Tax-Free Weekend Takes Place In Multiple States During First Weekend In August
Summer is coming to an end, and that means kids will be headed back to school. It also means parents must get their child’s back to school supplies. In order to help them, dozens of states are holding back to school tax-free weekends to assist them.
Along with getting school supplies being free of tax, parents can get their children’s clothes, shoes and other things without paying tax on them. Parents understand how quickly all these things will add up, and it’s why some states have implemented this program.
It’s important people to understand that each state has their own “tax-free” weekend dates and times. In Arkansas, it starts Aug. 6 at 12:01 a.m. and goes through Aug. 7 to 11:59 p.m. In Florida, the tax-free weekend begins Aug. 5 and goes until Aug. 7.
Each state also has a list of things that can be purchased tax-free. To find out what is and is not tax-free during the tax-free weekend, people should visit their state’s website to get the list. Keep in mind some states allow computers and other electronics to be purchased tax-free while other states won’t.
To get even better savings from this tax-free weekend, people should consider any back-to-school sales stores are holding to get the additional savings. However, it’s important to understand that states have imposed a purchase limit on the items eligible for tax-free. Again, visiting your state’s website is the best way to find out what limitations have been placed on items.
Tax-free back-to-school shopping holidays began in New York in 1997; it’s an event that quickly grew in popularity. And, even though they are popular among the public, some states have started to opt out, holding one this year and not next year.
And, here’s something to keep in mind: While the tax-free weekend was developed to help parents pay for their children’s schooling, you don’t have to be a parent to take advantage of it. If you buy clothes for yourself, need a computer (where allowed) or just need some office supplies, you can also benefit from the tax-free weekend states are holding. Which states are participating this year? The states that are holding or have held a tax-free weekend include:
Alabama, Arkansas, Connecticut, Florida, Georgia, Iowa, Louisiana, Mississippi, Missouri (although some cities have elected to opt out of participation), New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas and Vermont and Virginia.