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   Schedule
                                                Transitional Adjustments
   WisconsinT                                   Include with your Wisconsin Form 1 or Form 1NPR
   Department of Revenue                                                                                            2024
Name(s) shown on Form 1 or Form 1NPR                                                                           Your social security number

PART I  –  ADJUSTMENT FOR CAPITAL ASSETS
Fill in this part if you sold or otherwise disposed of capital assets during 2024 on which gain or loss was recognized, and on which 
you had a different basis for Wisconsin than for federal income tax purposes.

1a             Description of Capital Assets Held One Year or Less,                   A. Federal               B. Wisconsin
               and Reason for Difference in Basis                                     Adjusted Basis           Adjusted Basis                               C. Difference

1b TOTAL – Combine amounts in column C. Fill in here and on line 6 of Wisconsin Schedule WD .............................................

2a             Description of Capital Assets Held More Than One Year,                 A. Federal               B. Wisconsin
               and Reason for Difference in Basis                                     Adjusted Basis           Adjusted Basis                               C. Difference

2b TOTAL – Combine amounts in column C. Fill in here and on line 15 of Wisconsin Schedule WD ...........................................

PART II  –  ADJUSTMENT FOR ASSETS REPORTED ON FEDERAL FORM 4797
Fill in this part if you reported sales (or other dispositions) of assets on federal Form 4797, and there was a difference in the Wisconsin 
basis and the federal basis of any asset. If your share of partnership, tax-option (S) corporation, estate, or trust income includes 
gains or losses reportable on federal Form 4797, and there is a difference in the gain or loss reportable for Wisconsin and federal 
income tax purposes, see the instructions for Part II.

3                                    Description of Asset, and                                                 A. Federal                                   B. Wisconsin
                                     Reason for Difference in Basis                                            Adjusted Basis                               Adjusted Basis

4  Adjustment for ordinary gain or loss (nonresidents and part-year residents see instructions).
   When computing lines 4e through 4h, enter losses as positive numbers.
   a  Fill in net ordinary gain from federal Form 4797 (if line is blank, fill in -0-) ..................... 4a
   b  Fill in net ordinary gain from “Wisconsin” Form 4797 (if line is blank, fill in -0-) ............. 4b
   c  If line 4b is more than line 4a, subtract line 4a from line 4b. Fill in the result here and
   on line 10 of Schedule AD .........................................................................................................................  4c
   d  If line 4b is less than line 4a, subtract line 4b from line 4a. Fill in the result here and
   on line 39 of Schedule SB .........................................................................................................................  4d
   e  Fill in net ordinary loss from federal Form 4797 (if line is blank, fill in -0-) ..................... 4e
   f  Fill in net ordinary loss from “Wisconsin” Form 4797 (if line is blank, fill in -0-).............. 4f
   g  If line 4f is more than line 4e, subtract line 4e from line 4f. Fill in the result here and on 
   line 39 of Schedule SB ..............................................................................................................................  4g
   h  If line 4f is less than line 4e, subtract line 4f from line 4e. Fill in the result here and on 
   line 10 of Schedule AD ..............................................................................................................................  4h
I-019 (R. 6-24)

2024 Schedule T                                                                                                       Page 2

PART III –  CHANGING BASIS ASSETS – ADJUSTMENT TO FEDERAL ADJUSTED GROSS INCOME BECAUSE ASSETS 
     HAVE DIFFERENT BASIS FOR WISCONSIN THAN FOR FEDERAL INCOME TAX PURPOSES

Fill in this part to claim the adjustment (or amortization) for 2024 for any difference in the Wisconsin basis and the federal basis of 
changing basis assets.

                                                                           B. Number
                                                                           of Months
                                                                           Elected
                Description of Property, and                               to Adjust   C. Difference in               D. Adjustment or
     Reason for Difference in Basis                       A. Date Acquired or Amortize Basis                          Amortization for 2024
5  Federal adjusted basis is more than Wisconsin adjusted 
basis

6  TOTAL – Add amounts in column D. Fill in on line 10 of Schedule AD. If you are filing Form 1NPR, see instructions .
                                                                           B. Number
                                                                           of Months
                                                                           Elected
                Description of Property, and                               to Adjust   C. Difference in               D. Adjustment or
     Reason for Difference in Basis                       A. Date Acquired or Amortize Basis                          Amortization for 2024
7  Wisconsin adjusted basis is more than federal
adjusted basis

8  TOTAL – Add amounts in column D. Fill in on line 39 of Schedule SB. If you are filing Form 1NPR, see instructions .