How Does Nebraska Law Treat K-1 Income, Company-Paid Expenses, and Owner Perks in a Divorce?

A Schedule K-1 reports what a business earned for tax purposes, not what its owner took home, and that gap drives some of the hardest fights in a Nebraska divorce. This post explains how Nebraska courts approach pass-through income, tax distributions, retained earnings, depreciation, and company-paid perks for child support, alimony, and property division, what records come out in discovery, and what to preserve before you meet with a lawyer.