file taxes

[the student]

Hello,

Can I use the Free file Edition if my parents will be claiming me? And another thing is since i lost $400 in stock I will get some back? 

Another questions that is for my cousin is, do she  have to file taxes if she makes no income but she plays stock and gain $50? Thanks.

[DawnC]

You can use Free Edition if you are claimed on someone else's return.  However, you cannot report stock losses using the Free Edition.  If you have any 1099-B forms, you need to use TurboTax Premier.   

And no, your cousin would not need to file a return if that is her only income.  See this chart to see who has to file.