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ABX Company, a C Corporation, was formed in 2017 and reported net income in each year of operation. The company had net capital gains and
ABX Company, a C Corporation, was formed in 2017 and reported net income in each year of operation. The company had net capital gains and losses as follows:
2018. 5,000 capital gain
2019. 7,000 capital gain
2020. 11,500 capital gain
2021. 3,000 capital gain
2022. 26,500 capital losses
How much of the 2022 capital loss will be carried forward to future years?
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