What time is Donald Trump's inauguration as President? Who is attending and all you need to know about the schedule as he takes office in 2017. US President-elect Donald Trump will take office on January 20. Here are the traditions and quirks of the day - plus how to watch the Inauguration in the UK.
The election to pay tax at the rate of 5.85% does not apply to items of income taxed at 12% (short-term capital gains and gains on collectibles and pre-1996 installment sales.). 1  M.G.L. 2  Chapter 62, Section 4 as amended by St. 2000, c. 343, s. 3  1; as amended by St. 1999, c. 127, ss.
These dividends are taxable federally at the capital gains rate, which depends on the investorâs modified adjusted gross income (AGI) and taxable income (the rates are 0%, 15%, 18.8%, and 23.8%). Your 1099-DIV indicates the amount of your dividends that are qualified and hence taxed at a lower rate.