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. This Drake Tax article discusses the sale of an asset used for personal and business use.An overview of the different tax forms and schedules that different business entities use. We may file a lien at any time when an individual or business owes a debt to the state. Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Below is a list of frequently requested Human services forms. Click on the form to complete and print. No, the personal editions of TurboTax do not support Form 8594. You can fill out the form online print it out and include it in your return. Many local governments make business license information and application forms available online.