Inclusion Amount

Description and Definition of Inclusion Amount

The calculated amount you must add back to your income if the fair market value of your leased business automobile is above a certain amount. This limits your deduction for lease payments so that you can only deduct the amount you would have been able to deduct as depreciation if you had owned the car.

Resources

See Also

Further Reading

• Inclusion Amount in the West's Tax Law Dictionary
• Inclusion Amount in “A Dictionary of Taxation”