Use Form 8883 to report information about transactions involving the deemed sale of corporate assets under section 338. The sum of the amounts allocated to Classes IV and V are reported in the aggregate on Form 8594.See Appendix A; see also T.D. 8711 (Jan. Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. With more than 2,800 federal and state forms and schedules, including state resident, part-year resident, nonresident, and automated.