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. 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. The form serves as a record for the IRS, detailing how the purchase price is allocated among various assets to reflect their fair market value. â–¶ Attach to your income tax return. How to File for Purchase Price Allocation. Part I contains receipt accounts arranged numerically within each fund group; that is, general, special, and trust. It is expected that the Bonds will be available for delivery in bookentryonly form through the facilities of DTC on or about.