a deposit into a single member llc is in essence a deposit to yourself - like a transfer between your left and right pockets you can take the money out of the llc a/c and put it into the s-corp a/c without having taxable income. for tax purposes, for the s-corp, the money isn't in until it's deposited into its bank a/c. i only point this out in case you had basis problems with the s-corp.