### Question
How does the law define qualified dividend income?


### Answer
Under *26 U.S.C. § 1*, **qualified dividend income** is defined as:

> dividends received during the taxable year from—


(I) domestic corporations, and


(II) qualified foreign corporations

#### Citation:
  - *26 U.S.C. § 1*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART I-TAX ON INDIVIDUALS**

