Back-to-school shopping may be exciting for the kids who'll get new gear, but less so for the parents who have to pay for it all.
The National Retail Federation estimates that the average household with kids in elementary through high school is expected to spend about $789.49 on clothing, electronics and school supplies in 2020 -- an increase of nearly $100 over last year, thanks to additional expenses for at-home learning this year.
Some shoppers will be able to find a little financial relief this summer as 15 states have tax-free holidays coming up in July and August, saving consumers from paying sales tax on certain school-related items.
Now, you may not save a ton of money by shopping during tax-free holidays. For example, if you bought $500 worth of clothes, shoes and school supplies during Florida's tax-free weekend in a county where the sales tax is 6%, you would save only $30. But what parent wouldn't want to save 30 bucks?
And if you use the tax-free holidays in conjunction with smart budgeting strategies and comparison shopping, you'll save even more on your back-to-school supplies.
Some states' tax-free holidays are held over a weekend, while others are a week long. Each state has different criteria for what merchandise won't be taxed, and many require the purchases to be under a certain price threshold.
And if you live in Alaska, Delaware, Montana, New Hampshire or Oregon, every day is a holiday -- those states don't have a sales tax.
Tax-Free Weekends: When, Where and What
The states that have back-to-school tax-free holidays still coming up this year are Arkansas, Connecticut, Florida, Iowa, Maryland, Massachusetts, Mississippi, Missouri, New Mexico, Ohio, Oklahoma, South Carolina, Tennessee, Texas and Virginia.
Arkansas
When: Aug. 1-2
What is tax-free:
- Clothing and shoes -- less than $100 per item.
- Clothing accessories -- less than $50 per item.
- School supplies -- no price threshold, but must be on a state-approved list.
Connecticut
When: Aug. 16-22
What is tax-free:
- Clothing and shoes -- less than $100 per item.
Florida
When: Aug. 7-9
What is tax-free:
- Computers and certain electronics -- $1,000 or less per item.
- Clothing, accessories and shoes -- $60 or less per item.
- School supplies -- $15 or less per item.
Iowa
When: Aug. 7-8
What is tax-free:
- Clothing and shoes -- less than $100 per item.
Maryland
When: Aug. 9-15
What is tax-free:
- Clothing and shoes -- $100 or less per item.
- Bookbags/backpacks -- the first $40 is tax-free.
Massachusetts
When: Aug. 29-30
What is tax-free:
- Most consumer products -- $2,500 or less per item.
- Clothing -- Massachusetts does not charge any sales tax on clothes under $175 year round.
Mississippi
When: July 31-Aug. 1
What is tax-free:
- Clothing, shoes and school supplies -- less than $100 per item.
Missouri
When: Aug. 7-9
What is tax-free:
- Clothing, shoes and disposable diapers -- $100 or less per item.
- School supplies -- $50 or less per purchase (exception: graphing calculators must be $150 or less).
- Computers and related equipment -- $1,500 or less per item.
- Computer software -- $350 or less.
New Mexico
When: Aug. 7-9
What is tax-free:
- Clothing, accessories and shoes -- less than $100 per item.
- School supplies -- less than $30 per item (exceptions: backpacks, maps and globes must be under $100 and calculators must be under $200).
- Computers -- $1,000 or less per item.
- Computer hardware -- $500 or less per item.
Ohio
When: Aug. 7-9
What is tax-free:
- Clothing -- $75 or less per item.
- School supplies -- $20 or less per item.
- School instructional materials -- $20 or less per item.
Oklahoma
When: Aug. 7-9
What is tax-free:
- Clothing and shoes -- less than $100 per item.
South Carolina
When: Aug. 7-9
What is tax-free:
- Clothing, accessories and shoes -- no price threshold.
- School supplies -- no price threshold.
- Computers and related equipment -- no price threshold.
- Bedding, pillows, bath towels, wash cloths and shower curtains -- no price threshold.
- Books and musical instruments -- no price threshold (if they are for school assignments).
Tennessee
When: July 31-Aug. 2
What is tax-free:
- Clothing and shoes -- $200 or less per item.
- School supplies -- $200 or less per item.
- Computers -- $3,000 or less per item.
Bonus: The Tennessee General Assembly approved a second tax holiday in 2020 for sales of restaurant food and drinks, to take place Aug. 7-9.
Texas
When: Aug. 7-9
What is tax-free:
- Clothing and shoes -- less than $100 per item.
- School supplies -- less than $100 per item.
Virginia
When: Aug. 7-9
What is tax-free:
- Clothing and shoes -- $100 or less per item.
- School supplies -- $20 or less per item.
This story was originally published by The Penny Hoarder
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