Conversations with police in the course of their duties are not private conversations, but many other things you may record on a public street are. You have the right to videotape and audiotape police officers performing official duties in public. It is not a violation of the Pennsylvania Wiretap Law to do so. That means you can record an officer during a traffic stop, during an interrogation, or while he or she is making an arrest.
A qualified dividend is a type of dividend that is taxed at the capital gains tax rate. Generally speaking, most regular dividends from U.S. companies with normal company structures (corporations) are qualified.
The basis of the stock purchase for that year is $500 (100 shares Ã $5). The stock dividend for 100 shares is $7.50 (100 shares Ã $.75). The dividend of $7.50 is ordinary income to the stockholder and the basis of the stock remains at $500. Qualified Dividends. Qualified dividends are ordinary dividends that qualify for capital gains treatment. This occurs quite often with mutual funds.