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S Corporation Regulations

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  • S Corporation Regulations

    I looked through the entire article on this site about S Corporations and could not find anything that would help answer the following question:

    Is there anything in the S Corporation rules and regulations that outlines when companies are obligated to actually pay dividends they declare?

    Example: As an S corp shareholder in my company, we get our K-1 tax forms in March each year for the previous year, declare the full dividends on our taxes and we receive 30% of the declared dividend for that year to cover our tax liability. As of 4/3/18, I am still owed 70% of my dividend for 2015, 70% of my dividend for 2016 and 100% of my dividend for 2017. The company says they will pay the balance of dividends owed from past years based on 'cash flow'.


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