schedule K question

this looks like a k-1 for an estate or trust.  i do not trust the summary because it has the same number for applied in 2022 (whatever that means) and carryover to 2023. I would think "applied" would be $3,000. 

11d indicates a capital loss not utilized by the estate or trust thus you get to use it as a beneficiary. it seems  $3,000 was utilized in 2022 leaving a capital loss carryover to 2023 of that $39K which can offset any capital gain income you have in 2023 and future years until utilized. if you have no personal capital gains, then based on current law, $3,000 will be used to offset other income on your return in each of the next 13 years with $473 to be utilized in year 14.

put another way that loss would offset any capital gains you had per schedule D. then up to $3,000 is used to offset other income (1040 line 7). the remainder, if any, is a carryforward to 2023