I received an informative message from BargainJill.com about a tax-free weekend in August that will happen in 13 states. During the month of August, Alabama, Arkansas, Connecticut, Florida, Iowa, Louisiana, Maryland, Mississippi, Missouri, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia are offering a tax-free weekend on clothing and/or school supplies. For more details, see the table below and click on the link for the specific rules.
Note: Some states impose maximum allowance per item on certain type of products. In these cases, the number is included in the parenthesis next to the item. Be sure to check your State’s information page for more details.
2011 Sales Tax Holiday Calendar by State
|State||Items and (Maximum Cost per Item)||2011 Dates||More Information|
|Alabama||books ($30), clothing ($100), computers ($750), and school supplies ($50)||Aug. 5-7||revenue.alabama.gov|
|Arkansas||clothing and footwear ($100), clothing accessories ($50), school supplies, art supplies, and school instructional material||Aug. 6-7||www.dfa.arkansas.gov|
|Connecticut||clothing and footwear ($300)||Aug. 21-27||www.ct.gov|
|Florida||books, clothing ($75), and school supplies ($15)||Aug. 12-14||dor.myflorida.com|
|Iowa||clothing ($100)||Aug. 5-6||www.iowa.gov|
|Louisiana||most items ($2,500)||Aug. 5-6||revenue.louisiana.gov|
|Maryland||clothing and footwear ($100)||Aug. 14-20||www.marylandtaxes.com|
|Missouri||clothing ($100), computers ($3,500), and school supplies ($50)||Aug. 5-7||dor.mo.gov|
|New Mexico||clothing ($100), computers ($1,000), and school supplies ($15)||Aug. 5-7||www.tax.newmexico.gov|
|North Carolina||clothing ($100), computers ($3,500), computer supplies ($250), school supplies ($100), instructional material ($300), and sports equip ($50)||Aug. 5-7||www.dornc.com|
|Oklahoma||clothing ($100)||Aug. 5-7||www.tax.ok.gov|
|South Carolina||clothing, computers, school supplies, and others||Aug. 5-7||www.sctax.org|
|Tennessee||clothing ($100), computers ($1,500), and school supplies ($100)||Aug. 5-7||tn.gov|
|Texas||clothing, backpacks, and school supplies ($100)||Aug. 19-21||www.window.state.tx.us|
|Virginia||clothing ($100) and school supplies ($20)||Aug. 5-7||www.tax.virginia.gov|
More Ways to Save
If your State does not offer a Sales Tax Holiday, do not worry…here are some more ways to save.
Cash Back Reward Credit Card
If you always pay off your credit card in full, a good way to get a few more dollars out of the deal is to use a cash back credit card for your back-to-school purchases. The average reward is currently 1%; however, you can save 5% if you shop at Target with their REDcard.
Many retailers are currently advertising back-to-school specials (see our back-to-school promotions page). These sales are typically 10-20% off the retail price and can save you significant money. Here are some popular retailers that participate in back-to-school sales:
Pinyo is the owner of Moolanomy Personal Finance and a Realtor® licensed in Virginia and Maryland. Over the past 20 years, Pinyo has enjoyed a diverse career as an investor, entrepreneur, business executive, educator, financial literacy author, and Realtor®.