### Question
What does real estate investment trust taxable income mean?


### Answer
**Real estate investment trust taxable income** has the following meaning in *26 U.S.C. § 857*:

> the taxable income of the real estate investment trust, adjusted as follows:



(A) The deductions for corporations provided in part VIII (except section 248) of subchapter B (section 241 and following, relating to the deduction for dividends received, etc.) shall not be allowed

#### Citation:
  - *26 U.S.C. § 857*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter M-Regulated Investment Companies and Real Estate Investment Trusts > PART II-REAL ESTATE INVESTMENT TRUSTS**

