1 in 3 US States Declare Tax-Free Weekends

By: James Flippin · July 25, 2023 · Reading Time: 3 minutes

Summer’s Sizzling Sales

This summer brings a hot opportunity for back-to-school shopping with more than a dozen states set to temporarily reduce or eliminate sales tax on select items, such as clothing, school supplies and electronics in the coming months.

This week, Florida is cutting taxes on educational aids, clothing, footwear, and the first $1,500 spent on laptops. Meanwhile, Massachusetts will allow even more leeway on big-ticket purchases, exempting all retail items priced up to $2,500 from sales tax.

Back-to-School Tax Holidays

The terms of these tax-free windows, commonly referred to as sales tax holidays, vary state by state, with some states offering the benefit for a single weekend and others extending it for longer periods. Below is a preview of the states offering sales tax holidays for back-to-school shopping this summer:

State 2023 Dates
Arkansas Aug. 5-6
Connecticut Aug. 20-26
Florida July 24 – Aug. 6
Iowa Aug. 4-5
Maryland Aug. 13-19
Massachusetts Aug. 12-13
Mississippi July 28-29
Missouri Aug. 4-6
Nevada Oct. 27-29
New Jersey Aug. 26 – Sep. 4
New Mexico Aug. 4-6
Ohio Aug. 4-6
Oklahoma Aug. 4-6
South Carolina Aug. 4-6
Tennessee July 28-30
Texas Aug. 11-13
West Virginia Aug. 4-7

For detailed information on specific sales tax holiday offerings by state, click here .

Back-to-Savings Tips

The beauty of these back-to-school sales tax holidays is that they benefit every shopper, not just those stocking up for the new school year. And like any good deal, knowing how to maximize these savings is key.

Strategic shopping can go a long way and lead to considerable savings by aligning big-ticket purchases such as laptops and other electronics with these tax-free weekends. It’s important to consider dollar-per-item limits to the tax advantages, which differ from state to state, and double-check that the items in your cart fall under the tax-exempt categories before buying. Finally, don’t forget to check your state for exceptions.

While summer may in fact be the season of vacations, it’s not every weekend that taxes take a holiday. By doing your due diligence, you can prepare to make the most of it — and your purchasing power.

Looking for more stories like this? Check out On the Money — SoFi’s one-stop-shop for news, trends, and tips!

Check it out

Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Advisor
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.

TLS 1.2 Encrypted
Equal Housing Lender