Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. 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. Go to Screen 65, Asset Acquisition Statement (8594) (Screen 58 for S-Corp). – Both the purchaser and seller are required to file Form 8594. – The Form 8594 must be attached to each filer's timely filed Federal income tax return. Learn about Form 5471 filing requirements, who must file, and the penalties for noncompliance. It is expected that the Bonds will be available for delivery in bookentryonly form through the facilities of DTC on or about.