Get your taxes done using TurboTax

I understand your concern about entering the "Payer's" name exactly as it is.  I don't disagree but you can add a nickname to the end of it.  If your payer's name was XYZ, and you added 401K UPS, it would show XYZ 401K UPS.

You would also see it on the summary page.

and also on the Review Page.

The IRS uses the payer's TIN to identify them.