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If your income is between 0 to 39375single or 0-78750joint your long-term capital gains rate is 0. Can I use the LNYW grant to purchase a condo.
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The best thing to do would be to contact your financial advisor or tax preparer to discuss the potential implications and how the grant may affect your tax bracket.
. Through Johns Hopkins mySupport financial and tax assistance is available by calling 443-997-7000. There are three long-term capital gains tax rates and they are based on your ordinary income tax bracket as follows.
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