412(i)

[Guest Julian]

The last post by lori recieved so much input, I thought I would run another scenario:

Owner of an S-corp, age 48

Income of $700,000

Projected income - $700,000 - $1,000,000 for the next 12 years. He owns a vary stable business that has become more profitable every year of operation.

20 full time employees - nobody anywhere near his income level

I understand the uncertainty associated with the legislation regarding 412(i), but what hurdles might this owner have to overcome based on income levels and number of employees.

Thank You for your input.