Schedule                                             Form 1 –
                 SB                        Subtractions from Income
      Wisconsin
    Department of Revenue                              File with Wisconsin Form 1                          2024
 Name                                                                                                   Social Security Number

See the instructions for additional information on the subtractions listed below. Enter all amounts as positive numbers.

 Subtractions from Income
 1    Taxable refund of state income tax (from line 1 of federal Schedule 1)   ......................   1                     .00
 2    United States government interest  ................................................               2                     .00
  3   Unemployment compensation  ....................................................                   3                     .00
  4   Social security adjustment   ......................................................              4                      .00
  5   Capital gain/loss subtraction  .....................................................              5                     .00
 6    Medical care insurance  .........................................................                 6                     .00
  7   Long-term care insurance  .......................................................                 7                     .00
  8   Tuition and fee expenses  .......................................................                 8                     .00
    9Private school tuition (Schedule PS)  ...............................................              9                     .00
    10Contributions to an Edvest or Tomorrow’s Scholar college savings account (Schedule CS)  .....  10                       .00
 11   Distributions of certain earnings from Wisconsin state-sponsored college tuition programs  .....  11                    .00
 12  Military and uniformed services retirement benefits  ...................................  12                             .00
 13  Local and state retirement benefits  ................................................  13                                .00
 14   Federal retirement benefits  ......................................................              14                     .00
 15   Railroad retirement benefits, railroad unemployment insurance, and sickness benefits  ........  15                      .00
 16   Retirement income subtraction  ...................................................  16                                  .00
 17   Reserved for future use   ........................................................               17                     .00
 18   Active duty pay for U.S. Armed Forces (including Reserve and National Guard) ..............      18                     .00
    19Combat zone related death  ......................................................              19                       .00
 20   Adoption expenses  ............................................................                  20                     .00
 21   Contributions to ABLE accounts  ..................................................               21                     .00
 22   Disability income exclusion (Schedule 2440W)  .......................................            22                     .00
 23   Wisconsin net operating loss deduction   ............................................            23                     .00
 24   Farm loss carryover   ...........................................................                24                     .00
 25   Native Americans  .............................................................                  25                     .00
 26   Sale of business assets or assets used in farming to a related person  .....................     26                     .00
 27   Recoveries of federal itemized deductions  ..........................................            27                     .00
 28   Repayment of income previously taxed   ............................................              28                     .00
 29   Add lines 1 through 28. Enter here and on line 30, page 2  ..............................  29                           .00

                                                                                                           Now go to page 2
I-0103 (R. 06-24)

2024 Schedule SB                                                                                        Page 2 of 3
 Name                                                                                               Social Security Number

 30   Enter amount from line 29 on page 1 .............................................             30                    .00
 31   Human organ donation  .......................................................                  31                   .00
 32   Expenses paid to related entities  ................................................           32                    .00
 33   Income from a related entity   ...................................................            33                    .00
    34Legislator’s per diem  .........................................................              34                    .00
    35Sales of certain insurance policies ...............................................           35                    .00
 36   Physician or psychiatrist grant  ..................................................           36                    .00
 37  Olympic, Paralympic, and Special Olympic medals and United States Olympic Committee
    and Special Olympic Board of Directors prize money  ................................            37                    .00
 38   AmeriCorps education awards ..................................................                38                    .00
 39   Differences in federal and Wisconsin basis of assets  ................................        39                    .00
 40   Reserved for future use  .......................................................              40                    .00
 41  Differences in federal and Wisconsin reporting of marital property (community) income ......   41                    .00
 42   Charitable contributions from tax-option (S) corporations (list and provide amount)
   a    Name
        FEIN                                                Amount 42a                     .00
   b    Name
        FEIN                                                Amount 42b                     .00
   c    Name
        FEIN                                                Amount 42c                     .00
   d    Add lines 42a through 42c  ..................................................               42d                   .00
 43   Tax-option (S) corporation adjustments. Do not include adjustments listed on line 46 (list and
    provide amount)  
      a Name
        FEIN                                                Amount 43a                     .00
   b    Name
        FEIN                                                Amount 43b                     .00
   c    Name
        FEIN                                                Amount 43c                     .00
      d  Add lines 43a through 43c  ..................................................  43d                               .00
 44   Add lines 30 through 41, 42d and 43d. Enter here and on line 45, page 3 .................      44                   .00

2024 Schedule SB                                                                                        Page 3 of 3
Name                                                                                                   Social Security Number

 45 Enter amount from line 44 on page 2 .............................................                45                      .00
 46 Tax-option (S) corporation entity level tax election adjustments (list and provide amount)
    a Name
      FEIN                                     Amount 46a                                     .00
   b  Name
      FEIN                                     Amount 46b                                     .00
   c  Name
      FEIN                                     Amount 46c                                     .00
    d  Add lines 46a through 46c   ..................................................               46d                      .00
 47 Partnership, limited liability company, trust, or estate adjustments. Do not include adjustments
    listed on line 48 (list and provide amount)
    a  Name
      FEIN                                     Amount 47a                                     .00
   b  Name
      FEIN                                     Amount 47b                                     .00
   c  Name
      FEIN                                     Amount 47c                                     .00
    d  Add lines 47a through 47c  ..................................................                47d                      .00
 48 Partnership entity level tax election adjustments (list and provide amount)
    a  Name
      FEIN                                     Amount 48a                                     .00
   b  Name
      FEIN                                     Amount 48b                                     .00
   c  Name
      FEIN                                     Amount 48c                                     .00
    d  Add lines 48a through 48c  ..................................................                48d                      .00
 49 Other subtractions from income (list and provide amount)
   a                                           Amount 49a                                     .00
   b                                           Amount 49b                                     .00
   c                                           Amount 49c                                     .00

    d  Add lines 49a through 49c  ..................................................                49d                      .00
 50 Add lines 45, 46d, 47d, 48d, and 49d. This is your total subtraction from income.  Enter on Form 1,
     line 6  .....................................................................                  50                       .00