I am having the same problem. Specifically, my K-1 has an amount in Line 11 code i but only has the description "Other Income" and the amount. No specifics beyond that. If I use the "I Have Another Description Item" and enter the "Other Income" and amount, turbo tax does NOT tax the income at all. The tick boxes / pre-populated options (1-5) are used to determine the tax rate that gets applied, if you choose "I have Another Description Item" IT WILL NOT BE TAXED AT ALL.
