This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Form 8594 Vs Form 8883 In Utah
Category:
State:
Multi-State
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
Use Form 8883 to report information about transactions involving the deemed sale of corporate assets under section 338. 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. Attachment B is the new Form 8883. Generally, both the purchaser and seller must file Form 8594 and attach it to their income tax returns (Forms 1040, 1041, 1065, 1120, 1120-S, etc.) Keep copies of any receipts, tax forms, worksheets and other documentation to support any income, deduction, exemption and credit you have reported.