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School on the Calendar? Tax-Free Weekend Starts Friday PDF Print
Written by Steve Frank   
Sunday, 01 August 2010 11:09

With August, the attention of many families turn to school—11 days away for  most high country students, with orientation starting tomorrow in Watauga and Wednesday for Ashe.  But you might want to wait a few days before gathering all those school supplies and the back-to-school wardrobe, as Friday starts the tax-free weekend for many of those items in North Carolina.  The reprieve from taxes isn't just for clothes and footwear.

It's also a chance to save some bucks on school supplies, school instructional equipment, computers and related supplies, and sports and recreation equipment.  While the tax holiday comes during back-to-school shopping season when families are looking for deals on crayons, notebook paper and No. 2 pencils, there are savings to be had for people of all ages, from adult diapers to legal pads to boxing gloves. The one category of merchandise that has appeal for everyone, though, is clothing, and retailers will be pulling out the stops to lure shoppers into their stores.  With some strategic planning, consumers can maximize their savings by combining sales, promotions and the absence of taxes to buy more for less.  Tax free weekend is August 6th through 8th, and a list of what is tax free and any limits is at:  http://www.dornc.com/taxes/sales/salestax_holiday.html
WHAT'S TAX-FREE NEXT WEEKEND?
The 10th annual North Carolina sales tax holiday begins at 12:01 a.m. Friday and ends at 11:59 p.m. Aug. 8. Items exempt from state taxes during that time include (but are not limited to):

• Clothing and footwear costing $100 or less per item. Examples: Aprons, athletic supporters, baby receiving blankets, bathing suits, boots, coats, costumes (but not masks sold separately), diapers, formal wear (not rentals), neckties, shoes, socks, underwear, uniforms, wedding apparel.

• Sports or recreational equipment costing $50 or less per item. Examples: Ballet shoes, cleats, elbow guards, gloves for sports, goggles, helmets, life preservers, roller skates, ski boots, waders and wetsuits.

• Computers costing $3,500 or less per item. Example: Computers sold as a package, for example, with monitor, keyboard and speakers are tax free, but the monitor, keyboard or speakers bought separately are subject to tax.

• Computer supplies costing $250 or less per item. Examples: Disks, hard drives, printers, printer ink and supplies, hand-held computing devices that are not also telephones — so an iPod Touch would be tax-free, but an iPhone would not be.

• School supplies costing $100 or less per item. Examples: Art supplies (with some exceptions), binders, book bags, calculators, cellophane tape, crayons, folders, glue, lunch boxes, markers, notebooks, paper, pencils, pens, scissors.

• School instructional materials costing $300 or less per item. Examples: Reference books, maps and globes; textbooks; workbooks

 

  
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