Late Filed Returns (LATE Screen)

Calculate late federal filing penalties and interest using the Late Screen in Drake Tax.
Other videos in this category:
Allocate the sales price and expenses from a group sale of assets easily.
Prepare amendments to tax returns using the Data Entry menu to access the 1040X Amended Return screen.
Calculate the taxable portion of the state refund carry to next year's return when the taxpayers is subject to AMT.