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8 states have sales tax holidays coming up. When is yours?
发布日期:2024-12-23 20:55:08
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Eight states – Iowa, Missouri, New Mexico, Oklahoma, South Carolina, Virginia, Arkansas and West Virginia – are next up to offer you a tax break if you're shopping for school supplies, starting Friday and through the weekend.

Sales-tax holidays for two states – Ohio and Florida – started recently and continue through Aug. 8 and Aug. 11, respectively.

School kids may groan, but it's already that time of year for back-to-school shopping. Several states are once again offering sales-tax holidays to help families save on school supplies.

At least 17 states are offering a weekend or a time period where items related to school, like clothing, shoes, electronics and supplies are tax-free, according to the Federation of Tax Administrators. Two states – Ohio and Massachusetts – have expanded tax-free holidays that go beyond school-related purchases.

Each state sets its own dates which are generally in July or August.

What states have sales-tax holidays now?

The next sales tax holidays that start Friday and Saturday and last through the weekend are:

New Jersey no longer has a tax-free holiday for school supplies. Legislation earlier this year repealed it.

Families have already begun back-to-school shopping

As of early July, more than half, or 55%, of back-to-school and college shoppers had already begun to buy items for the school year, according to the National Retail Federation and Prosper Insights & Analytics' annual survey.

“Families and students are eager to get a jumpstart on their shopping for the start of the school year,'' Katherine Cullen, National Retail Federation (NRF) Vice President of Industry and Consumer Insights, said in a press release. "Retailers have anticipated this early demand and are well-positioned to offer a variety of products at competitive prices.”

Families with children in elementary through high school plan to spend an average of $874.68 on clothing, shoes, electronics and school supplies, according to the NRF. That's $15 less than last year's record of $890.07, but is the second-highest amount in the survey's history.

Total back-to-school spending is expected to reach $38.8 billion, also the second-highest on record after last year's high of $41.5 billion, the NRF said.

The most popular destinations for back-to-school shopping are online (57%), department stores (50%), discount stores (47%), clothing stores (42%) and electronic stores (23%).

College students and their families are expected to spend more. On average, they will spend $1,364.75, about the same as last year's $1,366.95. Total college back-to-school spending is expected to reach $86.6 billion, the second-highest after last year's $94 billion.

Consumers remain inflation wary while school-supply shopping

Consumers are feeling negative about the U.S. economy and are inflation weary, according to a new back-to-school study by Ankura Consulting, that showed 51% of respondents had those feelings.

Nearly 75% of shoppers said credit card and personal debt will influence their back-to-school shopping budget.

And consumers are weighing other parts of their budget: nearly 50% of back-to-school shoppers have experienced a significant increase in the cost of their car insurance, while 36% are seeing an increase in their home insurance and 32% have seen a rise in their health insurance. Those cost-of-living expenses eat into their disposable spending, Ankura said.

Does my state have a school supply sales tax holiday?

Here is a list of participating states and what's tax free, according to the Federation of Tax Administrators. Rules and dates vary by state so check the state’s website for the most updated information. In some instances, local taxes may also still apply. 

If a dollar amount is not listed, the state did not appear to indicate a spending limit on that item. A link to most states' details of their holiday are hyperlinked to the name of each state. Generally most purchases online also qualify for the sales-tax holiday, but check your state's requirements.

Alabama

July 19-21

What's tax-free:

Arkansas

Aug. 3-4

What's tax-free:

Connecticut

Aug. 18-24

What's tax-free:

Florida

July 29-Aug. 11

What's tax-free:

Iowa

Aug. 2-3

What's tax-free:

Maryland

Aug. 11-17

What's tax-free:

Massachusetts

Aug 10-11

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Mississippi

July 12-14 (A Senate bill changed the holiday from the last Friday and Saturday in July to the second Friday and Saturday and extended it through Sunday).

What's tax-free:

Missouri

Aug. 2-4

What's tax-free:

New Mexico

Aug. 2-4

What's tax-free:

Ohio

July 30-Aug. 8

What's tax-free:

Oklahoma

Aug. 2-4

What's tax-free:

South Carolina

Aug. 2-4

What's tax-free:

Tennessee

July 26-28

What's tax-free:

Texas

Aug. 9-11

What's tax-free:

Virginia

Aug. 2-4

What's tax-free:

West Virginia

Aug. 2-5

What's tax-free:

Betty Lin-Fisher is a consumer reporter for USA TODAY. Reach her at [email protected] or follow her on X, Facebook or Instagram @blinfisher. Sign up for our free The Daily Money newsletter, which will include consumer news on Fridays,here.

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