Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale if: goodwill or going concern value attaches, or could attach, to such assets and the purchaser's basis in the assets is determined only by the amount paid for the assets. Current Revision Form 8594 PDF Instructions for Form 8594 (Print Version PDF) Recent Developments None at this time. Other Items You May Find Useful All Form 8594 Revisions Other Current Products Related Items About Form 1040, U.S. Individual Income Tax Return About Form 1041, U.S. Income Tax Return for Estates and Trusts About Form 1065, U.S. Return of Partnership Income About Form 1120, U.S. Corporation Income Tax Return About Form 5471, Information Return of U.S. Persons With Respect To Certain Foreign Corporations
