Joining this conversation to note that the workaround of adding 1099-R income through Other Income seems to cause a problem with K-1s. As I understand it, income from nonqualified annuities is subject to the Net Investment Income Tax. So that income should show up in Box 14, Code E on beneficiaries' K-1s. But it does not because Other Income items are not included in Net Investment Income.
Is there a workaround to get this nonqualified annuity income into Net Investment Income on K-1s? It seems the only way to get the annuity income into the Net Investment Income category would be to include it as an item of Interest or Dividend income but describe it in a way to make it clear it is income from a 1099-R. But that is very clunky.
Thanks.
