### Question
What does accident year mean?


### Answer
**Accident year** has the following meaning in *26 U.S.C. § 846*:

> the calendar year in which the incident occurs which gives rise to the related unpaid loss

#### Citation:
  - *26 U.S.C. § 846*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter L-Insurance Companies > PART III-PROVISIONS OF GENERAL APPLICATION**

