Thank you for your help with this.

The information is already in Other Deductions on the K-1 wks. However, that doesn't reduce the SE income. 

My question is how to actually reduce the SE income in PS for the Sec. 754 deduction. The taxable income is already reduced for this so I can't report it as UPE since this will reduce taxable income again for the Sec. 754 depreciation. 

I finally just changed the number on line 14 of the K-1 wks that was imported from the client's 1065. Not sure if that will trigger a problem when the IRS matches the K-1 to the 1040.

Thank you.