test your knowledge

Test your knowledge

In 2025, you realized capital gains of $5,000 and interest income of $2,750 in a non-registered (i.e., taxable) account. How much of this amount should you include in your taxable income for the year?

January 8th, 2026

Answer: $5,250

For a non-registered account, income tax applies to only half of your capital gains but all of your interest income. Thus, you should include the following sum in your taxable income: ($5,000/2) + $2,750 = $5,250. To find out more about how your investment income is taxed, read this article.

The following sources were used to prepare this article:

Get Smarter About Money, “How are your investments taxed?”