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Deductions & credits
Since you still own the car, are you using it for business in 2021? If so, you did not stop using the car. You were just sidelined with COVID like everyone else. If you really did stop using the car, then mark that you stopped using the car.
If you have always taken just the normal expenses each year, you are good. If you ever wrote off part of the car, then you have homework to do as you may need to do a recapture of what you wrote off.
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May 17, 2021
12:07 PM