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kyleallynschultz
May 3, 2022
Question

We are ending the self employed bus in June 30/21 and incorporated. Do I sell truck to incorporation?

  • May 3, 2022
  • 1 reply
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    1 reply

    TurboTaxSusan
    TurboTaxSusan
    May 8, 2022

    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.

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