I was an Uber driver. I did it in 2015-16 but I basically started with a clean slate in 2017 because I retired the old vehicle on 1/1/17 and bought a new one on 1/10/17.
I stopped driving in July and sold the vehicle in October. I had 12,750 business miles and 450 personal miles. The cost basis of the car was about $12,750 and I got $7,000 when I sold it.
I chose to use the actual method. I thought my costs would equal the actual expenses for gas, repairs, insurance, etc., plus the $5,750 difference between the purchase and sale price of the car. Regardless of the depreciation among, the depreciation plus loss on sale should equal $5,750.
However, when I put this into the program I'm using, FreeTaxUSA, it tells me my depreciation deduction is 0.
What am I, or the program, doing or thinking wrong? Is the loss on the sale of the car supposed to go in a different place? I consider the 450 personal miles to be de minimus, which I think is reasonable - I did have a personal car that I almost always used for personal travel.