### Question
What does fiscal year mean?


### Answer
**Fiscal year** has the following meaning in *26 U.S.C. § 7701*:

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

#### Citation:
  - *26 U.S.C. § 7701*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 79-DEFINITIONS**

