Partner's K-1

[peggysioux5]

Taxpayer received a Partner K-1 showing  an "Other Decrease of $5,000" in L - Partner's Capital Acct Analysis with an explanation of decrease of "Miscellaneous Deduction on Books and Not on Return".  I use Drake Software and the only way I can reflect the $5,000 decrease in basis is if I input the $5000 in box 18, code C "nondeductible expenses".  However tax preparer did not input anything in box 18.  Being the K-1 does not show anything in box 18, I am unsure if there would be an issue if I input the $5000 in box 18 to get the correct basis.  How would other tax preparers handle?

Peggy Sioux

[Abby Normal]

Enter as an other decrease to basis.