Tax year 
                                                                                                                                                                               IT SBD 
                                                                                                                                                                               Rev. 12/14 

                                                                        10211411                    2013 

                 IT SBD – Small Business Investor Income Deduction Schedule 
Complete a separate schedule for each entity/business group in which you hold an ownership interest. Include this schedule with Ohio form  
IT 1040 if fi ling by paper (see instructions if fi ling electronically). 

Part I 
A. Business Income Before Deductions 
 1.    Self-employment income (federal Schedule C, C-EZ or F), guaranteed payments and/or compensation  
     received from each pass-through entity in which you have at least a 20% direct or indirect ownership 
     interest. Note: Reciprocity agreements do not apply (see line instructions) ............................................. 1.                                                         00 
  2. Add-back for expenses paid to related members and to certain investors’ family members (see in­
     structions).................................................................................................................................................. 2.                     00 
    3. Ordinary income (loss) from trade or business activities (to the extent not shown on line 1)  .................... 3.                                                              00 
    4. Net income (loss) from rental activities, net royalties, interest income and dividend income  .................... 4.                                                              00 
    5. Net capital gain (loss) and other gain (loss) (see the chart on page 7 of the instructions) ........................ 5.                                                            00 
    6. Add adjustments from I.R.C. section 168(k) and qualifying 179 expenses (see line instructions)       ............. 6.                                                              00 
  7. Other items of income and gain separately stated on federal Schedule K-1 and miscellaneous federal 
     income tax adjustments, if any.................................................................................................................. 7.                                  00 
  8. Total of lines 1 through 7  ............................................................................................................................ 8.                          00 

B. Deductions From Business Income 
  9a. Keogh, SIMPLE IRA, SEP, self-employment tax and self-employment health insurance deduction             ....... 9a.                                                                  00 
    b. Deduct adjustments for the depreciation expenses added back in prior years (see line instructions).....   9b.                                                                      00 
  c. Other items of deduction and loss separately stated on federal Schedule K-1 if such deductions are 
     allowable in computing federal adjusted gross income (individuals) or federal taxable income (estates)  ... 9c.                                                                      00 

    d. Other business income deductibles (describe) and miscellaneous federal income tax adjustments, if                                                                                  00 
     any (i.e. DPAD, etc.)                                                                                    ... 9d. 
  e. Total of lines 9a through 9d  ...................................................................................................................... 9e.                             00 

C. Net Business Income, Apportionment 
10. Net business income (line 8 minus line 9e) ............................................................................................. 10.                                          00 
11. Ohio apportionment ratio (Part II, line 4) .................................................................................................. 11.                   . 
  12. Total business income apportioned to Ohio (multiply line 10 by line 11)  ................................................. 12.                                                      00 

D. Ohio Small Business Investor Income Deduction 
     (Complete a separate schedule for each pass-through entity or sole proprietorship) 
    13. Ohio small business investor income (line 12 from each separate schedule; see instructions)   ............. 13.                                                                   00 
    14. Maximum Ohio small business investor income subject to deduction (see instructions).........................  14.                                                                 00 
  15. Ohio small business investor income deduction; 50% of line 13 or 50% of line 14, whichever is less 
     (maximum deduction is $125,000 for married fi ling jointly or single/head of household/qualifying widow(er)  
       filers and $62,500 for married fi ling separately filers). Enter here and on Ohio form IT 1040, line 41  ........ 15.                                                                 00 

Part II – Apportionment Formula for Business Income 
                                                         (1)              (2)                 (3)                (4)                                                           (5)
                                                                          Total                                                                                              Weighted
                                                         Within Ohio    Everywhere            Ratio          Weight                                                          Ratio 
                                                                                             (carry to six                                                                   (carry to six
   1. Property                                                                              decimal places)                                                                  decimal places) 
     (a)  Owned (average cost) ...............    
     (b)  Rented (annual rental x 8) .........    
     (c)  Total (lines 1a and 1b) ...............                    ÷                =    .                x     .20                                                 = 1c.  . 
  2.  Payroll (see Exclusions on page 4 
     of the instructions) ...........................                ÷                =    .                x     .20                                                 =   2. . 
  3.  Sales (see Exclusions on page 5 
     of the instructions) ...........................                ÷                =    .                x     .60                                                 = 3.   . 
  4.  Ohio apportionment ratio. Add lines 1c, 2 and 3 (enter ratio here and on Part C, line 11) .................................                                       4.   .