SMLLC equity transfer question from personal to business bank account

[ZachV]

Good day,

I am a photographer in Colorado. I started an SMLLC and never put in any start-up costs. I made enough money selling prints online but now need to add additional funds to my business's bank account. I want to be able to purchase supplies/use it for purchasing prints to sell and be able to write off the costs at the end of the year. I am assuming the best way to do this is via business equity. Is there anything special I should do when I put money in to make sure the government does not think it's profit from my business, and would this affect tax right-offs on schedule C in any way? Thank you

[Mike9241]

just keep a record of where the money came from should the iRS ever ask. the personal bank statement showing the money coming out and the business bank statement showing the money coming in.  the transfer has no tax consequences since it's nothing more than moving money from your right pocket to your left or vice cersa.