Portal for filling out and submitting Business Personal Property Listings and Extensions. Taxscribe tutorial .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. The 2024 business personal property listing form and instructions is for any individual(s) or business(es) owning or possessing personal property. A plan of dissolution, which specifies how the nonprofit corporation's remaining assets shall be distributed, must be attached to the Articles of Dissolution. You will need to allocate the amount reflected on form 8594 among all the assets. A typical method is to allocate the proceeds based on the original cost. The sale of a business usually is not a sale of one asset. Instead, all the assets of the business are sold. The forms used to create a domestic entity: Type of Entity, Document Name, Form, Fee.