I cannot find a place in the software to calculate interest and late filing fees for a corporate return.
Drake Software currently does not include a place to enter information to calculate interest and late filing fees for a corporate return. See the Instructions for Form 1120 for information regarding these charges.
Estimated tax penalties are calculated on Form 2220, Underpayment of Estimated Tax by Corporations. The 2220 screen is located on the first Other Forms tab in data entry. Any penalty calculated flows to line 34 (Line 33 in Drake17 and prior) of the 1120 return.