Lease Inclusion Calculation dialog

Use the Lease inclusion window to calculate the lease inclusion amount for a leased vehicle.
To open this window, perform one the following steps.
  • Select
    Lease inclusion
    in the Additional 1040, 1065, or 1120 vehicle information group box in the
    Vehicle/Listed
    tab.
  • Select
    Calc
    in the Lease inclusion row of the grid in the
    Vehicle Entry
    window for 1040, 1065, or 1120 clients.

Fields & buttons

Enter the date on which the lease began.
Enter the vehicle's fair market value as of the date on which the lease began.
Enter the length of the lease in months.
This field displays the calculated lease inclusion amount for the current year. This amount is calculated using the previous values and the lease inclusion tables. This amount is calculated only if values have been entered in the preceding fields.
If you disagree with the application-calculated lease inclusion amount, enter the amount in this field.
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