Who doesn’t love summer? Longer days, warmer weather, tax-free shopping.
States across the nation will kick off sales tax holidays during the summer months. Stroll into your favorite store a few weeks from now, and you may be able to purchase items without being charged state sales tax.
Think of it as a way to boost your savings — and a rare opportunity to get an upper hand on the taxman.
In many of these sales tax holidays, back-to-school items are exempt items, including everything from clothes to school supplies. Other states extend the savings to things like office supplies and personal computers.
Holiday dates and the spending caps for exempt items also differ from state to state. So, check your state’s rules before heading to the store. For most of the states in the following list, you can click on the state name to learn more.
States with upcoming sales-tax holidays include:
- Alabama: July 19-21
- Arkansas: Aug. 3-4
- Connecticut: The state has yet to formally announce dates for 2019, but last year the holiday was the week of Aug. 19-25.
- Florida: Aug. 2-6
- Iowa: Aug. 2-3
- Maryland: The state has yet to formally announce dates for 2019, but the holiday typically begins on the second Sunday of August and lasts a week.
- Massachusetts: By state law, there will be a tax holiday during one weekend of August. But the state government hasn’t announced the 2019 dates yet.
- Mississippi: July 26-27
- Missouri: The state has yet to formally announce dates for 2019, but state law dictates that the holiday must be the first weekend of August, which would be Aug. 2-4 this year.
- New Mexico: The state has yet to formally announce dates for 2019, but last year they were Aug. 3-5.
- Ohio: Aug. 2-4
- Oklahoma: The state has yet to formally announce dates for 2019, but last year the holiday was Aug. 3-5.
- South Carolina: The state has yet to formally announce dates for 2019, but last year they were Aug. 3-5.
- Tennessee: July 26-28
- Texas: Aug. 9-11
- Virginia: Aug. 2-4
Click on a state for more information about which items are exempt and the spending caps that may apply.
According to the Sales Tax Institute, statewide sales tax rates are as high as 7% — not counting any local sales taxes. So, you stand to save a nice bit of cash by taking advantage of sales tax holidays.
What’s your favorite way to save this time of year? Let us know below or over on our Facebook page.
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