Taxes are one of life's great certainties, unless it's Tennessee's annual state-wide sales tax holiday.
Tennessee's tax holiday is a glorious three-day period (held annually on the first weekend in August) where our 9.25 percent state sales tax isn't applied to a bunch of practical, back-to-school type items.
Let's go over the rules of what you can (and can't) get tax-free:
- Clothing: All clothing items that are $100 or less are tax-free. This includes socks, underwear, hats and shoes.
- School and art supplies: Go crazy at the Office Depot, because all basic school supplies (paper, pens, markers, notebooks, etc.) and art supplies are tax-exempt.
- Computers: Computers and tablets that cost less than $1500 are tax-free. However, you still have to pay taxes on printers, computer parts, e-readers and video game consoles.
If you don't want to wait until next weekend, head across the state line for Mississippi's annual tax-free weekend, which starts on Friday (July 26th – 27th). The rules are a little different across the border, though. The only things that are tax-free are clothing items "meant to be worn next to the body and cost less than $100 per item".