"But she turned 55 in February 2021. Does that still qualify her for the extra $1000 in 2020?"
Unfortunately, no. But she will get 11/12ths of that $1,000 for 2021.
"Her employer contribution was $3730"
Ah, you did not mention that employer contribution.
As I noted above, the annual HSA contribution limit is for the HSA, no matter how many people (or employers) are contributing to the HSA.
So in this case, since the employer contributed $3,730, yes, you (well, the entire rest of the world) are limited to contributing no more than $3,730.
BUT you say that TurboTax is allowing $4,730 before it declares an excess. This is almost certainly because you accidently indicated that this is your HSA and not your wife's. Please check this.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
