This form is for general instructions that apply to all corporation tax forms. It includes a variety of topics about how to fill out your form.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. Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. • If your claim was about the judgment debtor's licensed. You must follow this procedure: On your return: Sale of Business form. Asset sales typically generate higher federal taxes because many types of assets are subject to higher ordinary income tax rates. (depends on seller's bracket). What information will I need to fill out the form? You will need the correct name and street address of each defendant and claimant.