WASHINGTON, D.C. — The Internal Revenue Service has issued Revenue Procedure 2005-13, which provides limitations on depreciation deductions for passenger vehicles first placed in service in calendar year 2005, including special tables on limitations on depreciation deductions for truck and vans, according to Fleet Focus, the e-mail newsletter produced by the National Association of Fleet Administrators (NAFA). The IRS notice includes separate tables of inclusion amounts for lessees of trucks and vans; and depreciation deductions for electric automobiles. For automobiles the depreciation limitations are $2,960 in the first tax year, $4,700 in the second tax year, $2,850 in the third tax year and $1,675 in each succeeding year, according to NAFA. For trucks and vans, the limitations are $3,260 in the first tax year, $5,200 in the second tax year, $3,150 in the third tax year and $1,875 in each succeeding year. These limitations are equivalent to an automobile with a fair market value of $14,800 and a truck or van value of $16,300. The text of Revenue Procedure 2005-13 is available at www.unclefed.com/Tax-Bulls/2005/05revprocssum.html