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I have a deduction in box 13 of Sch K1 for qualified income offset. The K1 has a code of "W", but there is no such code to select in ProConnect.???

jtdcpa
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Code W just means, "Other, figure out what presentation you want and put it there." 

Normally a qualified income offset is an item of income, not deduction. If the amount is material, you might want to make further inquiries.

I usually enter things that are ordinary income and I want to appear on Schedule E p 2 in the Separately Stated Items section of the K-1 input, either passive or nonpassive depending on the underlying activity.