What is the difference between a tax credit and a tax deduction?a.A tax credit represents money owed to you, while a tax deduction represents money you owe.b.A tax credit reduces the amount of money you must pay, while a tax deduction reduces your taxable income.c.A tax credit is owed money that collects interest, while a tax deduction is money that you do not have to pay.d.A tax credit occurs if you underpaid during the year, and a tax deduction occurs if you overpaid.