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Updated over 4 years ago,

User Stats

12
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2
Votes

Capital gains question

Yawiney Yawiney
Posted

I'm about to make over 500k on the sale of my home.  It's been owner occupied for the past 2 years and my income in '18 and 19 has been very low.  Under 20k.

With that low income, can i still be charged capital gains?

I don't think it matters, but I am in California.

Thanks for an info on this.

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