Next week is June 15, so if your taxes aren't automatically deducted from your paycheck, you'll need to send Uncle Sam

Because American taxes are pay-as-you-go, you must pay the majority of them during the year as you get income 

Taxes can be paid in two ways: either by having money withheld from your paycheck, pension

 government benefits like Social Security, or by making quarterly anticipated tax payments throughout the year.

The first payment covering Jan. 1 through March 31 was conveniently due on the tax deadline, April 18, 

The third and fourth payments are due in September and January 2024. 

But how do you know how much you need to pay and if you even must pay? 

Who pays? Usually, it's self-employed individuals, gig workers, retirees, investors, businesses,