No, you will not report the sale on your tax return since the vehicle was sold at a loss. The sale of personal items at a loss is not tax deductible.
If you received a Form 1099-K, please see this link for guidance on how to report the proceeds from the sale. (Form 1099-K is only issued if you made over $20,000 in 2023 so you most likely did not receive this form.)
Please see this link for additional information on how to report sales of personal property.
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