Question
SEP amount field broken?
I have income entered under my self-employed business, and the SEP contribution is not calculating when I click the maximize button ($0 displays on the subsequent screen). I then tested by manually entering an estimated SEP amount, and the tax liability did not reduce. I tested by manually entering an exorbitant number that exceeds the amount allowed for annual contribution (and beyond the net amount earned by the business this year), and the system did not flag it during a review. Something seems wrong with this field.
