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Back-to-school season is approaching, which means sales-tax holidays are about to start in several states.
If you shop for exempt items during a sale-tax holiday, you will not be charged the state sales tax on those items. So, if you’re in need of something that will be tax-free, you can boost your savings by buying it at that time.
During summer sales-tax holidays, back-to-school items — school supplies, clothes, footwear — are generally exempt, although details differ from state to state. In many cases, other items — like office supplies, clothing and personal computers — are also exempt from sales taxes.
Holiday dates and the spending caps for exempt items also differ from state to state.
States with upcoming sales-tax holidays include:
- Alabama: July 20-22
- Arkansas: Aug. 4-5
- Connecticut: The state has yet to formally announce dates for 2018 but they are typically the third week in August (which would be Aug. 19-25 this year).
- Florida: Aug. 3-5
- Iowa: Aug. 3-4
- Maryland: Aug. 12-18
- Mississippi: July 27-28
- Missouri: Aug. 3-5
- New Mexico: Aug. 3-5
- Ohio: Aug. 3-5
- Oklahoma: Aug. 3-5
- South Carolina: Aug. 3-5
- Tennessee: July 27-29
- Texas: Aug. 10-12
- Virginia: Aug. 3-5
- Wisconsin: Aug. 1-5
Click on a state for more information about which items are exempt and the spending caps that may apply.
For plenty of other ways to save on back-to-school needs, check out “15 Ways to Cut the Cost of Back-to-School Shopping.”
What’s your favorite way to save this time of year? Let us know below or over on our Facebook page.