Question about taxes and trading. Thanks you?

Question

Does IRS get to know how much money you have been playing with ?

Lets say I make $4500 in a year. Is there gonna be any indication of the amount of the money I invested during the year on the IRS papers such as 140 sheets and W2 forms?

I am getting financial aid from college, and have been playing with 10,000 dollars [borrowed from my aunt] in the stock market. I'm gonna pull the money out of stocks when it is time to file taxes. My problem is that I'm scared that the college will get to know that I have 10,000 dollars and avoid giving me financial aid [which is about $2300 each semester].

Any thoughts and advice is appreciated. I'm single, 22 years old, living with parents and claimed as dependent. Parents's annual income is about 25,000. Household is consisted of 4 people. Ask me questions if something is not clear. Thanks again.

Answer 1

the IRS will know when you pull the $$$ out/cash out your stocks.  the broker will file form 1099-B with the IRS at the end of the year.

you can run, but you can't hide.