Alpha Leasing Company
IRS Annual Lease Value Table
Under the IRS Lease Value Rule, you determine the value of an automobile you provide to an employee by using its annual lease value. For an automobile provided only part of the year, use either its prorated annual lease value or its daily lease value.


Automobile Fair
Market Value

Annual
Lease Value

Automobile Fair
Market Value

Annual
Lease Value
$0 to 999      $           600 23,000 to 23,999                 6,350
1,000 to 1,999                   850 24,000 to 24,999                 6,600
2,000 to 2,999                1,100 25,000 to 25,999                 6,850
3,000 to 3,999                1,350 26,000 to 27,999                 7,250
4,000 to 4,999                1,600 28,000 to 29,999                 7,750
5,000 to 5,999                1,850 30,000 to 31,999                 8,250
6,000 to 6,999                2,100 32,000 to 33,999                 8,750
7,000 to 7,999                2,350 34,000 to 35,999                 9,250
8,000 to 8,999                2,600 36,000 to 37,999                 9,750
9,000 to 9,999                2,850 38,000 to 39,999               10,250
10,000 to 10,999                3,100 40,000 to 41,999               10,750
11,000 to 11,999                3,350 42,000 to 43,999               11,250
12,000 to 12,999                3,600 44,000 to 45,999               11,750
13,000 to 13,999                3,850 46,000 to 47,999               12,250
14,000 to 14,999                4,100 48,000 to 49,999               12,750
15,000 to 15,999                4,350 50,000 to 51,999               13,250
16,000 to 16,999                4,600 52,000 to 53,999               13,750
17,000 to 17,999                4,850 54,000 to 55,999               14,250
18,000 to 18,999                5,100 56,000 to 57,999               14,750
19,000 to 19,999                5,350 58,000 to 59,999               15,250
20,000 to 20,999                5,600            
21,000 to 21,999                5,850

 For vehicles having a fair market value (FMV) in excess of $59,999, the ALV is equal to (.0.25 x the FMV of the automobile)  + $500           

22,000 to 22,999                6,100
 
215 S HURSTBOURNE PKWY, SUITE 103  •  Louisville, KY 40222  •  PHONE: 800-800-5327 • fax: (502) 426-2793 •  email: Info@alphaleasing.com