I am self-employed currently, but have transitioned to fully online work. So I am no longer using my vehicle for business purposes. It is being used only for my personal use now.
Since I am not selling/trading it in, I was told to use the opening UCC from my CCA for the proceeds of disposition (which will have no capital loss/gain outcome) hence, not effecting any of my deductions.
So what would be the answer for the CRA question below when I try to netfile? as technically there will have been no loss/gain
**Income:
Enter the self-employment income that doesn't qualify a earned income for RRSP purposes. The following, if applicable, will not be included in your RRSP deduction limit.
Net self-employment income that represent the taxable portion of gains on the disposition of eligible capital property from a business you carried alone or as an active partner.