Internal Revenue Code · 26 U.S.C.
§ 442. Change of annual accounting period
Official text, no changes From the Office of the Law Revision Counsel, release point 119-121 (current through Public Law 119-121 (October 9, 2026)). Compare it with the official text at uscode.house.gov (external site).
Cite as 26 U.S.C. § 442
At a glance
Read from the text, the source credit and the official notes. Not part of the law.
- Status
- In force
- Enacted
- October 4, 1976 by Pub. L. 94–455
- Length
- 91 words · about 1 min to read
- Cross-references
- cites 1; cited by 3 Code sections and 11 other regulations
- Regulations
- 1 issued under this section
If a taxpayer changes his annual accounting period, the new accounting period shall become the taxpayer’s taxable year only if the change is approved by the Secretary. For purposes of this subtitle, if a taxpayer to whom section 441(g) applies adopts an annual accounting period (as defined in section 441(c)) other than a calendar year, the taxpayer shall be treated as having changed his annual accounting period.
(Aug. 16, 1954, ch. 736, 68A Stat. 149; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)
Regulations under this section
Treasury regulations (26 CFR) issued under § 442
Cross-references
Computed from the citations in the text of Title 26 and 26 CFR.
This section cites 1 other section
Cited by 3 Code sections
- § 859(b) Adoption of annual accounting period
- § 1398(d)(2)(A) Rules relating to individuals’ title 11 cases
- § 6110(g)(5)(B)(ii) Public inspection of written determinations
Cited in 11 regulations not issued under it
- § 1.441-1 Period for computation of taxable income.
- § 1.441-3 Taxable year of a personal service corporation.
- § 1.443-1 Returns for periods of less than 12 months.
- § 1.468A-4 Treatment of nuclear decommissioning fund.
- § 1.706-1 Taxable years of partner and partnership.
- § 1.871-7 Taxation of nonresident alien individuals not engaged in U.S. business.
- § 1.921-1T Temporary regulations providing transition rules for DISCs and FSCs.
- § 1.964-1 Determination of the earnings and profits of a foreign corporation.
- § 1.991-1 Taxation of a domestic international sales corporation.
- § 1.1378-1 Taxable year of S corporation.
- § 601.204 Changes in accounting periods and in methods of accounting.
Amendment history
From the source credit and the official notes, newest first.
- Enacted by Pub. L. 94–455
Where it sits in the Code
- Subtitle A Income Taxes
- Chapter 1 NORMAL TAXES AND SURTAXES
- Subchapter E Accounting Periods and Methods of Accounting
- Part I ACCOUNTING PERIODS
Nearby sections
- § 441 Period for computation of taxable income
- § 442 Change of annual accounting period
- § 443 Returns for a period of less than 12 months
- § 444 Election of taxable year other than required taxable year
Official notes
Show the Law Revision Counsel's notes (amendments, effective dates)
Editorial Notes
Amendments
1976—Pub. L. 94–455 struck out “or his delegate” after “Secretary”.