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So there's an arbitrary line between the business' bank account and our join personal checking account, and whenever money is transferred from the business account to the personal account, it is a distribution. Is that correct? For some reason I thought that, because we are a pass-through entity, all profit was considered to be distribution no matter what account it happens to sit in.

 

I guess that's not the case?

 

If not, then our combined draw would most easily be calculated as: beginning balance + net profit - ending balance.