Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

CCA for a vehicle

My friend  bought his car 3 years ago in 2016. He started becoming an Uber Driver in December 2018 using the same vehicle. Can he claim any CCA at all since he already had his vehicle when he started the new business? And if Yes, what should he enter for the cost of vehicle?

1 Reply

CCA for a vehicle

He could claim CCA for the month of December and going forward. The vehicle would be listed as an "addition" in the CCA section of the vehicle expenses. Use the fair market value (you can obtain this info online) of the vehicle from the time he started using it for business - December 2018.