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.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. File Form 8594 with Your Tax Return. Detailed Instructions for Filling Out Form 8594: Asset Acquisition Statement Clauses. 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. Learn how to file form 8594 and when to file. Andrew R. Garbarino, the Representative from New York - in Congress from 2025 through Present.