Step 3: On your computer, iTunes or Finder should pop up a message indicating that your iPhone has encountered a problem and needs to be updated to the latest iOS software or factory reset. Click the Restore button and confirm your choice again. Then, iTunes will restore your iPhone 14 to factory settings.
Method 3. Using MagFone iPhone Unlocker Factory Reset iPhone 14
If you cannot use iTunes to restore iPhone 14, you can reset your iPhone 14 to factory settings using a popular MagFone iPhone Unlocker. This tool can factory reset iPhone/iPad/iPod touch and remove Apple ID from iPhone/iPad/iPod touch, and bypass MDM and Screen Time passwords with just a few clicks. How do you factory reset the iPhone 14 pro max with the MagFone iPhone Unlocker? Here are the steps.

Step 1: Connect your iPhone 14 to the computer and launch MagFone iPhone Unlocker. You will see that its interface has 4 functional sections. We need factory reset iPhone 14, here we can choose Unlock iOS Screen section.

Step 2: The MagFone software should be able to recognize your device. If not, you can follow the on-screen prompts to put iPhone 14 in DFU mode or recovery mode.

Step 3: MagFone software will take you to a new window, click the Download button to proceed the unlock process.

Step 4: After downloading, click on the Unlock button. A box will open in front of you warning that removing the lock screen passcode will wipe all data from your iPhone 14. Confirm your choice and click Unlock button again to start factory reset iPhone 14. After a few minutes, your iPhone 14 will be rebooted and you will see the Hello welcome screen, it means your iPhone 14 has been reset to factory settings successfully.

Method 4. Factory Reset iPhone 14 via Security Lockout Screen
How to reset iPhone 14 to factory settings? before you start using this method, you should understand the prerequisites for this method:
Make sure that the Find My function is enabled on iPhone 14;
Make sure iPhone 14 is connected to Wi-Fi or cellular network;
Make sure you clearly know the Apple ID and password bound to the iPhone 14.
Here are the steps to use security lockout screen to factory reset iPhone 14:
Step 1: If you are locked out of your iPhone 14 and after entering the wrong passcode too many times, you receive a message that the iPhone is disabled or is unavailable and asks you to wait for a while before trying to enter the passcode again.
Step 2: Entering the wrong passcode until there is an Erase iPhone option on the right bottom of the iPhone screen.
Step 3: Click Erase iPhone button, and input the Apple ID and passcode to proceed. After that, the iPhone 14 will be erased to factory settings.
Method 5. Reset iPhone 14 to Factory Settings with iCloud
You can also factory reset the iPhone 14 through a service in iCloud called Find My iPhone when you forget your passcode. The prerequisites of this method are same as the Method 4, and you can try below steps to reset iPhone 14 to factory settings by using iCloud website.
Step 1: Go to the iCloud website and log in to the iCloud website with the Apple ID and password bound to the iPhone 14.
Step 2: Select Find My iPhone feature, and then select the iPhone 14 that needs to be reset in the “All Devices” drop-down list at the top of the page.
Step 3: When the device menu appears, tap the Erase iPhone button and iPhone 14 factory reset.