Tennessee sales tax holiday this weekend
Tennessee’s tax free weekend comes earlier this year, anticipating the coming start of school.
“The sales tax holiday for back-to-school items is a way to put more money back into the pockets of Tennesseans” Governor Bill Haslam states.
Many parents and children use the weekend to purchase school supplies. Backpacks, paper, pencils, books and binders are just some of the school supplies that can be bought with a tax-exempt benefit.
The school products must fall below $100 in order to be eligible for Tax Free Weekend. The supplies, however, can only be bought for school purposes. This means that items bought for business or trade use are still taxable.
College students are also benefiting. Laptops, as well as tablets, under $1,500 are tax-free.
Clothing and shoes under $100 are also tax-free this weekend. Whether you are buying back-to-school clothing, or just need a new pair of jeans, they are free of tax as well.
Jewelry, handbags, and watches will still have a tax. So, unfortunately that Coach purse you’ve been wanting won’t be tax-free.
It is important to be sure to look into the grey areas of Tax Free Weekend. Many people go shopping for items that are not included in the tax-free weekend list.
For athletes looking for deals on new soccer cleats, they are not covered in the tax-free list. According to the Tennessee Department of Revenue, items such as sports and recreational equipment are still taxable.
Cell phones, cosmetics, and video game consoles are more items not included in the tax break either.
Tax Free Weekend begins at 12:01 a.m. on Friday and concludes at 11:59 p.m. on Sunday.
To find out more information about Tax Free Weekend in Tennessee, with a complete list of items with and without a tax, go to tntaxholiday.com.