First of all, you would report that the vehicle was converted to personal use.
There is no depreciation recapture (or Capital gain/Loss) until you actually sell the vehicle.
The depreciation you claimed is calculated yearly when you use the standard mileage rate. Each year a potion of the standard rate includes a "Depreciation Equivalent".
2023 it was .28 per mile
2022 it was .26 per mile
2021 it was .26 per mile
2020 it was .27 per mile
2019 it was .26 per mile
So you would need to multiply the miles claimed each year by the Depreciation Equivalent of that year and add them all together. That is the depreciation claimed.
Subtract the depreciation claimed from the basis of the vehicle, so 6,000 less the deprecation. (lets say 6,000 - 447 = 5,553)
$5,553 would be your "Adjusted Basis".
If SOMEDAY you sell the vehicle for more than 5,553, the first 447 over that would be depreciation recapture which is Ordinary Income. Anything over 6,000 would be Capital gain.
Since the vehicle is converted to personal use, there can never be a loss claimed.
Again, this is not addressed until the vehicle is sold or traded in (where the trade-in value would be the sale proceeds)
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