United States IRC sections
Statute section
IRC section 446
General rule for methods of accounting
Country
United States
Section
446
Updated
2026-05-20
Operative text
Section 446(a) provides that taxable income is computed under the method of accounting on the basis of which the taxpayer regularly computes their income. Section 446(b) allows the IRS to require a different method if the taxpayer's method does not clearly reflect income.
Cross-references
26 U.S.C. 45126 U.S.C. 461
Related guides
Related citations
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This entry cites
- StatuteIRC §461
Cited by
Primary sources
- 26 U.S.C. section 446Verified 2026-05-20
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.