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Annual Lease Table: Help for
Valuing Employees' Use of a Vehicle
If you are an employer and you provide a vehicle to an
employee for an entire year, you may value the use of that
vehicle (a fringe benefit to your employee) by using the
vehicle's annual lease value. A vehicle's annual lease value is
based on the fair market value of the vehicle when it is first
available for personal use and is determined under an annual
lease table provided by the IRS. The table is based on a
four-year lease term. The attached file contains the annual
lease table as well as an example which shows how to use the
table to value an employee's use of a vehicle.
The file is in rich text format (RTF) that is suitable for use
with most word processing programs used in the Windows
environment. |
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 Download
Now: Annual lease table |
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