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In 20X5, Chris, incurred net capital losses that amounted to $60,000. During the period from 20X1 through 20X4, Chris had net capital gains of $4,000
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In 20X5, Chris, incurred net capital losses that amounted to $60,000. During the period from 20X1 through 20X4, Chris had net capital gains of $4,000 each year. How much capital loss may Chris carry forward to 20X6?
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$57,000
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$32,000
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$28,000
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$50,000
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