Touch the tip or front edge of your tongue to the roof of your mouth just behind your teeth. Keep your jaw relaxed. Stop the air, then release with a puff.

Americans pronounce timeout as TAHYM-owt (/ˈtaɪmˌaʊt/). Stress falls on the first syllable — keep everything else short and quick. You'll hear it in sentences like "The timekeeper stopped the clock during the timeout".
Record yourself saying "timeout" and play it back. The mic stays on your device — nothing's uploaded.
2 syllables, 5 sounds. Tap a syllable to jump to its row, then explore each sound's mouth shape and how it's made.
Touch the tip or front edge of your tongue to the roof of your mouth just behind your teeth. Keep your jaw relaxed. Stop the air, then release with a puff.

Start with your jaw open wide and your tongue resting low and flat. Glide the front of your tongue up toward the roof of your mouth as your jaw closes halfway.
Press your lips together. Air flows through your nose. Vocal cords vibrate.

The textbook way isn't wrong — it's just not how anyone actually says it.
In "timeout", the "t" is not released — the articulators get into position but hold without the burst of air. Air stops but there's no release burst — the articulators hold position.
Stress falls on the first syllable, not the others. Stretch TAHYM — keep everything else short and quick.