By ALEXANDER WILLIS
Tennessee’s yearly Sales Tax Holiday is here, where residents can splurge on back to school supplies, electronics and clothing. The tax free weekend began at 12:01 a.m. early Friday morning, and will continue until 11:59 p.m. this Sunday.
Are there limits on what you can purchase though and still pay zero sales tax? Read on as the Home Page breaks down everything you need to know about this tax free weekend.
For starters, not every type of product is exempt from sales tax this weekend. The majority of products exempt from sales tax include computers, back to school and art supplies and clothing. Within these categories, however, the retail price of the item is also important.
All computers purchased this weekend will be exempt from sales tax as long as they’re $1,500 or less, which also includes laptops and devices such as tablets. Shoppers in Williamson County would save $146.25 on a $1,500 computer, or $138.75 if living in the Maury County side of Spring Hill, as the two counties have different sales tax rates.
However, computer parts that are not sold with the computer itself such as monitors and keyboards will still be taxed. A multitude of other electronic items will also still be taxed, including smart phones, video game consoles and printers. For a more comprehensive list of items not exempt from sales tax, click here.
With the 2019 – 20 school year fast approaching, this weekend also makes a great opportunity to stock up on school and art supplies. Regarding school and art supplies, individual items of $100 or less will be exempt from sales tax this weekend. The total cost of purchasing school supplies can still exceed $100 and be exempt from sales tax, shoppers just can’t purchase individual items over $100 and still see the sales tax exemption. Dozens of school and art supply items are included in the sales tax exemption, including lunch boxes, binders and notebooks. For a comprehensive list of items included in the sales tax exemption, click here.
And finally, all clothing items $100 or less will be exempt from sales tax this weekend. Just like school and art supplies, the total cost of a purchase can exceed $100 and still be exempt from sales tax, individual items just cannot exceed the $100 price point. General apparel such as pants, socks, shoes and shirts are all included, with a more comprehensive list of items viewable by clicking here.
There is no measure to take to claim the sales tax exemption, as all items purchased from a Tennessee retailer will automatically be exempt from sales tax until Sunday night. The exemption also does not apply to items purchased for a business, with those purchasers obligated to report the purchase, and pay use tax on the item. For a list of frequently asked questions regarding the tax holiday, click here.