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Attention, Shoppers: 2018 Sales Tax Holidays

By , January 10th, 2018 | No Comments


2018 sales tax holidays -- everything you need to know on the topic appears in this article.Attention, shoppers: 2018 sales tax holiday schedules are out, so start planning your shopping trips accordingly.

Even if your own state isn’t participating in this phenomenon, all of the 14 states (down from 16 last year) that are offering the tax-free windows on more than one day of the year, which might make it easier to travel to one of the shopping magnets.

Note that the sales tax holidays don’t include all types of products, and a number of states also have caps on the amount you can buy tax free — in some cases there are multiple caps for different product categories.

Plan Ahead

It’s a good idea to find out when your state’s tax holidays occur so you can plan your shopping trips accordingly. As soon as you know when the next tax holiday near you is coming up, start looking at ads for your favorite retailers to see whether they’re offering additional promotions.

Also, try to write a shopping list ahead of time so you don’t go overboard during the sales tax holiday — otherwise you effectively wipe out any savings you would have incurred from not having to pay sales tax.

The table below provides a rundown on the sales tax holidays offered in each of the 14 particpating states, including specific terms, types of products included, dates offered this year, and links to the respective state tax authority websites. Some of the states have yet to release official 2018 terms, so their 2017 terms are listed.

2018 Sales Tax Holidays

 

State
Days
 

Items Included
 

Maximum Cost
1stYear
 


Dates
 

Information Links *
Alabama 3 hurricane preparedness
generators – $1,000
supplies – $60
2012 February 23-25 http://www.revenue.alabama.gov/
Alabama 3 clothing – $100
computers – $750
school supplies – $50
books – $30
2006 July 20-22 http://www.revenue.alabama.gov/
Arkansas 2 clothing – $100
school supplies
2011 August 4-5 http://www.dfa.arkansas.gov/
Connecticut
7
clothing and footwear – $100
2001
August 19-25 http://www.ct.gov/drs/
Iowa
2
clothing – $100
2000
August 3-4 https://tax.iowa.gov/
Louisiana
2
hurricane preparedness
supplies – first $1,500
(2% rate reduction)
2008
May 26-27 http://www.revenue.louisiana.gov/
Louisiana
2
Annual Holiday
all TPP – $2,500
2007
August 3-4 http://www.revenue.louisiana.gov/
Louisiana
3
firearms, ammunition and hunting supplies
2009
September 7-9 http://www.revenue.louisiana.gov/
Maryland 3 energy star products 2011 February 17-18 http://www.comp.state.md.us/
Maryland 7 clothing & footwear-$100 2010 August 12-18 http://www.marylandtaxes.com/
Mississippi
2
clothing & footwear – $100
2009
July 27-28 http://www.dor.ms.gov/
Mississippi 3 firearms, ammunition and hunting supplies 2014 August 25-27 http://www.dor.ms.gov/
Missouri 7 energy star products – $1,500 2009 April 19-25 http://dor.mo.gov/
Missouri 3 clothing – $100
computers – $1,500
school supplies – $50
2004 August 3-5 http://dor.mo.gov/
New Mexico 3 clothing – $100
computers – $1,000
computer equip. – $500
school supplies – $30
2005 August 3-5 http://www.tax.newmexico.gov
Oklahoma
3
clothing – $100
2007
August 3-5 http://www.tax.ok.gov/
South Carolina
3
clothing
school supplies
computers
other
2000
August 3-5 http://www.sctax.org/
Tennessee
3
clothing – $100
school supplies – $100
computers – $1,500
2006
July 27-29 http://tn.gov/revenue/
Texas
3
generators – $3,000
storm devices – $300
preparedness items – $75
2016
April 28-30 http://comptroller.texas.gov
Texas
3
energy star products
air conditioners – $6,000; other – $2,000
2008
May 26-28 http://comptroller.texas.gov/
Texas
3
clothing, backpacks and school supplies- $100
1999
August 10-12 http://comptroller.texas.gov/
Virginia
3
clothing – $100
school supplies – $20
energy star products – $2,500
hurricane preparedness items – $60
generators – $1,000
2006
August 3-5 http://www.tax.virginia.gov/

(chart updated January 4, 2018)

Help Your Local Economy

Sales tax holidays actually have benefits that go beyond your own pocketbook; the days help stimulate the economy on a local level.¬†Speaking of which, local economic issues can impact the status of different states’ sales tax holidays from one year to the next, so don’t assume that any state offering a tax holiday this year will do so again next year. Five states have gotten rid of their sales tax holidays since the peak participation rate of 19 states in 2010.

On the other hand, there are four states that essentially have year-round sales tax holidays on everything. Alaska, Montana, Nevada and Oregon have no sales tax at all — which is worth keeping in mind if you want to shop tax free but can’t travel on any of the dates that the sales tax hoidays are offered in the 14 states mentioned in this article.

Readers, what kind of bargains have you enjoyed from shopping during a sales tax holiday?

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