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.
Capital Gain and Loss. The sale of stock results in a capital gain or loss that is either short-term or long-term. If you owned the sold shares for one year or less, the gain is short-term and is taxed at the same rate as ordinary income, like your salary.Gains on stock held for more than one year are long-term and qualify for capital-gains tax rates. As of 2012 the maximum long-term capital gains rate was 15 percent.apital Gain and Loss. The sale of stock results in a capital gain or loss that is either short-term or long-term. If you owned the sold shares for one year or less, the gain is short-term and is taxed at the same rate as ordinary income, like your salary.