Problem: Andrew changed jobs and received Form 1099-R from his previous employer. The gross distribution amount in Box 1 is $11,200. Andrew deposited the entire $11,200 into his IRA within 30 days of receiving the check (rollover). Which of the following statements is true? The entire distribution is includible as income The entire distribution is excludable from income The distribution is eligible for the ten-year tax option The distribution is eligible to be taxed at a special rate