Introduction
Tennessee’s tax-free weekend is a much-anticipated event for shoppers in the state. During this weekend, shoppers can make purchases of certain items without having to pay sales tax. It’s a great opportunity to save money, especially on expensive items. However, it’s important to know when the tax-free weekend is scheduled, as well as what items are included.
Don’t Miss Out: A Guide to Tennessee’s Tax-Free Weekend
The idea of tax-free weekend isn’t unique to Tennessee. In fact, states all over the country offer this type of tax break. Tennessee started its tax-free weekend in 2006, making it a relatively new event. During this weekend, certain items are exempted from sales tax.
The items that are exempted from tax during the weekend fall into six categories: clothing (items $100 or less), school supplies (items $100 or less), computers (items $1500 or less), computer equipment (items $1500 or less), footwear (items $100 or less), and clothing accessories (items $100 or less).
It’s important to note that not all items in these categories are eligible for the exemption. Any item designed for general use (such as a baseball glove or a jewelry item) isn’t included. You can check the Tennessee Department of Revenue website for a full list of eligible items.
Mark Your Calendars: Everything You Need to Know About Tennessee’s Tax-Free Weekend
The state of Tennessee schedules its tax-free weekend to coincide with the start of the school year. This makes it a great opportunity for parents to take advantage of the savings on back-to-school items. The dates for the 2021 tax-free weekend are July 30 – August 1. During this time, eligible items can be purchased without paying state or local sales tax.
It’s worth noting that the tax-free shopping applies only to state and local sales taxes. You may still be subject to other taxes, such as city or county taxes.
Savings Galore: How to Take Advantage of Tennessee’s Tax-Free Weekend
Here are some tips on how to make the most of Tennessee’s tax-free weekend:
- Make a list of what you need to buy, and stick to it. This will help you avoid overspending or buying items you don’t need.
- Take advantage of online shopping options. Many retailers offer tax-free shopping online during the weekend, so you can avoid long lines and crowds.
- Compare prices before you buy. Just because an item is eligible for the tax-free exemption doesn’t mean it’s the best deal available.
- Shop early to avoid missing out on popular items or waiting in long lines.
- Don’t forget about retailers that offer additional discounts during tax-free weekend. Some stores offer promotions or clearance sales during the weekend, which can help you save even more.
When it comes to shopping for tax-free items, there are plenty of options in Tennessee. Major retailers like Walmart and Target participate in the tax-free weekend, as do many smaller, locally-owned stores.
Shop Smart: Tips for Maximizing Your Savings During Tennessee’s Tax-Free Weekend
Here are some additional tips for smart tax-free shopping:
- Know your budget before you start shopping, and stick to it.
- Focus on the items that are the most expensive or that are essential for your needs.
- Consider buying multipacks or bundles of items to save even more.
- Don’t forget about gift cards. Buying gift cards during the tax-free weekend can be a smart way to save money, especially if you plan to shop at that retailer in the future.
- Be aware of store policies regarding returns or exchanges. Some stores may not accept returns on tax-free items.
The Scoop on Tennessee’s Tax-Free Weekend: What to Expect and How to Prepare
Shoppers who have participated in Tennessee’s tax-free weekend have plenty to say. Many have reported that the weekend is a great way to save money on back-to-school essentials, as well as on other purchases.
If you plan to shop during the weekend, it’s important to be prepared. Bring along a list of what you need to buy, as well as any coupons or promotions that apply. Wear comfortable shoes and clothing, and be prepared for crowds and long lines.
Conclusion
Tennessee’s tax-free weekend is a great way to save money on essential purchases. Whether you’re shopping for back-to-school items, computers, or clothing, you can take advantage of this tax break to keep more money in your pocket. Just be sure to prepare ahead of time and shop smart to maximize your savings.