The amount on Form 1065 Sch K Line 14c is calculated as:
Total income (loss) (Line 😎
plus
Other Rental Income (Sch K line 3a)
less
Net farm profit (loss) (Line 5)
less
Net gain (loss) from Form 4797 (line 6)
If all the above are zero, then Sch K Line 14c must be zero. The amount you're seeing on Sch K Line 14c is most likely coming from 1065 Line 8. If your Income at the top of 1065 is zero, there is no explanation for the amount on line 14c.
You have the option to override the calculated value on Line 14c. This will invalidate the return for e-filing, so you'll need to print and mail to the IRS. Also, the TurboTax guarantees no longer apply.
TurboTax Live Full Service Business is another option where a tax professional may be able to resolve this for you.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
