Tired of paying too much in taxes? Here’s your chance to make some purchases state-tax-free. 16 states have set up their own “stimulus package” by exempting state tax collection on certain goods during the next few weeks. Here is the schedule for each state:
| State | Date | State Tax Suspended* | What’s Affected** |
|---|---|---|---|
| * State tax only. Local taxes may or may not be waived, depending on location. ** Cost per item, unless otherwise noted. |
|||
| Alabama | Aug. 7-9 | 4% | Books worth $30 or less. School and art supplies worth $50 or less. Clothing worth $100 or less. A single purchase of a computer, software and/or computer accessories worth a combined value of $750 or less. |
| Connecticut | Aug. 16-22 | 6% | Clothing and footwear worth $300 or less. |
| Georgia | July 30 – Aug. 2 | 4% | School supplies worth $20 or less. Clothing and footwear worth $100 or less. A single purchase of a computer, software and/or computer accessories worth a combined value of $1,500 or less. |
| Iowa | Aug. 7-8 | 6% | Clothing worth $100 or less. |
| Louisiana | Aug. 7-8 | 4% | All “tangible personal property” worth $2,500 or less, except vehicles, meals and services. (For more details, click here.) |
| Mississippi | July 31 – Aug. 1 | 7% | Clothing and footwear worth $100 or less. |
| Missouri | Aug. 7-9 | 4.225% | School supplies worth $50 or less. Clothing worth $100 or less. Computer software worth $350 or less. Computers and computer accessories worth $3,500 or less. |
| New Mexico | Aug. 7-9 | 5% | School supplies worth $15 or less. Clothing worth $100 or less. Computer accessories worth $500 or less. Computers worth $1,000 or less. |
| North Carolina | Aug. 7-9 | 4.5% | Sports and recreational equipment worth $50 or less. Clothing and school supplies worth $100 or less. Computer accessories worth $250 or less. Computers worth $3,500 or less. |
| Oklahoma | Aug. 7-9 | 4.5% | Clothing and footwear worth $100 or less. |
| South Carolina | Aug. 7-9 | 6% | Purchases of any price in specific categories, including clothing, footwear, school supplies, computers, software, computer accessories, bed linens, bath towels and pillows, among other items. (For a full list, click here.) |
| Tennessee | Aug. 7-9 | 7% | Clothing and school supplies worth $100 or less. Computers worth $1,500 or less. |
| Texas | Aug. 21-23 | 6.25% | Clothing, footwear and backpacks worth $100 or less. |
| Vermont | Aug. 22 | 6% | All “tangible personal property” worth $2,000 or less, except vehicles, meals and services. (For more details, click here.) |
| Virginia | Aug. 7-9 | 4% | School supplies worth $20 or less. Clothing worth $100 or less. |
| West Virginia | Sept. 1 – Nov. 30 | 6% | Energy Star products worth $5,000 or less. |
Source: Smart Money.
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