I purchased my vehicle in 2019. In 2023 I started doing doordash part time using my vehicle. Near the end of 2024 I got rear ended and the vehicle was written off. When it asks me in turbotax if I stopped using the vehicle for 2024, I checked that box. Then I had to go through all sorts of things about depreciation etc. Because I ended up getting more from the insurance than what the technical depreciation value of the vehicle is, it is reported as a gain and dropped my refund significantly. Am I doing this correct? I have since purchased another vehicle which I will again be using for doordash part time.
