Exhibit 3: Depreciation and Lease Limits
IRC section 280F Depreciation Limits for 2000
Year 1 Limit $3,060.00
Year 2 Limit $4,900.00
Year 3 Limit $2,950.00
Year 4 Limit $1,775.00
Year 5 Limit $1,775.00
Year 6 Limit $1,775.00
Dollar amounts for autos (partial table) with lease term
beginning in calendar year 2000
Fair market value of auto 1st 2nd 3rd 4th 5th and
later year
Over Not over                
20,000 20,500 41 91 133 160 85
20,500 21,000 45 100 147 176 204
21,000 21,500 50 109 160 193 222
21,500 22,000 54 118 174 209 241
22,000 23,000 60 132 194 234 269
23,000 24,000 68 150 222 266 306
24,000 25,000 77 168 249 298 345
25,000 26,000 85 187 276 331 381
26,000 27,000 93 205 303 364 419
27,000 28,000 102 223 330 396 457
28,000 29,000 110 241 358 429 494
29,000 30,000 119 259 385 461 532
30,000 31,000 127 278 412 493 570
31,000 32,000 135 296 439 527 607
32,000 33,000 144 314 467 558 645
33,000 34,000 152 333 493 591 683
34,000 35,000 160 351 521 623 720
35,000 36,000 169 369 548 656 757
36,000 37,000 177 388 574 689 795
37,000 38,000 185 406 602 721 833
38,000 39,000 194 424 629 754 870
39,000 40,000 202 443 656 786 908
Source: Revenue procedure 2000-18, IRB 2000-9, 722, February 27, 2000.