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What You Need to Know to Save Big on Tax Free Weekend August 17-19 [POLL]

Benjamin Franklin once said, “The only things certain in life are death and taxes.” Well, kinda… because Tax Free Weekend in Texas is almost here!

Next weekend, August 17, 18 and 19 is the Texas Annual Sales Tax Holiday! Oh, the list is long of items you can save on. The law exempts “most” clothing, footwear and school supplies that are $100 or less. Lay-away plans can be used where available.

There is a lot of fine print on this, which of course doesn’t surprise me because, it is a government thing! An example from Susan Combs, Texas Comptroller of Public Accounts, website states:

The exemption applies to each eligible item that sells for less than $100, regardless of how many items are sold on the same invoice to a customer. For example, if a customer purchases two shirts for $80 each, then both items qualify for the exemption, even though the customer’s total purchase price ($160) exceeds $99.99.

The exemption does not apply to the first $99.99 of an otherwise eligible item that sells for more than $99.99. For example, if a customer purchases a pair of pants that costs $110, then sales tax is due on the entire $110.

Some stores will have a list available of items that are tax free, but it can get overwhelming! Here are some links to get you familiar with what items will still be taxed and items that you can save on! Happy Shopping!

On the lists below, remember “T” is taxable, “E” is exempt!

List of Exempt and Taxable items on Clothing/Footwear/Other Items

List of Qualifying School Supplies

You can also print the entire list easily here.

via Sales Tax Holiday (98-490).

 

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