IRS Annual-Lease-Value Conversion Table

The chart below is used to determine the Annual-Lease Value (ALV) based on the fair market value of a vehicle. It is mandatory that the ALV method is used when the fair market value of the vehicle exceeds the IRS Cents-Per-Mile Value Limit when first made available to the employee.

Note: For vehicles that do not exceed the limit, the ALV method or the Fixed-Rate-Per-Mile method may be used. For additional information, please visit - Employer's Tax Guide to Fringe Benefits.

Vehicle Fair Market Value

Annual Lease Value

$0 - 999

$600

$1,000 - 1,999

$850

$2,000 - 2,999

$1,100

$3,000 - 3,999

$1,350

$4,000 - $4,999

$1,600

$5,000 - $5,999

$1,850

$6,000 - 6,999

$2,100

$7,000 - 7,999

$2,350

$8,000 - 8,999

$2,600

$9,000 - 9,999

$2,850

$10,000 - $10,999

$3,100

$11,000 - 11,999

$3,350

$12,000 - 12,999

$3,600

$13,000 - 13,999

$3,850

$14,000 - 14,999

$4,100

$15,000 - 15,999

$4,350

$16,000 - 16,999

$4,600

$17,000 - 17,999

$4,850

$18,000 - 18,999

$5,100

$19,000 - 19,999

$5,350

$20,000 - 20,999

$5,600

$21,000 - 21,999

$5,850

$22,000 - 22,999

$6,100

$23,000 - 23,999

$6,350

$24,000 - 24,999

$6,600

$25,000 - 25,999

$6,850

$26,000 - 27,999

$7,250

$28,000 - 29,999

$7,750

$30,000 - 31,999

$8,250

$32,000 - 33,999

$8,750

$34,000 - 35,999

$9,250

$36,000 - 37,999

$9,750

$38,000 - 39,999

$10,250

$40,000 - 41,999

$10,750

$42,000 - 43,999

$11,250

$44,000 - 45,999

$11,750

$46,000 - 47,999

$12,250

$48,000 - 48,999

$12,750

$50,000 - 51,999

$13,250

$52,000 - 53,999

$13,750

$54,000 - 55,999

$14,250

$56,000 - 57,999

$14,750

$58,000 - 60,000

$15,250

 

 

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