Tax Free Weekends Help You Save on School Supplies
Posted on Monday, August 1st, 2016 at 6:58 pm
The start of a brand new school year is just a few weeks away. One way to save money on school supplies is to take advantage of tax free weekends.
August 5 and 6:
Iowa
Iowa’s tax free weekend is an annual holiday that is held the first Friday and Saturday of August. Sunday is not included, so you will need to plan accordingly. Iowa’s tax free weekend is for clothing. They define “clothing” as: “any article of wearing apparel and typical footwear intended to be worn on or about the human body.” It is for any clothing item priced at $100 or less.
Louisiana
Louisiana offers a sales tax discount on back-to-school supplies, electronics, furniture, an other retail items. Louisiana reminds shoppers to keep their receipts for back-to-school items, such as supplies, uniforms, and equipment required by schools. Those purchases might qualify for tax deductions on 2016 Louisiana Income Tax Returns.
August 5-7:
Alabama
* Books – any item priced at $30 or less
* School supplies – any item priced at $50 or less, including school art supplies and instructional manuals
* Clothing – any item priced at $100 or less
* Computers and software – Any item priced at $750 or less
Florida
* Clothing, footwear, and certain accessories at $60 or less per item
* Certain school supplies at $15 or less per item
Missouri
* Clothing – any article having a taxable value of $100 or less
* School Supplies – not to exceed $50 per purchase
* Computer software – taxable value of $350 or less
* Personal Computers – not to exceed $1,500
* Computer peripheral devices – not to exceed $1,500
* Graphing calculators – not to exceed $150
New Mexico
* Clothing or shoes – priced at less than $100 per unit
* Desktop, laptop, or notebook computers – at a price limit of $1,000
* Related computer hardware – at a price limit of $500
* School supplies – must be under $30 per unit
Ohio
* Clothing priced at $75 per item or less
* School supplies priced at $20 per item or less
* School instructional material priced at $20 per item or less
Oklahoma
Clothing or footwear that is $100 or less per item
Texas
* Clothing and footwear that is $100 or less per item
* Backpacks priced at less than $100
* School supplies priced at less than $100 purchased for use by a student in an elementary or secondary school
South Carolina
All clothing, clothing accessories, footwear, school supplies, computers, printers and printer supplies, computer software, bed linens, and bath accessories are all eligible – with no spending limit.
Virginia
* School supplies – $20 or less per item
* Clothing and footwear – $100 or less per item
* Products that meet Energy Star and WaterSense qualifications – priced at $2,500 or less
* Portable generators – priced at $1,000 or less
* Gas-powered chainsaws – priced at $350 or less
* Other hurricane preparedness supplies and chainsaw accessories – priced at $60 or less
August 6-7:
Maryland
All clothing and footwear – $100 or less per item
August 21-27:
Connecticut
All clothing and footwear that costs less than $100 per item