I own 100, 50, & 49% of the 3 s-corps. My decree has a baseline income for support with Smith-Ostler for additional income. Mediation Lawyer, review lawyer, & forensic accountant (CDFA) all said this was normal & I gave up my argument on pass-through income. I am willing to pay CS & SS on money I receive.
2012 income received was 84% of baseline value, my 1040 agi was 2.3X the baseline. Received income includes a 20% distribution of income from 100% owned corp.
Now my ex is wanting SO based on my AGI. I do not have cash for this & to continue business. My options 1) Pay SS & CS and close corps do to lack of cash, or 2) be in arrears & continue business. Neither are acceptable.
This should be common problem with other business owners but no one seams to be able to answer.