@fjpuentes1974 , while agreeing with the information provided by @MaryK4 on the general area, I am not sure as to what foreign asset and gain thereof that you are trying to report. Could you tell more about the foreign asset and why it should be reported ( is it a financial asset such as bank account, a pension/savings account, stocks /bonds etc or what and in which country) ? Are you a US citizen/Resident ( Green Card) and is your tax home in the USA or foreign ?
