Your screenshot is showing Clients. Your question has to do specifically with a 1040 for some specific client. It's like you are showing your front door and asking about the laundry room.

CD (certificate of Deposit) and COD (cancellation of debt) are different, so make sure you know what it is called, before using the web to find answers.

I googled:

can I deduct Form 1040 cd interest penalty

"If you’ve taken an early withdrawal and paid a penalty, that information will be included on the Form 1099-INT that you receive at tax time."

From: https://budgeting.thenest.com/can-cd-earlywithdrawal-penalties-claimed-taxes-24099.html

Here is the Help article for ProConnect, based on you should be using a 1099-Int:

https://proconnect.intuit.com/community/form-1099-int/help/entering-form-1099-int-interest-income-fo...

And don't overlook the Form 1040 instructions, especially for that Line and that form 1099-Int:

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

And that's how you avoid asking strangers on the internet, do your own research, find your own answers, to learn from the exercise.