TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

What to Do About Form 8594?

Forum|Forum|1 year ago
April 3, 2025
1 reply
0 views

I am using TT Home and Business. Is Form 8594 included? If so, what triggers it? I sold my business last year and am supposed to include this form. Is the buyer supposed to send me theirs to make sure they match?

How am I supposed to file my return if 8594 isn't included?

Thanks!

TurboTax Home & Biz Windows

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.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

LifeinPTCAuthor

Thanks for the reply! So there's no way to add or 'attach' a form in Home and Business so that I can e-file?

No. Not form 8594.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"