What does the Gains report show, and which amounts are taxable?

Open Detailed Cash Flow in a completed TIME MACHINE result and select Gains in its report navigation. The Account gains table breaks investment activity down by year, account group and account. You can also open a particular year to see its detail.

Interest, foreign dividends, eligible and non-eligible dividends, capital distributions and capital growth describe different components of investment returns. Capital growth is a change in market value; Realised Capital gains and Realised Capital losses show gains or losses realized by transactions. Realized gains can include appreciation accumulated before the year of sale.

Do not add the realized-gain rows to capital growth as if they were another return. The Total investment gains calculation excludes the realized-gain and realized-loss rows to avoid counting that growth twice. Fees, taxes withheld and reinvestment are shown separately where applicable.

The Gains table is not a taxable-income total. The tax treatment depends on the account and the kind of return. Review the Taxes table for the same person and year to see the amounts included in the tax calculation. Growth inside a TFSA, for example, is not treated like interest in a non-registered account.

In Year Check-in, elapsed-year account reconciliation can include Implied growth / other activity. That residual can contain missing transactions; it is not necessarily a measured investment return. Compare the YTD, remaining-year and full-year sections on the same basis.