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. 8883 must be used to make both types of section 338 elections.Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. A completed test request form is required to perform testing. Affix a patient information label to the test request form or fully complete the information. For a list of forms and schedules available in ATX, please click on federal forms or select a state. Do not complete filings with agency information. 31. 32, The white areas of the forms are protected and will pre-fill automatically, if applicable.