The specific requirements for licensing depend on the state where you live, so be sure to check state law's in the area where you plan to practice. In many cases, you will be required to complete a specific period of supervised residency work (often one to two years) after earning your graduate degree. Finally, you will then need to pass the required exams, which may include both oral and written components.
Capital Gains Tax. Any profit you enjoy from the sale of a stock held for at least a full year is taxed at the long-term capital gains rate, which is lower than the rate applied to your other taxable income. Itâs 15% if you are in a 25% or higher tax bracket and only 5% if you are in the 15% or lower tax bracket.
What is taxable on a dividend depends on the type of dividend you receive. You must report a dividend on your tax return if you can choose to accept either stock or cash and you take the stock. If the dividend can be redeemed for cash immediately, it is taxable.Ordinary dividends, usually received from a corporation or mutual fund, are taxable as ordinary income for you.f there is enough profit left over to pay out dividends to shareholders, the distributions are taxed again to the individual stockholders at their regular tax rates. A C corporation can be taxed at rates as high as 39 percent, as of 2011.