Why do i see a refund on my pending return when i owe capital gains?

[PattiF]

If your taxable income is less than or equal to $40,400, then some or all of the net capital gain is taxed at 0%. If that is your taxable income, there is no tax on the capital gains.

The tax rate on most net capital gains is no higher than 15% for most individuals. Some or all net capital gain may be taxed at 0% if your taxable income is less than or equal to $40,400 for single.

• A capital gain rate of 15% applies if your taxable income is more than $40,400 but less than or equal to $445,850 for single