ThomasM125
Expert Alumni

Business & farm

The asset acquisition statement Form 8594 is not included in the Home and Business TurboTax product but is in the Business TurboTax. The form should be filed with your tax return in the year you sell a business that involves the sale of assets. You should co-ordinate with the buyer so that you both file the same form. You will have to prepare the form outside of TurboTax and mail your return in with the form attached if you file a small business Schedule C form.

 

 

 

 

 

 

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