My personal car for delivering orders was stolen late last year. I got it back but it can't be driven. Is this a business loss and if so how do I report it on my taxes?

[ErnieS0]

It's part business and part personal unless you used your car 100% for business.

Here's how to enter this in TurboTax:

1. Type casualty loss in Search in the upper right
2. Click Jump to casualty loss
3. Say Yes on Casualties and Thefts?
4. On Casualty or Theft Event enter a description and date. Choose either Personal Property or Income-Producing Property
5. Your cost basis will be the percentage you used for either personal or business. For example, if you paid $20,000 for you car and used it 50/50, your personal cost basis would be $10,000 and your business cost basis would be $10,000
6. After you compete either the Personal Property or Income Producing Property section, complete the other section to enter the rest of your car. 

Learn more at Topic No. 515 Casualty, Disaster, and Theft Losses.