On average, cost of basic single coat of paint application on walls and ceiling in one 150 ft 2 bedroom vary from $125 to $165 excluding paint expenses and actual prices will be determined by a number of factors.
Subtract the salvage value, if any, to find the depreciable value. 3. Divide the depreciable value by the asset's life, or term of years that the asset will be kept and useful. 1  The result is the amount of annual depreciation for that asset. 2  It will be accrued each year over the life of the asset.
Anything above that cannot be deducted in the year you donate. However, you can deduct your excess donations on next year's return. In fact, you can carry forward excess contributions for up to four more years beyond the year you donated. Remember, adjusted gross income isn't your total income.