Cody wrote:But what tax status do dividends recieve?
Dividends from stocks and stock funds come in two flavors: qualified and non-qualified.
Qualified dividends are taxed at the same rates as long-term capital gains, so 15% in your bracket. Non-qualified dividends are taxed at the same rate as ordinary income.
You didn't clarify what you meant by "FTSE", but I'll assume you meant Vanguard's FTSE ex-US Large Cap fund (VFWIX/VFWAX/VEU). It distributes both qualified and non-qualified dividends every year. The percentage varies, but typically it is 70% qualified.Advanced topic
If you sell shares that you have held 60 days or less, then any dividends distributed from those shares are not qualified. So you can't always trust your 1099 to have a correct accounting of your qualified dividends.