Review this scenario.

Is the statement regarding a $2024$ Form $1099-$R correct?

Is this a correct option?

Taxpayer is $52$ years old and withdrew $\backslash (\backslash$$ $20,000\backslash )$ from their $\backslash (401(\backslash$mathrm$\{$k$\})\backslash ).$ A month and a half later, Taxpayer put the entire amount, including the amount withheld for taxes, into another $\backslash (401(\backslash$mathrm$\{$k$\})\backslash ).$ The $1099-$R Taxpayer receives will have a Code G in Box $7.$

$(1)$ This question may have more than one sub$-$question, which will be delivered one at a time on confirmation of your answer.