Gyroscopic Investing

Hi all,

I don't need to file a tax return this year because my "taxable income" is too low. Does anyone know what happens if I don't file the 8621, then later have capital gains on my CEF?

I found this on the IRS website:

"If you are not required to file an
income tax return or other return for the
tax year, file Form 8621 directly with the
Internal Revenue Service Center,
Ogden, UT 84201-0201."

in case anyone else needs this information.

Thank you.