S-corp earnings and divorce

[sb1111]

My ex is bin the process of buying a company. He got a K-1 for his shares in the S-corp. He got a payout. My understanding is that this is treated as income. In our agreement, it states that any increase in income prompts a change in alimony. Am I correct is thinking that this is an example of that. He says it is an investment. I say it is income. Thanks.

[Bsch4477]

That’s more of a legal question. Consult your attorney.