A Guide For Getting the Most From Your Sales Tax Holiday

taxfree-holiday.jpg
Posted on 08/02/2011

When kids head back-to-school, parents often need to head to the store. From school supplies to new tennis shoes, there can be plenty of things on your back-to-school shopping list. A good time to take care of these purchases is during a sales tax holiday. More than a dozen states offer these in July and August, making it a great time to save some cash on things like clothing, footwear and school supplies.


Study Up on State Guidelines

Wondering if your state is participating in a sales tax holiday this year? Study up on tax-free items and guidelines for your state:

Alabama: August 5-7. Clothing up to $100, computers up to $750, school supplies up to $50, books up to $30.

Arkansas: August 6-7. Clothing up to $100, school supplies.

Connecticut: August 21-27. Clothing and footwear up to $300.

Florida: August 12-14. School supplies up to $15, books and clothing up to $75.

Iowa: August 5-6. Clothing up to $100.

Louisiana: August 5-6. All “tangible personal property” up to $2500.

Maryland: August 14-20. Clothing and footwear up to $100.

Mississippi: July 29-30. Clothing and footwear up to $100.

Missouri: August 5-7. Clothing up to $100, computers up to $3500, school supplies up to $50.

New Mexico: August 5-7. Clothing up to $100, computers up to $1000, school supplies up to $15.

North Carolina: August 5-7. Clothing and school supplies up to $100, instructional material up to $300, computers up to $3500, other computing supplies up to $250, sports equipment up to $50.

Oklahoma: August 5-7. Clothing up to $100.

South Carolina: August 5-7. Clothing, school supplies, computers, bedding, linens, etc.

Tennessee: August 5-7. Clothing and school supplies up to $100, computers up to $1500.

Texas: August 19-21. Clothing, school supplies, and backpacks up to $100.

Virginia: August 5-7. Clothing up to $100, school supplies up to $20.


Buy Qualifying Items

Retailers tend to support sales tax holidays because they know that shoppers will come out in droves. And many customers end up buying items that don’t qualify for the sales tax exemption. Take Florida for example—last year’s back-to-school sales tax holiday resulted in a $7 million increase in tax revenues. That’s because people spent $115 million on taxable items during that three-day event as well. But if you want to save the most money, focus just on the items that aren’t being taxed.


Bring Your Coupons
Just because you’re not paying sales tax doesn’t mean you can’t use coupons. Check out this printable coupon for $5 off Bic Mark-It Markers or this one that will take $1 off your purchase of two Scotch tape products.


Make Sure It’s a Good Deal
Start keeping an eye on sales flyers and ads now so that you know if the sales tax weekend is a good time to buy. Some stores may not discount back-to-school items as much during sales tax holidays so you could actually get a better deal another day.


By Alison Storm


Land's End coupon - Save an extra 20% on sale and clearance items with coupon code EXTRA20 and PIN 7922 through 08/03/2011.


Piperlime coupon - Save 20% on kid's shoes, backpacks, and lunch kits with coupon code KIDSROCK through 08/31/2011.

* Hot deals expire quickly. This deal may no longer be valid.

Post A Comment