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I stopped Drive Uber in 2018, do I have to file a dispose of business in 2019?
But the vehicle I used to drive uber was totaled in a collision in May 2019 (after I stopped drive uber), the investigation has just done recently and they discovered that I'm not responsible for the claim, so I end up still lose money (Time, the necessity of new vehicle purchase, car rental cost, transportation cost, etc.) even though they recovered my deductible from the responsible party.
What is the tax situation in this case? Thanks in advance!
March 8, 2020
8:43 PM