Harry experienced a substantial net operating loss in $2024.$ What is the maximum percent of that loss that may be carried forward?

A$)$ No more than $40\%$ of the taxpayer's taxable income

B$)$ No more than $60\%$ of the taxpayer's taxable income

C$)$ No more than $80\%$ of the taxpayer's taxable income

D$)$ No more than $100\%$ of the taxpayer's taxable income