We are ending the self employed bus in June 30/21 and incorporated. Do I sell truck to incorporation?
01287
1 Replies
TurboTaxSusan
Moderator
May 8, 2022 1:16:55 PM
How you want to transfer the ownership of your truck is up to you. But for the purpose of your personal income tax, you would enter the truck as a disposition in the CCA part of the Self-Employment section.