Many back-to-school shoppers are days away from the best deals on school supplies courtesy of the annual state sales tax holidays. Consistent with prior years, we’ve compiled a list of states offering sales tax holidays for school supplies. Find out if your state is participating and/or has already released details.
The sales tax holiday limitations
Many states offer a specific tax exemption by product and up to a certain dollar amount. For instance, Texas offers a sales tax holiday for clothing, footwear and school backpacks that are less than $100. This does not include accessories, athletic or protective clothing or rentals. Also, even though state sales tax may be temporarily dropped, local sales tax at the city level may still be in effect.
Consumers should be wary of base price increases
Occasionally, businesses take advantage of consumers by raising prices to a level at or near the price before the sales tax holiday. For instance, rather than passing the sales tax savings onto the customer when a certain item like a back-pack is in high demand, they’ll actually raise prices to the equivalent of what it would have cost if there was not a sales tax holiday.
States 2013 Dates Max. Cost Per School Item
Alabama Aug. 2-4 $50
Arkansas Aug. 3-4 Unlimited
Connecticut Aug. 18-24 $300*
Florida Aug. 2-4 $15
Georgia Aug. 9-10 $20
Iowa Aug. 2-3 $100
Louisiana Aug. 2-3 $2,500
Maryland Aug. 11-17 $100*
Mississippi July 26-27 $100*
Missouri Aug. 2-4 $50
New Mexico Aug. 2-4 $30
North Carolina Aug. 2-4 $100
Oklahoma Aug. 2-4 $100
South Carolina Aug. 2-4 Unlimited
Tennessee Aug. 2-4 $100
Texas Aug. 9-11 $100
Virginia Aug. 2-4 $20
*:These states have provide a sales tax holiday for only clothes and not school specific supplies as compared to the other states listed.
More questions? Browse answers or ask sales tax questions online.
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