Back to School- Tax Free Weekend!

 

 “back-to-school”

Commentary by Michelle McBride

Though you wouldn’t know it from the heat, summer in Texas is almost over.  For kids, parents and teachers, this translates to “back-to-school” time complete with shopping sprees for school supplies and clothing--a burden on wallets. To help with budgeting shoppers, many retailers in Texas will be offering a tax free holiday this weekend August 7-9, 2015.  As with previous years, this will include most clothing, footwear, school supplies and backpacks priced under $100.

The Christian Science Monitor noted, as a reminder, that Texas excludes clothing and footwear designed primarily for athletic use, but makes a nice distinction between athletic apparel and stuff that's more equipment than apparel. For example, a football jersey would be tax-free, but football pads and pants are not. Running shoes are tax-free, but track shoes and cleats are not.

Dates for sales tax holidays are set by the legislature and could mean savings of about $8.00 on every $100.00 spent. It is also good to note that Tax free will apply to layaway items if you place your items on layaway during the holiday or make the final payment during the holiday. The tax free sales can be combined with extra deals, both in stores and online, and some stores may even flex their hours, opening earlier or closing later.
For more information and a full list of exemptions please visit http://comptroller.texas.gov/taxinfo/taxpubs/taxholiday/d/