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From the 2018 1099-r Instructions... excess contributions... losses　 However, taxpayers must include the total amount of the excess deferral (unadjusted for loss) in income in the year of deferral, and they may report a loss on the tax return for the year the corrective distribution is made. Someone please correct if wrong... I would issue the 2018 1099-r for $900. But his tax preparer will include $1,000 as the overage, and will report a loss of $100, all in 2018.

Wait I know what it is, I spilled some covfefe on my laptop this morning, that's gotta be it.

Maybe your philosophy, not mine. Every question is important or shouldn't be asked (there are some posts that shouldn't be asked and I do not reply to them). If you can look at your original question and then look at your second posting (after I noted I had no idea what your first question meant) and think the first one was a reasonable posting to ask others to consider, then nothing I will say will have an impact. I say this not just to you, but to everyone: flesh out your posted questions and provide more information than you think may be needed. TMI is never the case here. FWIW.

Gee golly willickers, that's sound advice. Thanks Pa.

I'm pretty sure that for a SEP you can "amend" eligibility any time you want to, right up to making the contribution. You could definitely establish a new SEP and do that. I don't think the concept of earning a contribution applies to a SEP. Not saying it smells good but I'm pretty confident of that.