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


### Answer
The term **qualified dividend income** is defined in *26 U.S.C. § 1* as the following:

> 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**

