diff --git a/sqlmodel/main.py b/sqlmodel/main.py
index 84478f24cf..1fec1ac129 100644
--- a/sqlmodel/main.py
+++ b/sqlmodel/main.py
@@ -3,6 +3,7 @@
 import builtins
 import ipaddress
 import uuid
+import warnings
 import weakref
 from collections.abc import Mapping, Sequence, Set
 from datetime import date, datetime, time, timedelta
@@ -11,6 +12,7 @@
 from pathlib import Path
 from typing import (
     TYPE_CHECKING,
+    Annotated,
     Any,
     Callable,
     ClassVar,
@@ -89,6 +91,8 @@
 ]
 OnDeleteType = Literal["CASCADE", "SET NULL", "RESTRICT"]
 
+INCLUDE_DEPRECATION_MSG = "`include` is deprecated and does nothing. It will be removed, use `exclude` instead"
+
 
 def __dataclass_transform__(
     *,
@@ -211,8 +215,11 @@ def Field(
     serialization_alias: Optional[str] = None,
     title: Optional[str] = None,
     description: Optional[str] = None,
-    exclude: Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any] = None,
-    include: Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any] = None,
+    exclude: Union[bool, None] = None,
+    include: Annotated[
+        Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any],
+        deprecated(INCLUDE_DEPRECATION_MSG),
+    ] = None,
     const: Optional[bool] = None,
     gt: Optional[float] = None,
     ge: Optional[float] = None,
@@ -254,8 +261,11 @@ def Field(
     serialization_alias: Optional[str] = None,
     title: Optional[str] = None,
     description: Optional[str] = None,
-    exclude: Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any] = None,
-    include: Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any] = None,
+    exclude: Union[bool, None] = None,
+    include: Annotated[
+        Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any],
+        deprecated(INCLUDE_DEPRECATION_MSG),
+    ] = None,
     const: Optional[bool] = None,
     gt: Optional[float] = None,
     ge: Optional[float] = None,
@@ -306,8 +316,11 @@ def Field(
     serialization_alias: Optional[str] = None,
     title: Optional[str] = None,
     description: Optional[str] = None,
-    exclude: Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any] = None,
-    include: Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any] = None,
+    exclude: Union[bool, None] = None,
+    include: Annotated[
+        Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any],
+        deprecated(INCLUDE_DEPRECATION_MSG),
+    ] = None,
     const: Optional[bool] = None,
     gt: Optional[float] = None,
     ge: Optional[float] = None,
@@ -339,8 +352,11 @@ def Field(
     serialization_alias: Optional[str] = None,
     title: Optional[str] = None,
     description: Optional[str] = None,
-    exclude: Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any] = None,
-    include: Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any] = None,
+    exclude: Union[bool, None] = None,
+    include: Annotated[
+        Union[Set[Union[int, str]], Mapping[Union[int, str], Any], Any],
+        deprecated(INCLUDE_DEPRECATION_MSG),
+    ] = None,
     const: Optional[bool] = None,
     gt: Optional[float] = None,
     ge: Optional[float] = None,
@@ -371,6 +387,10 @@ def Field(
     schema_extra: Optional[dict[str, Any]] = None,
 ) -> Any:
     current_schema_extra = schema_extra or {}
+
+    if include is not None:
+        warnings.warn(INCLUDE_DEPRECATION_MSG, DeprecationWarning, stacklevel=2)
+
     # Extract possible alias settings from schema_extra so we can control precedence
     schema_validation_alias = current_schema_extra.pop("validation_alias", None)
     schema_serialization_alias = current_schema_extra.pop("serialization_alias", None)
diff --git a/tests/test_pydantic/test_field.py b/tests/test_pydantic/test_field.py
index 140b02fd9b..14dceb190b 100644
--- a/tests/test_pydantic/test_field.py
+++ b/tests/test_pydantic/test_field.py
@@ -54,3 +54,26 @@ class Model(SQLModel):
 
     instance = Model(id=123, foo="bar")
     assert "foo=" not in repr(instance)
+
+
+def test_exclude():
+    class Model(SQLModel):
+        id: int
+        name: str
+        value: int = Field(exclude=True)
+
+    instance = Model(id=1, name="test", value=42)
+    dict_representation = instance.model_dump()
+    assert "id" in dict_representation
+    assert "name" in dict_representation
+    assert "value" not in dict_representation
+
+
+def test_include_is_deprecated():
+    with pytest.warns(
+        DeprecationWarning,
+        match="`include` is deprecated and does nothing. It will be removed, use `exclude` instead",
+    ):
+
+        class Model(SQLModel):
+            values: list[int] = Field(include=True)