Use Form 8883 to report information about transactions involving the deemed sale of corporate assets under section 338. 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 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. (5) "New correctional facility" means the state correctional facility being developed in. 2329. Test Iowa patients will receive their test results from the Test Iowa program. 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. The L-1B nonimmigrant classification refers to intracompany transfers of employees who possess "specialized knowledge.