Hi, I’m trying to control my AGI to maximize the boosted child tax credits and dependent care credits for 2021. Does anyone know of my calstrs contributions (10.25%) is subtracted from my AGI? In other words, if my spouse and I earn 200k and 20k goes directly to calstrs contributions and we max our 403bs, one 457, And HSA, can I get under The 125k phase out threshold for the dependent care credit?
200-20k calstrs-19.5 403b- 19.5 403b -19.5k 457 - 5k DCFSA, -3.5k HSA = 113k. Does this sound correct?