You mentioned receiving a W-2 from this entity, so the Schedule K-1 is apparently a Schedule K-1 (Form 1120S) from an S corp. None of the pass through income reported on this Schedule K-1 is compensation. Also, you are not self-employed, so you are not permitted to take a self-employed retirement deduction on your individual tax return with respect to this (which is why there is no way provided in TurboTax to enter the contribution). Any elective deferral to the 401(k) established under this S corp was required to have been made from your compensation reported on the W-2, deposited by the S corp and reported in box 12 of your W-2.
You've apparently made an impermissible contribution to the solo 401(k).