### Question
How is the "completed crop pool method of accounting" defined?


### Answer
The term **completed crop pool method of accounting** is defined in *26 U.S.C. § 1382* as follows -

> a method of accounting under which gain or loss is computed separately for each crop year pool in the year in which the last of the products in the pool are disposed of

#### Citation:
  - *26 U.S.C. § 1382*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter T-Cooperatives and Their Patrons > PART I-TAX TREATMENT OF COOPERATIVES**

