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- Hey guys Toby Mathis here. And today were going to talk about taxes. More specifically, were going to talk about two different types of ways that you pay your taxes. So the first way is if you owe more than a $1000 of tax in a particular year, youre supposed to be paying as you go. A lot of you guys are W-2 employees so it gets withheld from your paycheck. But what if you dont have it withheld from your paycheck. What if you owe more money cause you have a gig job or youre running your own gig on the side? Maybe youre an escort. Maybe you have extra taxes that youre going to owe at the end of the year and you know that, then you do whats called quarterly. And so Im just going to put them down here real simple. We have quarterly and then we have the annual. Most people are familiar with the annual, right? We know that every year, theres a tax time that comes around and its April 15th. For 2022, when youre going to file for your 2021 taxes. So this is tax year or this is 2