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July 17, 2014

2014 Tennessee Sales Tax Holiday Weekend

The 8th Annual Tennessee Sales Tax Holiday Weekend is August 1-3, 2014.

What is considered tax-free?

Clothing priced $100 or less per item. Any clothing purchased for use by a trade or business, as well as accessories such as jewelry, bags, or sports and recreational equipment are not tax-exempt.

School supplies priced $100 or less per item. Any school supplies purchased for use by a trade or business are not exempt from tax. School supplies do not include instructional materials, reference books, or computer supplies such as printers, printer ink, etc.

School art supplies priced $100 or less per item. There is no requirement that purchases be made only for students. If an item is tax-exempt, anyone may make the purchase tax-free.

Computers $1,500 or less, not for use in a trade or business (includes laptops and tablets). Computer items like monitors, keyboards, speakers, etc. are not included. A full list of items can be viewed here.

For more information, go to http://www.tn.gov/revenue/salestaxholiday/.

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