Box 5 is not permitted to be used for a distribution from a traditional IRA, including an IRA annuity. The Form 1099-R is required to have the same amount in box 2a as is in box 1 and have the IRA/SEP/SIMPLE box marked, and is required to be entered into TurboTax as received. The taxable and nontaxable portions of the distribution are required to be calculated on Form 8606, which TurboTax will prepare given the information that BillM223 indicated TurboTax will ask for.
