@fjpuentes1974 First, as a US Resident for Tax purposes you are indeed taxed on your world income ( by the USA ) and given tax credit for foreign income that was taxed by another taxing authority ( at source). However, what you are describing is a gain that is not available to you i.e. a pension fund gains are not available to you till your retire and take pension -- is that not true in this case? What country are we talking about ? Don't fully understand why your accounting firm had your gain in a pension fund be subject to US taxes. Is this a national / govt. run pension or a private pension fund, is it tax favored, is it voluntary contribution or required contribution etc. etc. Please provide more details on this because I am not sure that it is taxable to the USA at this stage. It is possibly reportable on form 8938 per FATCA regulations. So please ....
