Taxpayer - sole proprietor in 2017 (Jan - Dec), used a personal vehicle, & UCC on Dec 31, 2017 for two small assets (Hard drive & software) were $160 & $130
2018 operated under an incorporated business.
Do these nominal assets need to be disposed of from the sole prop?
Also, in the 2018 T1 file on schedule T2125 it will be marked YES to the question “Was this your final year of business?”
However, what should the fiscal period be (From:_____ To:________)?