K-1 Code W Investment Interest to be reported on Schedule E, Page 2

[klueless]

I have a K-1 for an LLC partnership. In box 13 Other Deductions is entered Code W, $461.

In the notes it says:

BOX 13

OTHER DEDUCTIONS

* DESCRIPTIVE INFORMATION

W 1.163-8T INTEREST EXPENSE ALLOCABLE TO REFINANCE PROCEEDS $461.

In Turbotax I checked "Investment Interest Expense" under "Enter Code W Detail." Then at the bottom of the page there is a blank for "Investment Interest to be reported on Schedule E, Page 2." Do I enter the $461 in the blank? I have no idea what that means.

[AliciaP1]

Yes, it is stated separately because it is not ordinary income nor does it qualify for QBI.  Enter the $461 in that amount "blank" and continue with your return.