Credit vs. Deduction Example 2 Dhruv is in the 15% tax bracket and does not earn enough money to spend $12,000 on tax deductible things, so he does not itemize. He qualifies for a $600 tuition tax credit this year He spent $600 on a donation to a charity. which is tax deductible Select all the boxes below that apply to this situation. Currently, at least one of the boxes needs to be checked or unchecked to correct the answer. (Select all that apply.) ZThe tax credit saves Dhruv $600 :I The tax deduction saves Dhruv $600 :I Dhruv can't use the tax credit since he doesn't itemize :I Dhruv can't use the tax deduction since he doesn't itemize ZThe tax deduction saves Dhruv 15% * $600 = $90 :I The tax credit saves Dhruv 15% * $600 = $90 :I The tax deduction saves Dhruv $0