The trouble with W-2 box 14 is that the employer can put pretty much anything they want in it. There are no standard rules for what goes in box 14, and no standard codes or abbreviations. So if there is something you don't understand, you have to ask your payroll office what it means.
"Transit" sounds like it might be commuter benefits, in which case the TurboTax category is "Other (not classified)." But that's just my guess. As for "TranFe," I have no idea. Ask the payroll office what they are.
