Hello everyone,

I'm really lost as to how to handle taxes with this large change with my occupation. I'm going from a salaried employee to a contractor being paid by a company that I own 10% of. I was paid as an employee up through April but my paycheck this month will be to me as a contractor.

Do I need to file estimated taxes for June 15th? Does that need to include the taxes on revenue earned by the company I own 10% of?

Any help would be greatly appreciated.

Thanks!