### Question
How is the "qualified person" defined?


### Answer
The term **qualified person** is defined in *26 U.S.C. § 108* as follows -

> given to such term by section 49(a)(1)(D)(iv); 

#### Citation:
  - *26 U.S.C. § 108*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART III-ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME**

