Personal money into business account - Pampered Chef

[alwinter09]

I currently work full time for my employer, while at the same time running Pampered Chef as an independent consultant. Last year, I had to invest some of my own personal money into Pampered Chef in order to keep the business running (I have separate accounts for personal and business). Does the personal money I put into my business count as business income?

[Mike9241]

nope. you don't have income when the money you already have is moved from your left to right pocket or vice versa.

[alwinter09]

awesome, thank you for your response! I appreciate your response, given I'm not at all savvy when it comes to taxes