Capital gains question

[Yawiney Yawiney]

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.

[Basit Siddiqi]

@Yawiney Yawiney

It is true that if you are in the bottom two brackets your capital gains tax rate may be 0%
Somethings to be mindful is that the gain from this sale will likely put you over the bottom two brackets.

You also have to factor in California state taxes.