u/Educational-Party913

Hey,

I (us/de citizen) just finished my master's and am starting to work in September and I thought I'd get started doing my taxes this year. But as probably most people here that escalated quickly and now I have no clue how to proceed. This is the situation:

• I studied the past five years, so didn't have any significant income
• I invested in a German fund (I know, not smart), which combines a bunch of funds and manages it for me (i.e. effectively I have a bunch of different funds that make gains and I need to file for separately I think)
• Have not filed any tax returns (I didn't know I had to)
• I have now submitted my fbar listing the account with the investment fund

And now my question: do I now need to file my tax returns (even though I don't have to pay any taxes) retroactively for the past five years or can I just sell it off, file that next year and then reinvest somewhere in the US?