If you are filing as Married Filing Jointly, it won't make a difference in your tax return bottom line who it belongs to.
If there is only one SSN listed on the 1099-R, you could indicate that the interest belongs to that person. If both SSN's are listed, you could enter half the total amount for each of you on two 1099-R entries in TurboTax.
Or, since your Annuity Contract states that it belongs to both of you, you could ask the Payor to issue two 1099-R's.
Click this link for more info on Jointly Owned Annuity.
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