Ready to save some money on your kids' clothing and school supplies, just in time for the back-to-school season? If you live in or near the state of Tennessee, you're in luck. Why? Because Tennessee is offering it's annual tax free weekend again this year. The event is taking place in July and can help you save quite a bit of money on your kids' back-to-school shopping needs.
Tennessee's Tax Free Weekend Event
Tennessee's Tax Free Weekend will take place from July 28-30, 2017.
The event applies to the following types of merchandise:
- Clothing under $100
- School and art supplies under $100
- Computers under $1,500
Be a Smart Shopper During Tennessee's Tax Free Weekend
The whole idea behind Tennessee's tax free weekend is to help families save money on expenses while also stimulating the local economy. In other words, it's designed a win-win. And, if you're smart about it, you can really maximize your savings. The following tips will help:
Shop around at different stores, in person and online, to find out which stores have the best prices on the items you're looking to purchase.
Maximize your savings with coupons, where possible.
Avoid the temptation to purchase items you won't really need just because of Tennessee's tax free weekend.
Keep in mind that Tennessee's regular sales tax is 7%, so that's all you're saving (in addition to any applicable local sales tax).
You might be able to save even more money by comparing prices and using coupons, either before or after the tax free weekend takes place.
Remember that the Tennessee sales tax holiday only applies to specific items. For example, belts are tax-free, but belt buckles are still taxed during Tennessee's tax free weekend.
Most sporting goods are not tax-exempt during the sales tax holiday, including cleats, football pads, and protective helmets.
Be sure to read the fine print on the state's Sales Tax Holiday web page before you start shopping.