Tax Free Weekend Preview
JACKSON, Tenn.- West Tennessee shoppers are counting down the days until the state's annual sales tax holiday weekend set to start the first Friday in August.
"My mom, she told me not to buy any new clothes until next weekend so I'm not aloud to shop for clothes... just decorations," said shopper Heidi Daniel.
The sales tax holiday begins August 2nd at 12:01 a.m and ends Sunday at 11:59 p.m August 4th. During the holiday, Tennesseans can enjoy tax free purchases in three different categories: clothing, school and srt supplies and computers.
The clothing tax Free items include: belts, caps, coats, dresses, gloves, hats, hosiery, jackets, neckties, pants, scarves, school uniforms, shirts, shoes, socks, sneakers and underwear. The items will only be tax free if $100 or less.
The school and art supplies tax free items include:
binders, book bags/ backpacks, calculators, chalk, crayons, erasers, folders, glue, lunch boxes, notebooks, paper, pens, pencils, rulers, scissors, tape, clay and glazes, paints, paintbrushes, sketch and drawing pads and watercolors. Again, the items will only be tax free if $100 or less.
Computers tax free items include:
Computers with a purchase price of $1,500 or less, not for use in a trade or business, are exempt from sales tax.
"Saving money is a big deal now because the economy is not doing too well. I'm a single father, so I've got to save as much as I can," said shopper Bobby Lime.
Retailers told WBBJ 7 Eyewitness News that clothing accessories, like sun glasses and jewelry, are not exempt from taxation. Some electronic items purchased individually are also subject to tax. Shoppers said not being prepared and waiting til the last minute to find the right deals can be frustrating.
"Too many people, too much of a rush. It's like Christmas time. Everyone is pushed in. You can't find a parking spot. Then you wait in line for a long time," said Lime.
Tennessee tax free holiday began in 2006. Since then, the Tennessee Department of Revenue reports shoppers have saved $8-10 million dollars in tax savings each holiday.
"To us, it helps a lot. I have two twin sisters and little brother, so to us there are 3 kids we need to shop for. We usually get most of our school clothes that day," said Daniel. "Shop tax free weekend and not this weekend because it's cheaper. You're saving money."
For more information contact the Tennessee Department of Revenue, Online: www.tntaxholiday.com or www.tn.gov/revenue. Telephone: (800) 342-1003.