2005 Arizona Revised Statutes - Revised Statutes §43-903  Period in which income items to be included

A. The amount of all items of gross income shall be included in the gross income for the taxable year in which received by the taxpayer unless under the methods of accounting permitted under section 43-901 any such items are to be properly accounted for as of a different period.

B. In the case of the death of a taxpayer, whose taxable income is computed upon the basis of the accrual method of accounting, amounts, except amounts includible in computing a partner's taxable income under section 43-1412, accrued only by reason of the death of the taxpayer shall not be included in computing taxable income for the period in which falls the date of the taxpayer's death.