Stock and FAFSA?

jackthecrack2010
Fri, 06 Jan 2012 23:02:28 +0000

I received some FA last year and I have a small amount in the stock market, as in under $2000 and I initially lost $500 and regained $500, for the FAFSA I’m wondering on how should I report that? I take out a bit each month for rent from that since I wanted to have some practice with the stock market.

Would I file the gains as $500 but then what about the loss?
And would I have to fill out a tax form with the brokerage? Thanks!