Well, there's the 1040EZ form where you're W2/employed and taxes are already taken out of your paycheck ... most people do this. But for the self employed people or LLC's, our clients don't take out taxes ... we get the whole check.  But it's taxable income and big government's always gonna get their money ... so we file a 1040ES (estimated taxes) and literally "guess" how much we think we're going to make that year, and pay that quarterly.  Trust me, it's stupid but that's the way it is. Trump was saying if you do all your 1040EZ taxes and the IRS owes you ... then by all means, get your money from them asap.  But if YOU owe THEM ... that payment to them was just delayed without penalty to July 15th as a Coronavirus relief effort. Long story short, if gubment owes you, get your money.  If you owe them, don't worry about it until July now.  If you choose to do that, you won't get penalized. I am not a tax person so do your own research of course, but hope that helps.