you did not specify what type of deductions or on what lines they are being reported on for the k-1. in some cases those expenses are no longer deductible by an individual. most of those that are deductible (line 13 for 1065 k-1) would carry to your 1040 schedule A - the total of you allowable schedule A deductions would have to exceed your standard deduction to get any benefit. certain losses reported on lines 1-3 may be subject to passive activity loss limitation, publicly traded partnership loss limitation, or even at-risk limitation.
