Tax holidays offer consumers the ability to purchase select items without any sales tax added to the final price.
States offer various tax holidays throughout the year to give consumers relief when purchasing certain items, like school supplies ahead of a new school year. Here are tax holidays currently going on in four different states.
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Connecticut – clothing
In Connecticut, a tax holiday for “retail purchases of most clothing and footwear items priced under $100” is ongoing through Aug. 26. Gov. Ned Lamont (D-CT) says the tax-free event, which began on Aug. 20, comes at the right time, as families are doing back to school shopping.
“This tax-free holiday is scheduled at the perfect time to help families stretch their dollars during the back-to-school season while also giving businesses an extra boost to their bottom line,” Lamont said in a statement.
Florida – disaster preparedness
From now until Sept. 8, 2023, in Florida, there will be no sales tax on eligible items for disaster preparedness as hurricane season begins to heat up.
The price limits for tax-exempt items depend on the item but include $70 or less for smoke detectors or fire extinguishers, $50 or less for portable radios and batteries, and $40 or less for self-powered light sources, among other items. More information on the disaster preparedness tax holiday can be found on the state’s website.
Florida – “freedom summer”
Also, in Florida, from now until Sept. 4, sales tax will not apply to boating and water activity supplies, camping supplies, fishing supplies, general outdoor supplies, pool supplies, children’s athletic equipment, and children’s toys. The exemptions also include admissions to music events, sporting events, cultural events, state park annual passes, and fitness facilities.
The exemption for non-admissions only applies to items of certain price ranges. Further information on what specifically qualifies for the sales tax holiday can be found on the state’s website.
New Jersey – school supplies
The Garden State is waiving sales tax on school supplies, eligible art supplies, and computers under $3,000. The tax holiday goes from now until Sept. 4.
More information on a comprehensive list of eligible items for the tax holiday can be found on the state’s website.
Tennessee – food
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In Tennessee, food and food ingredients are exempt from sales tax from now until Oct. 31.
The tax holiday does not include “alcoholic beverages, tobacco, candy, dietary supplements, and prepared food,” along with food from “a micro market or vending machine.” Further information on the tax holiday can be found on the state’s website.
