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Save Big with Your State’s Tax-Free Holiday: Eligible Items and Dates

Ready to save on your next shopping spree? Look no further than your state’s tax-free holiday! This special event allows consumers to make purchases without paying sales tax on certain items.

In this article, we’ll explore the tax-free holiday dates and eligible items in

Virginia and West

Virginia, as well as their state sales tax rates.

Virginia

The

Virginia tax-free holiday takes place every year on the first weekend in August, starting on Friday and ending on Sunday. During this time, the following items are exempt from

Virginia’s 5.3% state sales tax:

– Clothing and footwear priced at $100 or less per item

– School and office supplies priced at $20 or less per item

– Portable generators priced at $1,000 or less per item

– Gas-powered chainsaws priced at $350 or less per item

– Chainsaw accessories priced at $60 or less per item

It’s important to note that this exemption does not apply to all items in these categories.

For example, exempt clothing and footwear do not include sporting equipment or protective gear like helmets and pads. Additionally, school and office supplies do not include textbooks or digital storage media.

Virginia’s state sales tax rate is 5.3%, which is levied on the retail sale, lease, or rental of most goods and some services. However, certain items like groceries, prescription drugs, and any sales made to the U.S. government or its agencies are exempt from this tax.

West

Virginia

For West

Virginia shoppers, the tax-free holiday falls on the first weekend in August as well, much like its neighboring state

Virginia. During this time, the following items are exempt from the state’s 6% sales tax:

– Clothing and footwear priced at $125 or less per item

– School supplies priced at $50 or less per item

– School instructional materials priced at $20 or less per item

Similarly to

Virginia, certain items within these categories do not qualify for the tax exemption.

For example, clothing and footwear do not include accessories such as jewelry and watches, and school supplies do not include items like software or musical instruments. West

Virginia’s state sales tax rate is 6%, which applies to the retail sale of most goods and some services.

As with

Virginia, certain items such as groceries, prescription drugs, and sales made to the U.S. government or its agencies are exempt from this tax.

Conclusion

In conclusion, taking advantage of your state’s tax-free shopping event is a smart way to save money on some of your necessary purchases. Whether you live in

Virginia or West

Virginia, make sure you know the tax-free holiday dates and eligible items to get the most out of this opportunity.

And when you’re not making purchases during the tax-free holiday, be aware of your state’s sales tax rate to factor into your budget planning. Happy shopping!

Arkansas

If you’re looking to save some money on certain purchases, consider participating in

Arkansas’s tax-free holiday. This event typically takes place during the first weekend of August, and items eligible for exemption vary depending on the year.

Generally speaking, the following items may be exempt from

Arkansas’s state and local sales tax during the tax-free holiday:

– Clothing and footwear priced at $100 or less per item

– Clothing accessories and equipment priced at $50 or less per item

– School supplies

– School art supplies

– School instructional materials

It’s important to note that the exemption only applies to certain items within these categories, so be sure to check the list of eligible items for the year you plan to shop. For example, some years might include backpacks or athletic gear as eligible items, while other years might exclude them.

Arkansas’s state sales tax rate is 6.5%, which is comprised of a 6.25% state tax and a 0.25% conservation tax. In addition to the state tax, various county and city taxes may also apply, ranging from 1.25% to 5.125%.

Certain items, such as prescription drugs and fuel, may be exempt from these taxes.

Connecticut

Connecticut residents can also benefit from a tax-free holiday on certain purchases. This annual event typically takes place during the third week of August, and eligible items may vary from year to year.

The following items are typically exempt from

Connecticut’s 6.35% state sales tax during the tax-free holiday:

– Clothing and footwear priced at $100 or less per item

– Certain items of clothing and footwear costing more than $100, as long as the first $100 is exempt

– Large appliances and refrigerators priced at $2,500 or less per item

– Certain energy-efficient products, such as air conditioners, clothes washers, and light bulbs

– Certain school and art supplies priced at $20 or less per item

As with

Arkansas, it’s important to check the list of eligible items for the year you plan to shop to ensure that the items you want are eligible for exemption.

Connecticut’s state sales tax rate is 6.35%, which is applied to most retail sales and certain taxable services. However, certain items may be exempt from this tax, such as groceries, clothing and footwear costing less than $50 per item, and certain types of medications.

Conclusion

With tax-free holidays and varying state sales tax rates, it’s important to stay informed and take advantage of every opportunity to save money on your purchases. By knowing which items are eligible for exemption and when these tax-free holidays take place, you can strategically plan your shopping trips and make the most of your budget.

Florida

Florida residents can look forward to a tax-free weekend every year, during which certain items become exempt from the state’s 6% sales tax, as well as any local sales taxes. The tax-free weekend usually takes place in early August, and the following items are typically eligible for exemption:

– Clothing, footwear, and certain accessories with a sales price of $60 or less per item

– Certain school supplies with a sales price of $15 or less per item

It’s important to note that certain items, such as handbags, backpacks, and clothing or footwear above the $60 limit, are typically not eligible for exemption during the

Florida tax-free weekend.

Florida’s state sales tax rate is 6%, which applies to most sales of tangible personal property and taxable services. However, certain items, such as groceries, prescription and non-prescription medication, and medical equipment, may be exempt from the state sales tax.

Illinois

Illinois has historically offered a tax-free weekend, but as of 2020, the state no longer holds the annual event. So, while

Illinois residents cannot take advantage of tax-free weekends, the state sales tax rate and designated exemptions are still important to understand.

Illinois’s state sales tax rate is 6.25%, which applies to most retail sales of tangible personal property and certain taxable services. Some local governments may also impose additional sales taxes on certain purchases.

There are several items that are exempt from

Illinois’s state sales tax, such as:

– Prescription and non-prescription medicine

– Most groceries, including cold food items and non-alcoholic beverages

– Clothing and footwear for general use that costs less than $100 per item

– Most prescription drugs

– Medical appliances and devices

It’s worth noting that

Illinois also allows local sales tax exemptions for certain items depending on the county or city. Additionally, there may be occasional sales tax holidays for specific items, such as Energy Star products or school supplies.

Conclusion

Navigating state sales tax rates and tax-free weekends can be tricky, but it’s important to know the rules in order to save money on purchases. Whether you live in

Florida or

Illinois, understanding which items are eligible for exemption and when these tax-free periods take place can help you save money and make the most of your budget.

Iowa

Iowa’s tax-free holiday takes place every year in early August, lasting from Friday through Saturday. During this time, certain clothing and footwear items are exempt from the state’s 6% sales tax, including:

– Clothing items priced at $100 or less per item

– Shoes priced at $100 or less per pair

It’s important to note that this exemption only applies to personal clothing and footwear items, not to accessories like jewelry, hair accessories, or protective sports equipment.

Iowa’s state sales tax rate is 6%, which applies to most retail sales of tangible personal property and certain taxable services. Certain items, such as groceries and prescription drugs, are exempt from the state sales tax.

Additionally, some local governments may impose additional sales taxes on certain purchases.

Maryland

Like many states,

Maryland provides a tax-free shopping event for certain items during specific times of the year.

Maryland’s tax-free weekend typically occurs in mid-August, and the following items are eligible for exemption:

– Clothing and footwear items priced at $100 or less per item

– The first $40 of a backpack purchase

It’s worth noting that certain items, such as athletic uniforms or accessories, are not eligible for exemption during

Maryland’s tax-free weekend.

Maryland’s state sales tax rate is 6%, which applies to most sales of tangible personal property and certain taxable services. However, certain items like groceries, prescription and non-prescription medication, and medical equipment are exempt from the state sales tax.

Certain counties and municipalities in

Maryland may also impose additional sales taxes on certain purchases.

Conclusion

Navigating the various state sales tax rates and tax-free shopping events can be complicated, but taking advantage of these opportunities can save consumers money on necessary purchases. Whether you live in

Iowa or

Maryland, understanding which items are eligible for exemption and when these tax-free weekends occur can help you make the most of your budget.

Massachusetts

Massachusetts residents can enjoy a tax-free holiday on certain purchases every year, typically held in August. During this time, the following items are eligible for exemption from the state’s 6.25% sales tax:

– Most clothing and footwear items priced at $175 or less per item

– Certain computer items, such as laptops and tablets, priced at $2,500 or less per item

However, certain items like sports equipment, jewelry, and non-computer electronics are not eligible for exemption.

Massachusetts’s state sales tax rate is 6.25%, which applies to most retail sales of tangible personal property and certain taxable services. Certain items like groceries, prescription drugs, and newspapers are exempt from the state sales tax.

Depending on the location, local governments may also impose additional sales taxes on certain purchases.

Mississippi

Mississippi residents can take advantage of a tax-free holiday typically held in late July or early August. During this time, the following items are eligible for exemption from the state’s 7% sales tax:

– Clothing and footwear items priced at $100 or less per item

– Certain school supplies, including backpacks, priced at $100 or less per item

It’s important to note that certain items, such as jewelry, handbags, and sporting equipment, are not eligible for exemption during

Mississippi’s tax-free holiday.

Mississippi’s state sales tax rate is 7%, which applies to most retail sales of tangible personal property and certain taxable services. Certain items, such as groceries and prescription drugs, are exempt from the state sales tax, while some cities and counties may impose additional sales taxes on certain purchases.

Conclusion

Understanding state-specific tax-free holidays and sales tax rates is essential for budget-conscious shoppers. By knowing which items are eligible for exemption and when these tax-free events take place, residents of

Massachusetts and

Mississippi can save money on necessary purchases.

And when shopping outside of these tax-free windows, it’s important to be aware of the state sales tax rate and any items that may be exempt from it.

Missouri

Missouri’s tax-free holiday usually takes place in early August and allows consumers to make certain purchases without paying the state’s sales tax, which is currently 4.225%. The following items are typically eligible for exemption:

– Clothing items priced at $100 or less per item

– School supplies, including textbooks, computers, and software, priced at $50 or less per purchase

– Certain computer software and accessories priced at $350 or less per item

It’s important to note that certain items like sports equipment and cell phone accessories are not eligible for exemption during

Missouri’s tax-free holiday.

Missouri’s state sales tax rate is 4.225%, which applies to most retail sales of tangible personal property and some services. However, certain items like groceries, prescription drugs, and medical equipment are exempt from the state sales tax.

Local governments in

Missouri may also impose additional sales taxes on certain purchases.

Nevada

Unlike most states,

Nevada does not offer a tax-free holiday for certain purchases. However, the state does have a sales tax rate of 6.85%, which is applied to most retail sales of tangible personal property and certain taxable services.

Certain items, such as prescription drugs, groceries, and medical equipment, may be exempt from the state sales tax. It’s important to note that certain counties in

Nevada may impose additional sales taxes on certain purchases.

For example, Clark County, which includes Las Vegas, has an additional sales tax rate of 1.15%, bringing the total sales tax rate in the county to 8.00%.

Nevada also has a use tax, which applies to items purchased out of state for use in

Nevada. The use tax rate is equivalent to the state sales tax rate of 6.85%.

Conclusion

Knowing which states offer tax-free holidays and the rules surrounding eligibility can help shoppers save money on necessary purchases. Even if a state does not offer tax-free holidays, understanding the state sales tax rate and any items that may be exempt from the tax can help shoppers make informed purchase decisions.

Whether you’re shopping in

Missouri or

Nevada, being aware of state-specific tax laws can help stretch your budget further.

New Mexico

New Mexico’s tax-free holiday typically occurs during the first weekend in August, allowing residents to purchase certain items without paying the state’s 5.125% sales tax. The following items are typically eligible for exemption:

– Clothing and footwear items priced at less than $100 per item

– Certain school supplies, including notebooks and pencils, priced at less than $30 per item

– Computers and tablets priced at $1,000 or less per item

– Computer hardware priced at $500 or less per item

It’s important to note that certain items, such as sporting equipment and jewelry, are not eligible for exemption during

New Mexico’s tax-free holiday.

New Mexico’s state sales tax rate is currently 5.125%. This tax is applied to most retail sales of tangible personal property and some services, though certain items like groceries, prescription drugs, and medical equipment may be exempt from the state sales tax.

Depending on the city or county, additional local sales taxes may also apply.

Ohio

Ohio typically holds a tax-free weekend during the first weekend in August. During this period, the following items are

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