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joewhite02
New Member

How do I dispose of personal vehicle used for work purposes when I did not sell it?

I have a personal vehicle I am using for work purposes. In June of last year I purchased a new vehicle but did not sell the old one, I kept it for my spouse to use instead.

I need to add the new vehicle for CCA purposes?  How do I remove the old vehicle (it is still showing as carried over from last year, at what value) and then add the new one? 

1 Reply
TurboTaxTatsiana1
New Member

How do I dispose of personal vehicle used for work purposes when I did not sell it?

When you stop using vehicle for business but still keep it for personal use it is a  deemed disposition . The old vehicle should be  disposed at UCC at the start of the year.  And you should create  a second  vehicle form for the new car you have purchased. 

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