and if that $3000 is a capital loss it is not really used. it will be part of your capital loss carryover when doing the trust's 2023 return. for other purposes in figuring an NOL for a trust you must add back the exemption amount. thus if the loss is $3K capital and $100 exemption there is no loss to carryback so there is no loss carryforward election to make and loss carryback for amending a prior year.
