Which of the following statements regarding the calculation of taxable income is false
Select one:
a. The first step in the calculation of taxable income is determining the taxpayer's total income
b. Filing status matters when determining the amount of any standard deduction
c. Adjusted gross income can be reduced by a personal exemption amount for each qualifying dependent
d. Taxpayers are allowed to deduct the greater of itemized deductions or above-the-line deductions in calculating taxable income