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The video tutorial features Bond James Bond, a self-employed spy who made $100,000 in gross income last year. Bond is filing as single this year and is providing step-by-step instructions on filling out Form 1040ES. The form is necessary for self-employed individuals to make quarterly estimated tax payments to avoid underpayment penalties. This includes payments for income and self-employment taxes reported on Form 1040. Bond emphasizes the importance of understanding the pay-as-you-go system for income taxes, especially for self-employed individuals.