SECTION 6. MAXIMUM VALUE
Internal Revenue Bulletin 2024-2 · 2026-10-03 edition · updated 2026-10-04 · United States
OF EMPLOYER-PROVIDED AUTOMOBILES
For purposes of the fleet-average valuation rule in § 1.61-21(d)(5)(v) and the vehicle cents-per-mile valuation rule in § 1.61-21(e), the maximum FMV of automobiles (including trucks and vans) first made available to employees in calendar year 2024 is $62,000.
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