Federal Asset Acquisition Statement Under Section 1060
Extracted from PDF file 2023-federal-form-8594.pdf, last modified November 2021Asset Acquisition Statement Under Section 1060
Form 8594 Asset Acquisition Statement OMB No. 1545-0074 Under Section 1060 (Rev. November 2021) Department of the Treasury Internal Revenue Service ▶ Attachment ▶ Attach to your income tax return. Go to www.irs.gov/Form8594 for instructions and the latest information. Name as shown on return Sequence No. 169 Identifying number as shown on return Check the box that identifies you: Purchaser Seller Part I 1 General Information Name of other party to the transaction Other party’s identifying number Address (number, street, and room or suite no.) City or town, state, and ZIP code 2 3 Total sales price (consideration) Date of sale Part II 4 Original Statement of Assets Transferred Allocation of sales price Aggregate fair market value (actual amount for Class I) Assets Class I $ $ Class II $ $ Class III $ $ Class IV $ $ Class V $ $ Class VI and VII $ $ Total $ $ 5 Did the purchaser and seller provide for an allocation of the sales price in the sales contract or in another written document signed by both parties? . . . . . . . . . . . . . . . . . . . . . Yes No If “Yes,” are the aggregate fair market values (FMV) listed for each of asset Classes I, II, III, IV, V, VI, and VII the amounts agreed upon in your sales contract or in a separate written document? . . . . . . . . Yes No 6 In the purchase of the group of assets (or stock), did the purchaser also purchase a license or a covenant not to compete, or enter into a lease agreement, employment contract, management contract, or similar arrangement with the seller (or managers, directors, owners, or employees of the seller)? . . . . . . Yes No If “Yes,” attach a statement that specifies (a) the type of agreement and (b) the maximum amount of consideration (not including interest) paid or to be paid under the agreement. See instructions. For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 63768Z Form 8594 (Rev. 11-2021) Form 8594 (Rev. 11-2021) Page 2 Part III Supplemental Statement—Complete only if amending an original statement or previously filed supplemental statement because of an increase or decrease in consideration. See instructions. 7 Tax year and tax return form number with which the original Form 8594 and any supplemental statements were filed. 8 Assets Allocation of sales price as previously reported Redetermined allocation of sales price Increase or (decrease) Class I $ $ $ Class II $ $ $ Class III $ $ $ Class IV $ $ $ Class V $ $ $ Class VI and VII $ $ $ Total $ 9 Reason(s) for increase or decrease. Attach additional sheets if more space is needed. $ Form 8594 (Rev. 11-2021)
Form 8594 (Rev. November 2021)
More about the Federal Form 8594 Corporate Income Tax TY 2023
We last updated the Asset Acquisition Statement Under Section 1060 in February 2024, so this is the latest version of Form 8594, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 8594 directly from TaxFormFinder. You can print other Federal tax forms here.
Other Federal Corporate Income Tax Forms:
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Form Sources:
The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal Form 8594 from the Internal Revenue Service in February 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Federal Form 8594
We have a total of eleven past-year versions of Form 8594 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Form 8594 (Rev. November 2021)
Form 8594 (Rev. November 2021)
Form 8594 (Rev. November 2021)
Form 8594 (Rev. December 2012)
Form 8594 (Rev. December 2012)
Form 8594 (Rev. December 2012)
Form 8594 (Rev. December 2012)
Form 8594 (Rev. December 2012)
Form 8594 (Rev. December 2012)
Form 8594 (Rev. December 2012)
Form 8594 (Rev. February 2006)
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