### Question
What does qualified dividend income mean?


### Answer
**Qualified dividend income** has the following meaning in *26 U.S.C. § 1*:

> 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**

