Best of Judgment (BOJ) assessment is issued when:
ATaxpayer files perfectly
BTaxpayer fails to file or files questionable returnsCORRECT
CA refund is due
DAn audit concludes successfully
CITNTax Audit
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Why the answer is B, and why the others tempt you.
Where a taxpayer fails to file or submits questionable returns, the tax authority can raise a BOJ assessment.
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