### Question
How is the "transportation property" defined?


### Answer
The term **transportation property** is defined in *26 U.S.C. § 168* as follows -

> tangible personal property used in the trade or business of transporting persons or property

#### Citation:
  - *26 U.S.C. § 168*
  - 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**

