Memphis, Tenn. — Schools are getting ready to open their doors and parents and students are looking for the best supplies and nicest clothes to ensure success in and out of the classroom.
Whether in Tennessee, Mississippi or Arkansas, FOX13 has compiled a full list of savings across the Mid-South to ensure a smooth start to the semester.
What’s tax exempt in Tennessee?
Tennessee’s traditional sales tax holiday on clothing, school supplies and computers begins at 12:01 a.m. July 30 and runs until 11:59 p.m. on Sunday, August 1.
All clothing and school and art supplies under $100 per item are exempt from tax.
Those school supplies include almost everything a student might need in the classroom, including backpacks, binders, books, crayons, pens, pencils, rulers, paints, glue and paintbrushes.
Shoppers will get a break on some big ticket items like computers and tablets, not paying tax on any computers which cost $1,500 or less.
What will I still have to pay taxes on in Tennessee?
Any school supply item or piece of clothing that costs over $100 will still include taxes. Clothing apparel which come in pairs, such as shoes, can not be split up to stay beneath the $100 limit.
Also, shoppers will still have to pay taxes on items such as jewelry, handbags or sports and recreational equipment.
Likewise, school supply items which are normally sold together can not be split up to get under that $100 maximum.
Any storage media such as flash drives and compact discs, individually purchased software, printer supplies and household appliances will also still include tax.
For more info on Tennessee’s sales tax holiday, click here.
What’s tax exempt in Mississippi?
Mississippi’s sales tax holiday kicks off at 12:01 a.m. Friday, July 30 and ends at midnight Saturday, July 31.
In Mississippi, school supplies which cost $100 or less, such as backpacks, binders, chalk, calculators, crayons, dictionaries, dividers, erasers, glue, highlighters, notebooks, lunch boxes, paintbrushes, pens and pencils, rulers, scissors, water colors and writing tables, will be free of tax.
Clothing items which cost $100 or less will also be tax exempt.
It’s important to note that the tax exemption is based on the individual price of the item, not the total cost of the purchase.
For instance, if two shirts are bought at $50 apiece, along with a $75 pair of jeans and a $120 pair of shoes, only the shoes will include tax.
If an item is on sale, that sale price counts towards the sales tax holiday. So, if a pair of jeans is $120 but are on sale at 50 percent off and costs 60, those pants will not be taxed.
What will I still have to pay taxes on in Mississippi?
Any school supply or clothing apparel which costs over $100 will still include tax.
Also, if an eligible item and a non-eligible item are sold together as a unit, whether or not tax is included will be based on the price of the more expensive item.
For instance, if a $50 taxable item is sold as a unit along with a $30 non-taxable item, tax will still be included on the entire purchase as it is sold as a single unit.
“Buy one get one free” sales will also still include tax if the item(s) exceeds the $100 threshold. So, if jeans are on sale and one pair cost $120, that pair will be taxed while the $60, half off, pair will not be taxed.
Coupons, discounts and rebates used on items could also still be taxed.
Coupons can be offered on any item, over or under the $100 limit, but if an item originally cost over $100, that item will still be taxed even if the discount puts it under that $100 threshold.
For a full list of exempt and non-exempt items in Mississippi, click here.
What’s tax exempt in Arkansas?
Arkansas’ sales tax holiday stats at 12:01 a.m. on Saturday August 7 and ends at 11:59 p.m. on Sunday August 8.
Most items of clothing that cost less than $100 per item will be tax free.
Some noticeable items in this list include diapers, baby blankets, shoes, aprons and gloves and neckties.
Accessories or equipment that cost less than $50 will also be tax free.
That includes items such as briefcases, cosmetics, handbags, jewelry, non-prescription sunglasses, watches, wallets and wigs.
Shoppers will also get a break on electronic items such as computers and computer equipment, calculators, cell phones, printers and tablets.
As far as school supplies, a wide range of items will be free of tax.
Some of those items include book bags, binders, chalk, composition books, crayons, erasers, folders, glue, highlighters, index cards, lunch boxes, markers, pencil boxes and pencil sharpeners, paper, pencils, pens, paper, pencils, pens, protractors, rulers, scissors and writing tablets.
Art supplies, textbooks and workbooks are also tax exempt in Arkansas during the sales tax holiday.
What will I still have to pay taxes on in Arkansas?
Sewing equipment and supplies as well as protective equipment and sport or recreational equipment will still be taxed in Arkansas.
This includes a long list of items, but some noticeable things that will still be taxed are scissors, tape measures, yarn, breathing masks, safety glasses or goggles, tool belts, ballet and tap shoes, sports gloves, mouth guards, shin guards and shoulder pads.
For more information about what will and won’t be taxed in the Natural State, click here.
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