Form 8594 - Number of Forms Supported
1

TaxAct supports Form 8594 Asset Acquisition Statement Under Section 1060 in the following programs:

  • Form 1040 (Individual)
  • 1041(Estate and Trust)
  • 1065 (Partnership)
  • 1120 (Corporation)
  • 1120S (S-Corporations)

Per the IRS schema for electronic filing of returns, only one copy of Form 8594 is allowed to be electronically filed per return. To file multiple copies, you will need to manually complete the additional copies, attach them to the return, and paper-file the return.

Below are the instructions if you prefer to complete each form in the program, print it off and then delete the form so you can recreate it to create the additional copies needed.  Alternatively you can use these steps to create the first copy of the form in the program and then CLICK HERE to access a fillable form on the IRS website for your additional copies.

To complete Form 8594 in your TaxAct program:

  1. Sign in to your TaxAct Online return
  2. Click Tools to expand the category, then click Forms Assistant
  3. Expand the Federal Forms folder
  4. Expand the Forms and Schedules folder
  5. Scroll down and select Form 8594 - Asset Acquisition Statement
  6. Click Add to create a copy of the form where the information can be entered or click Review to review a form already created
  1. From within your TaxAct return, click the Forms button in the top left corner
  2. Expand the Federal folder and then expand the Forms and Schedules folder
  3. Scroll down and double-click Form 8594 - Asset Acquisition Statement
  4. Enter the information directly on the form