change Text1 'cursor property' to hand or something else and create click event
  public class ReportScript
  {
    private bool hideMe = true;
   Â
    private void Text1_Click(object sender, EventArgs e)
    {
      hideMe = !hideMe;
      Text2.Visible = hideMe;
      Report.Refresh();
    }
  }
Comments
show and hide controls? what controls???