Do not take this approach. When you have a key that MEANS something, you cannot use autonumber, you cannot reset it, and you cannot compound it and get the effect you wanted. Autonumber has NO OTHER MEANING than a unique, often not predictable number that takes up 4 bytes and gives you a suitable field for being a prime key for any number less than 2 billion records total for the life of your application.
I'm going to presume that you want the key to be something like yyyy-nnnnnnn and the yyyy part resets each year and when yyyy resets, the nnnnnnn part resets to 0 or 1 and starts over again. (This presumption is based on the most common form of key question we see here.)
First, when your candidate key has two parts (at least one of which has meaning), you must split the key into two parts. Then your candidate key is the COMPOUND KEY that contains the two parts. Trust me - if you try to do this ANY OTHER WAY you will hate yourself very quickly. Trying to rebuild a single field that contains two parts is just pure agony because of its need to permeate the entire DB. So if you must do this, do it in two parts.
Second, the yyyy part can probably be generated from a DatePart function when you create the record. It is easy to get the four-digit year number from many sources.
Third, the nnnnn... part can be generated with a DMax function that includes an NZ function. What you want is something like
Next sequence number = 1 + Nz( Dmax( sequence number, table, year = current-year), 0 )
In other words, 1 + the highest existing sequence number for this year, or 1+0 if this is the first entry (which would cause DMax to return nothing, hence the need for NZ).
BUT....
If you really want this to be your primary key, you will STILL hate yourself later even if you did as I suggested with compounding the key fields. Complex keys in Access are possible but are a pain in the toches. You can generate a number that looks like this, but you really, really, REALLY would be better off if you just used a "true" autonumber field and never showed it to anyone as a displayable element. Then this sequence number you could generate would be all "for show."