Question
Proseries not calculating excess SEP contribution penalty
Taxpayer maximum deductible contribution = ~$15k.
Taxpayer AGI = ~$250k.
I get no penalty and no inclusion in income even when I enter SEP contribution of $999,999,999.
This is a 2020 Form 1040, MFJ.
Spouse has income from W-2, some INT & DIV.
Taxpayer has income from SSA, Schedule C, IRA's [~$115k], and Pensions.
What am I missing?
