### Question
Can you define what accelerated policyholder dividends deduction means?


### Answer
**Accelerated policyholder dividends deduction** is defined as the following in *26 U.S.C. § 808*:

> the amount which (but for this subsection) would be determined for the taxable year under paragraph (1) of subsection (c) but which would have been determined (under such paragraph) for a later taxable year under the business practices of the taxpayer as in effect at the close of the preceding taxable year

#### Citation:
  - *26 U.S.C. § 808*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter L-Insurance Companies > PART I-LIFE INSURANCE COMPANIES > Subpart C-Life Insurance Deductions**

