Income inclusion spread over 3-year period

In the case of any qualified disaster recovery distribution, unless the taxpayer elects not to have this subparagraph apply for any taxable year, any amount required to be included in gross income for such taxable year shall be so included ratably over the 3-taxable year period beginning with such taxable year.

For purposes of clause (i), rules similar to the rules of subparagraph (E) of section 408A(d)(3) shall apply.