No, it confirms my answer. The amount of retirement savings on which your 2018 Retirement Savings Contributions Credit will be calculated is the amount of you 2018 contributions to the Teachers Retirement System minus $969. Since only first $2,000 of your net retirement contributions are considered for the credit, if you contributed $2,969 or more for 2018, subtracting $969 will not affect your credit. The same will be true for your 2019 tax return.
