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.
  no, they are not tax free. The dividends are taxed in the year paid. The dividend reinvestment is a purchase of stock just as if you used cash. You have to track eve â¦ ry single purchase transaction of stock from every reinvestment to keep track of the cost basis of each stock, so as to cost it out when you sell.ne important thing to note is that the stock you own must be registered in your name. Usually, when you buy stock through a broker the stock is registered in what's known as street name which means you won't be eligible for a DRIP until the stock is registered in your own name.