### Question
What is the definition of fiscal year?


### Answer
The definition of **fiscal year** is as follows in *26 U.S.C. § 441*:

> a period of 12 months ending on the last day of any month other than December

#### Citation:
  - *26 U.S.C. § 441*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART I-ACCOUNTING PERIODS**

