Wednesday, August 1, 2012

Tax Free Weekend

Tax Free Back to School shopping is going on for many places this weekend (some states will be later this month).  Rules, restrictions and exemptions vary by state and sometimes down to specific localities within a state.

Things that are included in the sale are:
  • Clothing items individually priced at $75 or less (some restrictions apply)
  • School supplies priced at $15 or less per item
  • Certain electronics related to back to school (laptops, tablets, graphing calculators – some restrictions apply)
  • Diapers (surprisingly enough these are included in tax free – at least in Alabama.  Check your states list to verify)
Here are participating states and their weekends.  Click the state’s name to be taken to the official IRS website for that state and you can view a detailed list of what is and is not exempt.

Alabama
August 3-5

Arkansas
August 4-5

Connecticut
August 19-25

Florida
August 3-5

Georgia
August 10-11

Iowa
August 3-4

Louisiana
August 3-4

Maryland
August 12-18

Mississippi
July 27-28


Missouri
August 3-5

New Mexico
August 3-5

North Carolina
August 3-5

Oklahoma
August 3-5

Tennessee
August 3-5

Texas
August 17-19

Virginia
August 3-5

Reposted from: Couponing to Disney


Folks, be smart on Tax Free Weekend- buy what you need.  You're not saving that much on tax free weekend, so don't go overboard, but it is a great time to get clothes and supplies for back to school- especially if you know you're just going to have to buy the same things in the next week or two anyway!

-Kristen

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