Form 8594, Asset Acquisition Statement Under Section 1060
Both the seller and purchaser of a group of assets that makes up a trade or business must use this form to report such a sale if goodwill or going concern value attaches, or could attach, to such assets and if the purchaser's basis in the assets is determined only by the amount paid for the assets.
Other Items You May Find Useful:
Publication 542, Corporations
Form 1040, U.S. Individual Income Tax Return
Form 1041, U.S. Income Tax Return for Estates and Trusts
Form 1065, U.S. Return of Partnership Income
Form 1120, U.S. Corporation Income Tax Return
Form 1120S, U.S. Income Tax Return for an S Corporation
Comment on Form 8594
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