Live Assistance allows you to chat with a professional leasing agent in real time. Available from 8:00 a.m. to 5:00 p.m. EST, Monday to Fridays, using your Web browser. This means that there are no delays in getting the help you need. To chat, simply click on a Live Assistance  icon and a small window will pop upon your screen. After a moment, a representative will introduce him- or herself. Type in your question, hit the Submit button and begin your conversation. Remember, unlike email, there are no delays with live chat, so you receive an immediate answer.   What is Live Assistance? Taxable Value of Personal Use of Employer Provided Vehicle How much income should be shown on the W2 ?

This calculator will help you determine how much income you need to show on an employee's W2 for the personal use of a vehicle provided by the employer.  There are three methods available for calculating this amount. There are specific rules for when you use each of these methods.  Please click here for a summary of the rules.  While we give you some guidance here, it is beyond the scope of this calculator to definitively determine which method you need to use.  Please check with your tax professional if you are unsure which method you should be using. 

This calculator is designed to easily give you the correct W2 amount in most situations.  Please consult you CPA or other financial expert to get exact numbers  if your situation is more complicated.

Start the calculator by choosing a calculation method.

	Year Placed In Service     Choose a Year 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 Value of Vehicle When First Placed in Service    Year W2 to be calculated     Choose a Year 2008 2007 2006 2005 2004 Vehicle Type:    Choose a Vehicle Type Car Truck or Van Total Miles Driven During Year    Personal Miles Driven During Year      Cents Per Mile:    Total Amount to W2:    Number of one-way commuting trips from home to office or first duty station of the day. Number of one-way commuting trips to home from office or last duty station of the day.   Total Number of Trips Total Amount to W2 at $1.50 per trip Vehicle Ownership Type Choose Lease Purchase Purchase Price (Including Sales Tax) Cap Cost MSRP Sales Tax Rate Invoice Retail Value from Recognized Pricing Source Total Miles Driven During Year    Personal Miles Driven During Year    Fuel Valuation Method: Choose 5.5 Cents Per Mile Actual Costs Total Cost of Fuel   Annual Lease Value (ALV) % Personal Use Personal  ALV Amount Personal Fuel Amount Total Amount to W2