Article 2 (“Provision of Information with
SECTION 3. SCOPE
Internal Revenue Bulletin 2007-18 · 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 2007, 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 2007. 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, Rev.
April 30, 2007 1104 2007–18 I.R.B.
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 2007, Tables 1 and 2 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 2007. Use Table 2 for trucks and vans placed in service by the taxpayer in calendar year 2007.
100%). This adjustment is applicable to all passenger automobiles (other than trucks and vans) that are first placed in service in calendar year 2007. The dollar limitations in § 280F(a) must therefore be multiplied by a factor of 0.1832, 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 and vans) for calendar year 2007. To determine the dollar limitations applicable to trucks and vans first placed in service during calendar year 2007, 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 141.4 for October 2006. The October 2006 index exceeded the October 1987 index by 29.0. The Service has, therefore, determined that the automobile price inflation adjustment for 2007 for trucks and vans is 25.80 percent (29.0/112.4 x 100%). This adjustment is applicable to all trucks and vans that are first placed in service in calendar year 2007. The dollar limitations in § 280F(a) must therefore be multiplied by a factor of 0.2580, and the resulting increases, after rounding to the nearest $100, are added to
REV. PROC. 2007–30 TABLE 1
DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES PLACED IN SERVICE BY THE TAXPAYER DURING CALENDAR YEAR 2007
Tax Year Amount
1st Tax Year $3,060
2nd Tax Year $4,900
3rd Tax Year $2,850
Each Succeeding Year $1,775
REV. PROC. 2007–30 TABLE 2
DEPRECIATION LIMITATIONS FOR TRUCKS AND VANS PLACED IN SERVICE BY THE TAXPAYER DURING CALENDAR YEAR 2007
Tax Year Amount
1st Tax Year $3,260
2nd Tax Year $5,200
3rd Tax Year $3,050
Each Succeeding Year $1,875
procedure in applying these procedures, while lessees of trucks and vans should use Table 4 of this revenue procedure.
- Inclusions in Income of Lessees of Passenger Automobiles.
The inclusion amounts for passenger automobiles first leased in calendar year
2007 are calculated under the procedures described in § 1.280F–7(a). Lessees of passenger automobiles other than trucks and vans should use Table 3 of this revenue
2007–18 I.R.B. 1105 April 30, 2007
REV. PROC. 2007–30 TABLE 3
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS OR VANS)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2007
| 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. 2007–30 TABLE 3
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS OR VANS)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2007
| $15,500 $15,800 2 5 11 11 13 15,800 16,100 4 10 17 19 22 16,100 16,400 6 14 24 28 31 16,400 16,700 9 18 31 35 41 16,700 17,000 11 23 37 43 50 17,000 17,500 13 29 46 54 62 17,500 18,000 17 37 56 68 77 18,000 18,500 20 44 68 81 93 18,500 19,000 24 51 80 94 108 19,000 19,500 27 59 90 108 124 19,500 20,000 30 67 101 121 139 20,000 20,500 34 74 113 134 154 20,500 21,000 37 82 123 148 170 21,000 21,500 41 89 135 161 185 21,500 22,000 44 97 146 174 201 22,000 23,000 49 108 163 194 224 23,000 24,000 56 123 185 221 255 24,000 25,000 63 138 207 248 285 25,000 26,000 70 153 229 275 316 26,000 27,000 77 168 251 302 347 27,000 28,000 83 183 274 328 378 28,000 29,000 90 198 296 355 409 29,000 30,000 97 213 318 382 439 30,000 31,000 104 228 341 408 470 31,000 32,000 111 243 363 435 501 32,000 33,000 118 258 385 461 532 33,000 34,000 125 273 407 488 563 34,000 35,000 131 288 430 515 593 35,000 36,000 138 303 452 542 624 36,000 37,000 145 318 474 568 656 37,000 38,000 152 333 496 595 686 38,000 39,000 159 348 519 621 717 39,000 40,000 166 363 541 648 748 40,000 41,000 172 378 564 674 779 41,000 42,000 179 393 586 701 810 42,000 43,000 186 408 608 728 840 43,000 44,000 193 423 630 755 871 44,000 45,000 200 438 652 782 902 45,000 46,000 207 453 674 809 933 46,000 47,000 213 468 697 835 964 47,000 48,000 220 483 719 862 995 48,000 49,000 227 498 742 888 1,025 49,000 50,000 234 513 764 915 1,056 50,000 51,000 241 528 786 942 1,087 51,000 52,000 248 543 808 969 1,117 52,000 53,000 254 558 831 995 1,148 53,000 54,000 261 573 853 1,022 1,179 54,000 55,000 268 588 875 1,049 1,210 55,000 56,000 275 603 897 1,076 1,241 56,000 57,000 282 618 920 1,102 1,271 57,000 58,000 289 633 942 1,128 1,303 58,000 59,000 296 648 964 1,155 1,334 59,000 60,000 302 663 987 1,182 1,364 |
$15,500 $15,800 2 5 11 11 13 15,800 16,100 4 10 17 19 22 16,100 16,400 6 14 24 28 31 16,400 16,700 9 18 31 35 41 16,700 17,000 11 23 37 43 50 17,000 17,500 13 29 46 54 62 17,500 18,000 17 37 56 68 77 18,000 18,500 20 44 68 81 93 18,500 19,000 24 51 80 94 108 19,000 19,500 27 59 90 108 124 19,500 20,000 30 67 101 121 139 20,000 20,500 34 74 113 134 154 20,500 21,000 37 82 123 148 170 21,000 21,500 41 89 135 161 185 21,500 22,000 44 97 146 174 201 22,000 23,000 49 108 163 194 224 23,000 24,000 56 123 185 221 255 24,000 25,000 63 138 207 248 285 25,000 26,000 70 153 229 275 316 26,000 27,000 77 168 251 302 347 27,000 28,000 83 183 274 328 378 28,000 29,000 90 198 296 355 409 29,000 30,000 97 213 318 382 439 30,000 31,000 104 228 341 408 470 31,000 32,000 111 243 363 435 501 32,000 33,000 118 258 385 461 532 33,000 34,000 125 273 407 488 563 34,000 35,000 131 288 430 515 593 35,000 36,000 138 303 452 542 624 36,000 37,000 145 318 474 568 656 37,000 38,000 152 333 496 595 686 38,000 39,000 159 348 519 621 717 39,000 40,000 166 363 541 648 748 40,000 41,000 172 378 564 674 779 41,000 42,000 179 393 586 701 810 42,000 43,000 186 408 608 728 840 43,000 44,000 193 423 630 755 871 44,000 45,000 200 438 652 782 902 45,000 46,000 207 453 674 809 933 46,000 47,000 213 468 697 835 964 47,000 48,000 220 483 719 862 995 48,000 49,000 227 498 742 888 1,025 49,000 50,000 234 513 764 915 1,056 50,000 51,000 241 528 786 942 1,087 51,000 52,000 248 543 808 969 1,117 52,000 53,000 254 558 831 995 1,148 53,000 54,000 261 573 853 1,022 1,179 54,000 55,000 268 588 875 1,049 1,210 55,000 56,000 275 603 897 1,076 1,241 56,000 57,000 282 618 920 1,102 1,271 57,000 58,000 289 633 942 1,128 1,303 58,000 59,000 296 648 964 1,155 1,334 59,000 60,000 302 663 987 1,182 1,364 |
$15,500 $15,800 2 |
|---|
$15,500
$15,800
2
5
11
11
13
15,800
16,100
4
10
17
19
22
16,100
16,400
6
14
24
28
31
16,400
16,700
9
18
31
35
41
16,700
17,000
11
23
37
43
50
17,000
17,500
13
29
46
54
62
17,500
18,000
17
37
56
68
77
18,000
18,500
20
44
68
81
93
18,500
19,000
24
51
80
94
108
19,000
19,500
27
59
90
108
124
19,500
20,000
30
67
101
121
139
20,000
20,500
34
74
113
134
154
20,500
21,000
37
82
123
148
170
21,000
21,500
41
89
135
161
185
21,500
22,000
44
97
146
174
201
22,000
23,000
49
108
163
194
224
23,000
24,000
56
123
185
221
255
24,000
25,000
63
138
207
248
285
25,000
26,000
70
153
229
275
316
26,000
27,000
77
168
251
302
347
27,000
28,000
83
183
274
328
378
28,000
29,000
90
198
296
355
409
29,000
30,000
97
213
318
382
439
30,000
31,000
104
228
341
408
470
31,000
32,000
111
243
363
435
501
32,000
33,000
118
258
385
461
532
33,000
34,000
125
273
407
488
563
34,000
35,000
131
288
430
515
593
35,000
36,000
138
303
452
542
624
36,000
37,000
145
318
474
568
656
37,000
38,000
152
333
496
595
686
38,000
39,000
159
348
519
621
717
39,000
40,000
166
363
541
648
748
40,000
41,000
172
378
564
674
779
41,000
42,000
179
393
586
701
810
42,000
43,000
186
408
608
728
840
43,000
44,000
193
423
630
755
871
44,000
45,000
200
438
652
782
902
45,000
46,000
207
453
674
809
933
46,000
47,000
213
468
697
835
964
47,000
48,000
220
483
719
862
995
48,000
49,000
227
498
742
888
1,025
49,000
50,000
234
513
764
915
1,056
50,000
51,000
241
528
786
942
1,087
51,000
52,000
248
543
808
969
1,117
52,000
53,000
254
558
831
995
1,148
53,000
54,000
261
573
853
1,022
1,179
54,000
55,000
268
588
875
1,049
1,210
55,000
56,000
275
603
897
1,076
1,241
56,000
57,000
282
618
920
1,102
1,271
57,000
58,000
289
633
942
1,128
1,303
58,000
59,000
296
648
964
1,155
1,334
59,000
60,000
302
663
987
1,182
1,364
April 30, 2007 1106 2007–18 I.R.B.
REV. PROC. 2007–30 TABLE 3
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS OR VANS)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2007
| 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. 2007–30 TABLE 3
DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES
(THAT ARE NOT TRUCKS OR VANS)
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2007
| 60,000 62,000 313 685 1,020 1,222 1,411 62,000 64,000 326 716 1,064 1,276 1,472 64,000 66,000 340 746 1,108 1,329 1,534 66,000 68,000 354 775 1,154 1,382 1,595 68,000 70,000 367 806 1,198 1,435 1,657 70,000 72,000 381 836 1,242 1,489 1,719 72,000 74,000 395 865 1,287 1,543 1,780 74,000 76,000 408 896 1,331 1,596 1,842 76,000 78,000 422 926 1,376 1,649 1,903 78,000 80,000 436 955 1,421 1,703 1,965 80,000 85,000 460 1,008 1,498 1,796 2,074 85,000 90,000 494 1,083 1,610 1,929 2,228 90,000 95,000 528 1,158 1,721 2,063 2,382 95,000 100,000 562 1,233 1,833 2,196 2,536 100,000 110,000 614 1,346 1,999 2,396 2,767 110,000 120,000 682 1,496 2,222 2,663 3,075 120,000 130,000 750 1,646 2,444 2,931 3,383 130,000 140,000 819 1,796 2,667 3,197 3,692 140,000 150,000 887 1,946 2,890 3,464 4,000 150,000 160,000 956 2,096 3,112 3,731 4,308 160,000 170,000 1,024 2,246 3,335 3,998 4,616 170,000 180,000 1,093 2,396 3,557 4,266 4,924 180,000 190,000 1,161 2,546 3,780 4,532 5,233 190,000 200,000 1,229 2,696 4,003 4,799 5,541 200,000 210,000 1,298 2,846 4,225 5,067 5,848 210,000 220,000 1,366 2,996 4,448 5,333 6,157 220,000 230,000 1,435 3,146 4,671 5,600 6,465 230,000 240,000 1,503 3,296 4,893 5,867 6,774 240,000 and up 1,571 3,446 5,116 6,134 7,082 |
60,000 62,000 313 685 1,020 1,222 1,411 62,000 64,000 326 716 1,064 1,276 1,472 64,000 66,000 340 746 1,108 1,329 1,534 66,000 68,000 354 775 1,154 1,382 1,595 68,000 70,000 367 806 1,198 1,435 1,657 70,000 72,000 381 836 1,242 1,489 1,719 72,000 74,000 395 865 1,287 1,543 1,780 74,000 76,000 408 896 1,331 1,596 1,842 76,000 78,000 422 926 1,376 1,649 1,903 78,000 80,000 436 955 1,421 1,703 1,965 80,000 85,000 460 1,008 1,498 1,796 2,074 85,000 90,000 494 1,083 1,610 1,929 2,228 90,000 95,000 528 1,158 1,721 2,063 2,382 95,000 100,000 562 1,233 1,833 2,196 2,536 100,000 110,000 614 1,346 1,999 2,396 2,767 110,000 120,000 682 1,496 2,222 2,663 3,075 120,000 130,000 750 1,646 2,444 2,931 3,383 130,000 140,000 819 1,796 2,667 3,197 3,692 140,000 150,000 887 1,946 2,890 3,464 4,000 150,000 160,000 956 2,096 3,112 3,731 4,308 160,000 170,000 1,024 2,246 3,335 3,998 4,616 170,000 180,000 1,093 2,396 3,557 4,266 4,924 180,000 190,000 1,161 2,546 3,780 4,532 5,233 190,000 200,000 1,229 2,696 4,003 4,799 5,541 200,000 210,000 1,298 2,846 4,225 5,067 5,848 210,000 220,000 1,366 2,996 4,448 5,333 6,157 220,000 230,000 1,435 3,146 4,671 5,600 6,465 230,000 240,000 1,503 3,296 4,893 5,867 6,774 240,000 and up 1,571 3,446 5,116 6,134 7,082 |
60,000 62,000 313 685 1,020 1,222 1,411 62,000 64,000 326 716 1,064 1,276 1,472 64,000 66,000 340 746 1,108 1,329 1,534 66,000 68,000 354 775 1,154 1,382 1,595 68,000 70,000 367 806 1,198 1,435 1,657 70,000 72,000 381 836 1,242 1,489 1,719 72,000 74,000 395 865 1,287 1,543 1,780 74,000 76,000 408 896 1,331 1,596 1,842 76,000 78,000 422 926 1,376 1,649 1,903 78,000 80,000 436 955 1,421 1,703 1,965 80,000 85,000 460 1,008 1,498 1,796 2,074 85,000 90,000 494 1,083 1,610 1,929 2,228 90,000 95,000 528 1,158 1,721 2,063 2,382 95,000 100,000 562 1,233 1,833 2,196 2,536 100,000 110,000 614 1,346 1,999 2,396 2,767 110,000 120,000 682 1,496 2,222 2,663 3,075 120,000 130,000 750 1,646 2,444 2,931 3,383 130,000 140,000 819 1,796 2,667 3,197 3,692 140,000 150,000 887 1,946 2,890 3,464 4,000 150,000 160,000 956 2,096 3,112 3,731 4,308 160,000 170,000 1,024 2,246 3,335 3,998 4,616 170,000 180,000 1,093 2,396 3,557 4,266 4,924 180,000 190,000 1,161 2,546 3,780 4,532 5,233 190,000 200,000 1,229 2,696 4,003 4,799 5,541 200,000 210,000 1,298 2,846 4,225 5,067 5,848 210,000 220,000 1,366 2,996 4,448 5,333 6,157 220,000 230,000 1,435 3,146 4,671 5,600 6,465 230,000 240,000 1,503 3,296 4,893 5,867 6,774 240,000 and up 1,571 3,446 5,116 6,134 7,082 |
60,000 62,000 313 685 1,020 1,222 1,411 62,000 64,000 326 716 1,064 1,276 1,472 64,000 66,000 340 746 1,108 1,329 1,534 66,000 68,000 354 775 1,154 1,382 |
|---|
1,595
68,000
70,000
367
806
1,198
1,435
1,657
70,000
72,000
381
836
1,242
1,489
1,719
72,000
74,000
395
865
1,287
1,543
1,780
74,000
76,000
408
896
1,331
1,596
1,842
76,000
78,000
422
926
1,376
1,649
1,903
78,000
80,000
436
955
1,421
1,703
1,965
80,000
85,000
460
1,008
1,498
1,796
2,074
85,000
90,000
494
1,083
1,610
1,929
2,228
90,000
95,000
528
1,158
1,721
2,063
2,382
95,000
100,000
562
1,233
1,833
2,196
2,536
100,000
110,000
614
1,346
1,999
2,396
2,767
110,000
120,000
682
1,496
2,222
2,663
3,075
120,000
130,000
750
1,646
2,444
2,931
3,383
130,000
140,000
819
1,796
2,667
3,197
3,692
140,000
150,000
887
1,946
2,890
3,464
4,000
150,000
160,000
956
2,096
3,112
3,731
4,308
160,000
170,000
1,024
2,246
3,335
3,998
4,616
170,000
180,000
1,093
2,396
3,557
4,266
4,924
180,000
190,000
1,161
2,546
3,780
4,532
5,233
190,000
200,000
1,229
2,696
4,003
4,799
5,541
200,000
210,000
1,298
2,846
4,225
5,067
5,848
210,000
220,000
1,366
2,996
4,448
5,333
6,157
220,000
230,000
1,435
3,146
4,671
5,600
6,465
230,000
240,000
1,503
3,296
4,893
5,867
6,774
240,000
and up
1,571
3,446
5,116
6,134
7,082|60,000
62,000
313
685
1,020
1,222
1,411
62,000
64,000
326
716
1,064
1,276
1,472
64,000
66,000
340
746
1,108
1,329
1,534
66,000
68,000
354
775
1,154
1,382
1,595
68,000
70,000
367
806
1,198
1,435
1,657
70,000
72,000
381
836
1,242
1,489
1,719
72,000
74,000
395
865
1,287
1,543
1,780
74,000
76,000
408
896
1,331
1,596
1,842
76,000
78,000
422
926
1,376
1,649
1,903
78,000
80,000
436
955
1,421
1,703
1,965
80,000
85,000
460
1,008
1,498
1,796
2,074
85,000
90,000
494
1,083
1,610
1,929
2,228
90,000
95,000
528
1,158
1,721
2,063
2,382
95,000
100,000
562
1,233
1,833
2,196
2,536
100,000
110,000
614
1,346
1,999
2,396
2,767
110,000
120,000
682
1,496
2,222
2,663
3,075
120,000
130,000
750
1,646
2,444
2,931
3,383
130,000
140,000
819
1,796
2,667
3,197
3,692
140,000
150,000
887
1,946
2,890
3,464
4,000
150,000
160,000
956
2,096
3,112
3,731
4,308
160,000
170,000
1,024
2,246
3,335
3,998
4,616
170,000
180,000
1,093
2,396
3,557
4,266
4,924
180,000
190,000
1,161
2,546
3,780
4,532
5,233
190,000
200,000
1,229
2,696
4,003
4,799
5,541
200,000
210,000
1,298
2,846
4,225
5,067
5,848
210,000
220,000
1,366
2,996
4,448
5,333
6,157
220,000
230,000
1,435
3,146
4,671
5,600
6,465
230,000
240,000
1,503
3,296
4,893
5,867
6,774
240,000
and up
1,571
3,446
5,116
6,134
7,082|60,000
62,000
313
685
1,020
1,222
1,411
62,000
64,000
326
716
1,064
1,276
1,472
64,000
66,000
340
746
1,108
1,329
1,534
66,000
68,000
354
775
1,154
1,382
1,595
68,000
70,000
367
806
1,198
1,435
1,657
70,000
72,000
381
836
1,242
1,489
1,719
72,000
74,000
395
865
1,287
1,543
1,780
74,000
76,000
408
896
1,331
1,596
1,842
76,000
78,000
422
926
1,376
1,649
1,903
78,000
80,000
436
955
1,421
1,703
1,965
80,000
85,000
460
1,008
1,498
1,796
2,074
85,000
90,000
494
1,083
1,610
1,929
2,228
90,000
95,000
528
1,158
1,721
2,063
2,382
95,000
100,000
562
1,233
1,833
2,196
2,536
100,000
110,000
614
1,346
1,999
2,396
2,767
110,000
120,000
682
1,496
2,222
2,663
3,075
120,000
130,000
750
1,646
2,444
2,931
3,383
130,000
140,000
819
1,796
2,667
3,197
3,692
140,000
150,000
887
1,946
2,890
3,464
4,000
150,000
160,000
956
2,096
3,112
3,731
4,308
160,000
170,000
1,024
2,246
3,335
3,998
4,616
170,000
180,000
1,093
2,396
3,557
4,266
4,924
180,000
190,000
1,161
2,546
3,780
4,532
5,233
190,000
200,000
1,229
2,696
4,003
4,799
5,541
200,000
210,000
1,298
2,846
4,225
5,067
5,848
210,000
220,000
1,366
2,996
4,448
5,333
6,157
220,000
230,000
1,435
3,146
4,671
5,600
6,465
230,000
240,000
1,503
3,296
4,893
5,867
6,774
240,000
and up
1,571
3,446
5,116
6,134
7,082|
REV. PROC. 2007–30 TABLE 4
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2007
| 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 |
| $16,400 $16,700 2 4 8 10 11 16,700 17,000 4 9 15 17 21 17,000 17,500 6 15 24 28 33 17,500 18,000 10 22 35 42 48 18,000 18,500 13 30 46 55 64 18,500 19,000 17 37 57 69 79 19,000 19,500 20 45 68 82 94 19,500 20,000 24 52 80 95 109 20,000 20,500 27 60 90 109 125 20,500 21,000 30 67 102 122 141 21,000 21,500 34 75 113 135 156 21,500 22,000 37 82 124 149 171 22,000 23,000 42 94 140 169 194 23,000 24,000 49 109 163 195 225 24,000 25,000 56 123 186 222 256 |
2007–18 I.R.B. 1107 April 30, 2007
REV. PROC. 2007–30 TABLE 4
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2007
| 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 |
25,000
26,000
63
138
208
249
286
26,000
27,000
70
153
230
276
317
27,000
28,000
77
168
252
302
349
28,000
29,000
83
184
274
329
379
29,000
30,000
90
199
296
356
410
30,000
31,000
97
214
318
383
440
31,000
32,000
104
228
342
408
472
32,000
33,000
111
243
364
435
503
33,000
34,000
118
258
386
462
534
34,000
35,000
125
273
408
489
564
35,000
36,000
131
289
430
515
595
36,000
37,000
138
304
452
542
626
37,000
38,000
145
318
475
569
657
38,000
39,000
152
333
497
596
688
39,000
40,000
159
348
520
622
718
40,000
41,000
166
363
542
649
749
41,000
42,000
172
379
563
676
780
42,000
43,000
179
394
586
702
811
43,000
44,000
186
409
608
729
842
44,000
45,000
193
423
631
756
872
45,000
46,000
200
438
653
783
903
46,000
47,000
207
453
675
810
934
47,000
48,000
213
469
697
836
965
48,000
49,000
220
484
719
863
996
49,000
50,000
227
499
741
890
1,026
50,000
51,000
234
514
764
916
1,057
51,000
52,000
241
528
787
943
1,088
52,000
53,000
248
543
809
969
1,119
53,000
54,000
254
559
831
996
1,150
54,000
55,000
261
574
853
1,023
1,180
55,000
56,000
268
589
875
1,050
1,211
56,000
57,000
275
604
897
1,076
1,243
57,000
58,000
282
618
920
1,103
1,273
58,000
59,000
289
633
943
1,129
1,304
59,000
60,000
296
648
965
1,156
1,335
60,000
62,000
306
671
998
1,196
1,381
62,000
64,000
319
701
1,043
1,249
1,443
64,000
66,000
333
731
1,087
1,303
1,504
66,000
68,000
347
761
1,131
1,357
1,566
68,000
70,000
361
791
1,176
1,410
1,627
70,000
72,000
374
821
1,221
1,463
1,689
72,000
74,000
388
851
1,265
1,517
1,751
74,000
76,000
402
881
1,309
1,570
1,813
76,000
78,000
415
911
1,354
1,624
1,874
78,000
80,000
429
941
1,399
1,676
1,936
80,000
85,000
453
994
1,476
1,770
2,044
85,000
90,000
487
1,069
1,587
1,904
2,198
90,000
95,000
521
1,144
1,699
2,037
2,352
95,000
100,000
555
1,219
1,810
2,171
2,506
100,000
110,000
607
1,331
1,977
2,371
2,737
110,000
120,000
675
1,481
2,200
2,638
3,045
120,000
130,000
744
1,631
2,423
2,904
3,354
130,000
140,000
812
1,781
2,646
3,171
3,662
140,000
150,000
880
1,932
2,867
3,439
3,970
150,000
160,000
949
2,081
3,091
3,705
4,279
160,000
170,000
1,017
2,232
3,313
3,972
4,586
April 30, 2007 1108 2007–18 I.R.B.
REV. PROC. 2007–30 TABLE 4
DOLLAR AMOUNTS FOR TRUCKS AND VANS
WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2007
| 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 |
| 170,000 180,000 1,086 2,381 3,536 4,239 4,895 180,000 190,000 1,154 2,532 3,758 4,506 5,203 190,000 200,000 1,222 2,682 3,981 4,773 5,511 200,000 210,000 1,291 2,831 4,204 5,040 5,820 210,000 220,000 1,359 2,982 4,426 5,307 6,128 220,000 230,000 1,428 3,131 4,649 5,575 6,435 230,000 240,000 1,496 3,282 4,871 5,841 6,744 240,000 and up 1,565 3,431 5,095 6,108 7,052 |
amounts in this revenue procedure, contact Bernard P. Harvey at (202) 622–3110 (not a toll-free call).
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