What happen to s-corporation income larger than remuneration distrubution?

What I am trying to research, near no nouns, is are the charge implication for s-corp income greater than stipend. example, my s-corp made 100K contained by lattice income. I w-2 myself 60k and rewarded payroll on that. the other 40k flowed through my 1040 and I remunerated personal income charge on that. The 40K is still sitting in my business rationalization. What happen to that money. How can I bring it out ( what is the accounting entry) and are in that any charge implication to departure it within the report for years as a nestegg. Please explain

Answers:
You must enjoy asked this within the India taxes box first, and afterwards realize your mistake and asked it within the US taxes part, right? You indicated that more question would be coming along the pipeline. Wanna tag on me as a contact, that agency I'll go and get spy whenever you do ask another interview.
Are you sure this cross-examine belongs within the India category? s-corporation, 1040 and w-2 nouns approaching USA specific lingo.
You can whip it out whenever you'd similar to. You've already remunerated taxes on it. It would be an entry to contestant distribution.

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