Possibly.
Did you receive insurance reimbursement for your car? Was it used exclusively for business or part personal and part business?
Any insurance reimbursements will need to be deducted from the amount of the loss and personal use will need to be prorated against business use. You cannot take a deduction for any part of the personal use portion of the vehicle value.
As you walk through the business section of TurboTax, you will be asked about your vehicle. You will need to answer Yes, to did you stop using it in 2022. TurboTax will then guide you through the steps of claiming the loss of the vehicle as well as entering insurance reimbursements.
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