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  • Re: How do I account for loss of a vehicle? Filing 1099-NEC it asks if I stopped using vehicle in 2022. It was a total loss accident, bought new vehicle after. Itwants sales?
Hal_Al
Level 15 Hal_Al
Level 15
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Deductions & credits

Yes, you sold the car for $36,000 ( $28,000 and the GAP).

‎March 9, 2025 8:52 AM
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