Sole proprietor auto expenses
I need a definitive answer on this one. Sole proprietor uses their personal car for business purposes 30% of the time. When Profile asks if the auto is owned by the business (default is yes), the auto info flows to the T2125 on line 9281. If I override to say "no" it flows through to section 7. I've been told that unless the vehicle is owned by the business for business purposes (ie: a contractor's van), the ownership question should be answered "no" and the expenses claimed in section 7 of the T2125, with the partnership amount being 100%. Which is correct? The ITA folio and Business Expense guide do not give specific advice on this situation.