No, you are not taxed on the distribution if you roll it over to your annuity within 60 days of your distribution. At this point it would be considered a rollover, which is nontaxable transaction.
In TurboTax, once 1099-R reporting 401K distribution is entered, if code G reports your transaction, the rollover is automatically applied and the income is not taxable. Otherwise, you will be asked what you did with the money. Once you answer that you moved the funds to another retirement account, the distribution becomes rollover and is not taxable.
