photo: cbgrfx123 via Flickr
We know you’re still in summer mode, but if you want to save a few bucks on back-to-school shopping, listen up: several states will be offering a “sales tax holiday” for a few days in August that will allow parents to buy school supplies without the sales tax.
The tax breaks are enacted by 16 states (see below to check if yours is one of them) and will suspend — or significantly decrease — the amount of sales tax charged for school supplies, clothing, footwear and (in some cases) electronics. You may still be charged a city or county tax, but hey, every penny counts, right? Especially when you consider that the average K-12 family spends about $688 each on back-to-school supplies, according to the National Retail Federation.
Here are the tax breaks, by state, courtesy of Consumer Reports:
Alabama: July 21-23
Alabama’s 2017 sales tax break applies to qualifying clothing that costs up to $100 per item. You also save on computers and computer supplies up to $750, and school supplies up to $50.
Arkansas: August 5-6
Clothing that costs less than $100 per item as well as some kinds of electronic equipment and school supplies will qualify. To get more details, go to Arkansas.gov.
Connecticut: August 20-26
Connecticut’s 2017 sales tax break includes certain clothing and footwear that sell for less than $100 per item.
Florida: August 4-6
Clothing up to $60 per item, some school supplies up to $15, as well as personal computers and certain computer-related accessories up to $750. More details can be found at Florida’s Department of Revenue website.
Iowa: August 4-5
Iowa’s 2017 sales tax holiday includes select clothing and footwear less than $100 per item.
Louisiana: August 4-5
Louisiana’s 2017 sales tax holiday includes almost all items of tangible, personal property up to $2,500 per item.
Maryland: August 13-19
If you need to buy a backpack or a book bag, there is no tax on the first $40 of the cost. There are also other items covered, including qualifying clothing and footwear up to $100 per item.
Mississippi: July 28-29
Mississippi’s 2017 sales tax holiday includes qualifying clothing and footwear that sell for less than $100 per item.
Missouri: August 4-6
Missouri’s 2017 sales tax holiday applies to clothing that costs up to $100 per item, school supplies up to $50, computer software up to $350 and computers and computer accessories that cost up to $1,500.
New Mexico: August 4-6
New Mexico’s 2017 sales tax holiday includes qualifying clothing less than $100, computers less than $1,000, computer hardware less than $500 and school supplies less than $30.
Ohio: August 4-6
Instructional materials and school supplies are tax-free as long as they cost less than $20. Ohio’s 2017 sales tax holiday also includes qualifying clothing up to $75 per item.
Oklahoma: August 4-6
Oklahoma’s 2017 sales tax holiday includes qualifying clothing and footwear that cost less than $100 per item.
South Carolina: August 4-6
South Carolina’s 2017 sales tax holiday covers printers, software, linen, footwear and more.
Tennessee: July 28-30
Tennessee’s 2017 sales tax holiday includes qualifying clothing that costs up to $100 per item, school supplies up to $100 and computers up to $1,500.
Texas: August 11-13
Texas’ 2017 sales tax holiday includes qualifying clothing, footwear, backpacks and school supplies less than $100 per item.
Virginia: August 4-6
School supplies and back-to-school clothing as well as emergency preparedness products and Energy Star appliances can all benefit from the tax break. More details can be found at the Commonwealth of Virginia’s tax website.
How much do you think you spend on back-to-school supplies? Tell us in the comments below.