Form 8594 must also be filed if the purchaser or seller is amending an original or a previously filed supplemental Form. 8594 because of an increase or decrease.Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Go to Screen 65, Asset Acquisition Statement (8594) (Screen 58 for S-Corp). Learn how to file form 8594 and when to file. Buyer shall have received an affidavit of non-foreign status of Seller in the form of Exhibit I attached to this Agreement. Consideration is adjusted after the Closing Date, the parties agree to revise and amend the schedule and IRS Form 8594 in the same manner and.