My wife turned 55 in February '23. I turned 55 in September '23. But even if we didn't turn 55 yet, we're still under the standard $7750 contribution limit. by $150.
Her 2023 W-2 hasn't dropped electronically yet, but her total payroll deductions to her HSA were $5200 for the year, so that's what the 12-W value should be.
I contributed $2400 to a self-funded HSA.
When I went back in and looked at the HSA summary, the $5200 of her payroll deductions are categorized as "tax-free employer contributions". That money was from employEE contributions, not employER. So, is my wife's employer screwing up by putting that code on her W-2?
Also, since I posted this, went back and looked at my 2022 return (filed w/ Turbo Tax) and on Form 1040 Schedule 1 Line 8z, there are excess employer contributions. So, I got bit by this last year and didn't catch it.
