Complete Part III and file a new Form 8594 for each year that an increase or decrease in consideration occurs. IRS Form 8594 walkthrough (Asset Acquisition Statement under IRC Section 1060).Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Did you buy or sell a business during the tax year? If so, you may need to file IRS Form 8594 with your federal tax return. Asset Acquisition Statement Under Section 1060 â–·Attach to your income tax return. File Form 8594 with Your Tax Return. Detailed Instructions for Filling Out Form 8594: Asset Acquisition Statement Clauses. Learn how to file form 8594 and when to file.