<p>I started a small business a few years. I have made around $13k. Much of it is invested in stocks. I didn't file any taxes/ I listed it under my EC. Will colleges need me to show them my own tax filing? Or just my parents?</p>
<p>You must report all of that income and the interest on the stock purchases to the IRS.</p>
<p>College admissions won’t ask about your legal/illegal tax notifications. However, your 1099s may be an issue with you in the future. You are breaking laws. Something to attend to, dontcha think? </p>