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Late Filed Returns (LATE Screen)

Calculate late federal filing penalties and interest using the Late Screen in Drake Tax.
Other videos in this category:
Roth Distributions and Rollover
Enter most retirement income information – such as data related to Roth distributions and rollovers – using the 1099, 8606, and Roth screens.
Amended Return
Prepare amendments to tax returns using the Data Entry menu to access the 1040X Amended Return screen.
Foreign Tax Credit, Form 1116
Generate the Foreign Tax Credit on Schedule B for foreign-source income that would normally be taxed by both the US and the country from which the income is derived.