Bill, age $57,$ has elected to move the full balance in his qualified stock bonus plan to an IRA by means of a direct rollover. Which one of the following tax rules will apply to withdrawals made later this year from Bill's IRA?

A$)$

Withdrawals will only be taxed as ordinary income

B$)$

Withdrawals will be taxed as capital gains

C$)$

Withdrawals will be taxed using net unrealized appreciation rules

D$)$

Withdrawals will be taxed as ordinary income and will be subject to a $10\%$ ear