50 108 160 190 219 53,000 54,000 56 123 181 216 248 54,000 55,000 63 137 202 242 277 55,000 56,000 69 151 224 267 307 56,000 57,000 76 165 245 293 337 57,000 58,000 82 180 266 318 367 58,000 59,000 89 194 288 343 396 59,000 60,000 95 209 309 369 425 60,000 62,000 105 230 341 407 470 62,000 64,000 118 259 383 459 528 64,000 66,000 131 288 425 510 587 66,000 68,000 144 316 469 560 646 68,000 70,000 158 345 510 612 705 70,000 72,000 171 373 554 662 764 72,000 74,000 184 402 596 713 823 |
$45,000 $46,000 4 8 11 12 12 46,000 47,000 10 22 33 37 42 47,000 48,000 17 36 54 63 72 48,000 49,000 24 51 74 89 101 49,000 50,000 30 65 96 114 131 50,000 51,000 37 79 118 139 160 51,000 52,000 43 94 139 165 189 52,000 53,000 50 108 160 190 219 53,000 54,000 56 123 181 216 248 54,000 55,000 63 137 202 242 277 55,000 56,000 69 151 224 267 307 56,000 57,000 76 165 245 293 337 57,000 58,000 82 180 266 318 367 58,000 59,000 89 194 288 343 396 59,000 60,000 95 209 309 369 425 60,000 62,000 105 230 341 407 470 62,000 64,000 118 259 383 459 528 64,000 66,000 131 288 425 510 587 66,000 68,000 144 316 469 560 646 68,000 70,000 158 345 510 612 705 70,000 72,000 171 373 554 662 764 72,000 74,000 184 402 596 713 823 |
$45,000 $46,000 4 8 11 12 12 46,000 47,000 10 22 33 37 42 47,000 48,000 17 36 54 63 72 48,000 49,000 24 51 74 89 101 49,000 50,000 30 65 96 114 131 50,000 51,000 37 79 118 139 160 51,000 52,000 43 94 139 165 189 52,000 53,000 50 108 160 190 219 53,000 54,000 56 123 181 216 248 54,000 55,000 63 137 202 242 277 55,000 56,000 69 151 224 267 307 56,000 57,000 76 165 245 293 337 57,000 58,000 82 180 266 318 367 58,000 59,000 89 194 288 343 396 59,000 60,000 95 209 309 369 425 60,000 62,000 105 230 341 407 470 62,000 64,000 118 259 383 459 528 64,000 66,000 131 288 425 510 587 66,000 68,000 144 316 469 560 646 68,000 70,000 158 345 510 612 705 70,000 72,000 171 373 554 662 764 72,000 |
|---|
74,000
184
402
596
713
823|$45,000
$46,000
4
8
11
12
12
46,000
47,000
10
22
33
37
42
47,000
48,000
17
36
54
63
72
48,000
49,000
24
51
74
89
101
49,000
50,000
30
65
96
114
131
50,000
51,000
37
79
118
139
160
51,000
52,000
43
94
139
165
189
52,000
53,000
50
108
160
190
219
53,000
54,000
56
123
181
216
248
54,000
55,000
63
137
202
242
277
55,000
56,000
69
151
224
267
307
56,000
57,000
76
165
245
293
337
57,000
58,000
82
180
266
318
367
58,000
59,000
89
194
288
343
396
59,000
60,000
95
209
309
369
425
60,000
62,000
105
230
341
407
470
62,000
64,000
118
259
383
459
528
64,000
66,000
131
288
425
510
587
66,000
68,000
144
316
469
560
646
68,000
70,000
158
345
510
612
705
70,000
72,000
171
373
554
662
764
72,000
74,000
184
402
596
713
823|
March 20, 2006 650 2006–12 I.R.B.
REV. PROC. 2006–18 TABLE 6
DOLLAR AMOUNTS FOR ELECTRIC AUTOMOBILES
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2006
| 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
197
431
638
765
881
76,000
78,000
210
459
682
815
940
78,000
80,000
223
488
724
866
1,000
80,000
85,000
246
538
798
956
1,103
85,000
90,000
278
610
905
1,083
1,250
90,000
95,000
311
682
1,011
1,211
1,397
95,000
100,000
344
753
1,118
1,338
1,544
100,000
110,000
393
861
1,277
1,529
1,766
110,000
120,000
458
1,004
1,490
1,785
2,060
120,000
130,000
524
1,147
1,703
2,040
2,354
130,000
140,000
589
1,291
1,915
2,295
2,649
140,000
150,000
654
1,435
2,127
2,551
2,943
150,000
160,000
720
1,578
2,340
2,806
3,237
160,000
170,000
785
1,721
2,553
3,061
3,532
170,000
180,000
850
1,865
2,766
3,315
3,827
180,000
190,000
916
2,008
2,979
3,570
4,122
190,000
200,000
981
2,151
3,192
3,826
4,416
200,000
210,000
1,046
2,295
3,404
4,081
4,711
210,000
220,000
1,112
2,438
3,617
4,336
5,005
220,000
230,000
1,177
2,581
3,830
4,591
5,300
230,000
240,000
1,243
2,725
4,042
4,846
5,594
240,000
and up
1,308
2,868
4,255
5,102
5,888
amounts in this revenue procedure, contact Bernard P. Harvey at (202) 622–3110 (not a toll-free call).
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