Code ZZ doesn't get carried anywhere, That's informational.
If you are sure that this is a legitimate deduction then I would deduct it directly on the K1. the IRS has received a copy of the K1 and should be aware of the deduction. So deduct it from the amount that you are entering as the box 1 income and it will net out to the correct amount. Be sure that this is a legitimate deduction and save copies of everything that justifies the new entry.
@Cmbmichael
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