Self employed


@bryankr wrote:

.....I have zero items that I depreciate on a schedule, but I do claim a few miles on a vehicle.  


With respect to a sole proprietorship (Schedule C), there is actually nothing you have to do beyond keeping track of any assets that have been converted to personal use (unless you claimed a Section 179 deduction in a prior year, which would be somewhat rare).

 

With respect to the vehicle, you may have a recapture event but not until you dispose of the vehicle.