I wanted to remind everyone that August 3-5, 2012 is Tennessee’s Tax Holiday Weekend! What does that mean?
The State of Tennessee’s Annual Sales Tax Holiday is held every year on the first Friday in August and ends the following Sunday night. This year’s tax-free holiday weekend begins at 12:01 a.m on Friday, August 3 and ends Sunday, August 5 at 11:59 p.m.
What is Tax Free?
- Clothing that is $100 or less per item (It does not include accessories such as jewelry or bags or sports and recreational equipment like baseball gloves
- School Supplies $100 or less per item School supplies are defined as items used by a student in a course of study. Specifically excluded are items such as instructional material, including reference books and school computer supplies (compact discs, printers, and printer ink).
- Computers $1,500 or less For purposes of this exemption, a computer is defined as a central processing unit (CPU), along with various other components including monitor, keyboard, mouse, cables to connect components, and preloaded software. While the CPU may be purchased separately, other items
must be part of a bundled computer package in order to be eligible. Software beyond what is preloaded with the computer package is not exempt from tax.
So, anyone have big plans to finish up back to school shopping next weekend? Do you have a strategy. I am interested to hear from those who have been shopping this weekend before, was it super busy?
You can check out all my back to school shopping tips here.