Onkar had the following income in 2021: $50,000 salary; $1000 dividends; $25,000 rental income; $15,000 business income. He also had $3,000 in capital losses. How can he use capital losses to reduce his tax payable? He can deduct capital losses from any source of 2021 income. He can never use his 2021 capital losses because he does not have any capital gains in 2021. He can deduct capital losses only from his dividend income in 2021. He can carry capital losses forward and deduct them from capital gains in future years