If you’re in a state that has a tax-free weekend each year, now’s the time to be on the lookout for both the date and the types of savings you can enjoy. For parents, it’s the perfect opportunity to save some cash on school supplies (it all adds up!), and for teachers, it could even be a chance to make a bigger purchase at a discount.
Does your state participate?
2023 was the biggest year to date for tax-free weekends. The states that participated in tax-free weekends last year were: Alabama, Arkansas, Connecticut, Florida, Iowa, Maryland, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.
Click on your state within this list from the FTA for the most up-to-date information about their anticipated date for 2024.
How to make the most of a tax-free holiday
If you live in a participating state, you can save considerably, depending on what you’re hoping to buy. Some states, like Connecticut, limit the savings to specific items like footwear and clothing. In others, like Massachusetts, the tax-free weekend might be the perfect time to make a larger purchase like a printer for your home, since most purchases under $2,500 are eligible there.
Just be sure to read the fine print—many of these states do specify that school supplies are eligible, but not all. Also keep in mind that you don’t have to live in a state to take advantage of sales. If you happen to border a tax-free-weekend state, you can enjoy the savings in both states.
Where can I shop?
Most large retailers will also be participating, which means you can shop online tax free if you live in a state with a tax-free weekend. Not only will you have the convenience of shopping your supply lists from trusted retailers including Target, Walmart, and more, right from your phone—you’ll save money!
[…] your state is holding a tax-free holiday this summer, you might want to hold off on buying big-ticket items like electronics or furniture […]