Watch the 2016 MTV VMA Nominations Announcement Live Via Our Livestream!

It's almost that time of the year again! The MTV Video Music Awards 2016 is just around the corner, but before the always outrageous awards show takes place Sunday, August 28, at NYC's Madison Square Garden, the nominees must be announced. Watch that go down right here via Us Weekly's livestream!

PHOTOS: Relive What All the Stars Wore to the 2015 VMAs

Last year, Taylor Swift showed up with the cast of "Bad Blood" (a.k.a. the #squad), including Selena Gomez, Gigi Hadid and Hailee Steinfeld. She also awarded her on-and-off nemesis Kanye West the Video Vanguard Award, putting their differences behind them. That is, until the feud was reignited this year, thanks to his controversial "Famous" lyrics.

Miley CyrusMiley Cyrus at the 2015 MTV Video Music Awards. John Shearer/Getty

PHOTOS: Wildest VMAs Moments of All Time!

Miley Cyrus Wears Mysterious New Ring on That Finger: Photo!Is Miley Cyrus Wearing a Wedding Ring? Kim Kardashian, Calvin Harris Were ‘Smiling and Chatting’ at JLo’s Bday Bash Kim Kardashian Sings Along to Kanye’s Lyrics About Taylor Swift

Perhaps they'll make up again this year? Either way, the host (last year's was Miley Cyrus) and the performances (home of the Madonna-Britney kiss!) should be just as over-the-top and wild as always. And it all begins with the nominations.

Check back here later today, Tuesday, July 26, at 2 p.m. ET, to watch the announcement live!

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