What is the capital gain % difference if sold after 2 years vs less

[Bsch4477]

There is no difference. The tax liability difference is between one year and less. 

[VolvoGirl]

Or are you asking about a home sale?

[Mike9241]

for securities, where the sale is more than 1 year after the purchase and gain or loss is long-term for federal income tax purposes.  the rate is the same regardless of whether it was held two years or ten.  (business property is subject to depreciation recapture before capital gain rates kick in).  many states have different laws. for example, in Illinois, there is no distinction between long-term and short-term. other states have a sliding scale for the tax rate on capital gains depending on how long the security is held.

[larryshirlee]

Yes, a home in CA

[larryshirlee]

Yes, asking about a home sale in CA

[Bsch4477]

If you have a capital gain from the sale of your main home, you may qualify to exclude up to $250,000 of that gain from your income, or up to $500,000 of that gain if you file a joint return with your spouse.

You're eligible for the exclusion if you have owned and used your home as your main home for a period aggregating at least two years out of the five years prior to its date of sale. You can meet the ownership and use tests during different 2-year periods. However, you must meet both tests during the 5-year period ending on the date of the sale.