You say you have iTunes Match? What I understand from your question is that you want to edit your playlists adding/deleting or you just want to pick specific playlists to have on your iPhone, I'll explain both.
If you deleted a song from your playlist simply scroll up or down till you see edit/clear/delete. Hit edit then the + icon to add songs, or readd them if you deleted them. Clear will delete all the songs in that playlist without deleting the playlist itself. Delete will delete all the songs and the playlist itself.
If you're hoping to be able to add a couple of playlists for example a" work out" playlist and a "commute" playlist on your phone but leave the "dance" playlist on your computer, you can't. The whole idea of iTunes Match is that you have ALL of your music, playlist and whatnot. The idea is that when you make any change even if it's just moving a song from the bottom to the top of your playlist, it will show up on all your devices.
I hope that helps let me know if it doesn't and I'll try and help out if I can!