Form 8594, Asset Acquisition Statement Under Section 1060
![8594, Asset Acquisition Statement Under Section 1060](/images/mask.png)
- Latest Revision
- Updated: 11/23/2019
- Successful Requests: 1,036,357
- Instructions Included: Yes
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 if:
Form 8594
None at this time.
- goodwill or going concern value attaches, or could attach, to such assets and
- the purchaser's basis in the assets is determined only by the amount paid for the assets.
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