### Question
What is the definition of qualified taxable year?


### Answer
The definition of **qualified taxable year** is as follows in *26 U.S.C. § 904*:

> any taxable year for which the taxpayer chose the benefits of this subpart

#### Citation:
  - *26 U.S.C. § 904*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter N-Tax Based on Income From Sources Within or Without the United States > PART III-INCOME FROM SOURCES WITHOUT THE UNITED STATES > Subpart A-Foreign Tax Credit**

