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hey guys today Im going to cover everything you need to know as a small business owner about paying quarterly taxes so heres a list of everything Im going to go over in this video first of all how much to pay who has to pay when to pay your quarterlies and how to pay them and finally just a few more specific notes about how tax brackets work so lets start out with the hardest question how much do you need to pay in quarterly taxes so just to make sure were on the same page if youre a small business owner and you owe more than a thousand dollars in taxes in a year then youre going to need to make quarterly payments so youre going to need to break up that total amount into four different payments and pay them on specific due dates so in order to know how much you need to pay typically if you had an income last year youre going to look at your income last year and your tax preparer will give you estimates on what youre supposed to pay in quarterly taxes usually itll be a little