### Question
How is the term qualified donee income defined?


### Answer
The term **qualified donee income** is defined in *26 U.S.C. § 170* as the following:

> any net income received by or accrued to the donee which is properly allocable to the qualified intellectual property

#### Citation:
  - *26 U.S.C. § 170*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VI-ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS**

