Tax-free Holiday this weekend

by | Aug 10, 2017 | Latest

A variety of school supplies are included for the tax free holiday this weekend. (Courtesy photo)

The start of the 2017-’18 school year is two weeks away and for those who haven’t stocked up on back-to-school essentials, the Tax- Free Holiday is scheduled for Aug. 11-13.

According to information from the Texas Comptrollers website, as in past years, the law exempts most clothing, footwear, school supplies and backpacks priced under $100 for sales and use tax.

This discount could possibly save shoppers about $8 on every $100 spent.

This year, shoppers will save an estimated $92 million in state and local sales taxes during the sales tax holiday. The tax holiday weekend has been an annual event since 1999.

Below is a breakdown of the fine print for the three-day event:

Clothing and footwear

The exemption doesn’t extend to rental of clothing or footwear.

Nor does it apply to alteration (including embroidery) or cleaning services performed on clothes and shoes.

Additionally, tax is due on sales of accessories, including jewelry, handbags, purses, briefcases, luggage, umbrellas, wallets, watches and similar items.

Backpacks

Those items priced under $100 that are sold for use by elementary and secondary students are exempt during the sales tax holiday.

The exemption includes backpacks with wheels, provided they can also be worn on the back like a traditional backpack and messenger bags.

The exemption doesn’t include items that are reasonably defined as luggage, briefcases, athletic-duffle-gym bags, computer bags, purses or framed backpacks.

Ten or fewer backpacks can be purchased tax-free at one time without providing an exemption certificate to the seller.

School supplies

Texas families also get a sales tax break on most school supplies priced at less than $100 purchased for use by a student in an elementary or secondary school.

Layaways

A sale of a qualifying item under a layaway plan qualifies for exemption if the customer places the qualifying merchandise on layaway during the holiday or makes the final payment during the holiday.

Rainchecks

Eligible items that customers purchase during the holiday with use of a rain check qualify for the exemption regardless of when the rain check was issued.

However, issuance of a rain check by a seller during the holiday period will not qualify an eligible item for the exemption if the item is actually purchased after the holiday is over even if the rain check is presented at the time of purchase.

By David Jenkins • Staff Writer • [email protected]

For more stories like this subscribe to our print or e-Edition.

0 Comments

Related News

Three keys to victory: Farmersville vs Van Alstyne

Three keys to victory: Farmersville vs Van Alstyne

Farmersville enters their final pre-district game on a two-game losing streak, losing to Ferris 49-38. Here are three keys to a Farmersville victory over Van Alstyne. Play more disciplined A lack of discipline was a big factor in the Farmersville loss to Ferris. Coach...

read more
Lady Farmers defeat Caddo Mills

Lady Farmers defeat Caddo Mills

Against the second best team in the district, the Lady Farmers defeated Caddo Mills in four sets: 15-25, 25-21, 25-15, 25-21. Thoughts from Coach Harold Davis: "I can't be any happier for my girls right now," Davis said. "They got dominated the first set, yet they...

read more
Governor announced additional agenda items

Governor announced additional agenda items

Gov. Greg Abbott announced additional agenda items to be added to the third called session, which began Monday, Sept. 20. The announcement came Sept. 22 after Abbott submitted a message to the Secretary of the Senate identifying the items. The first additional item is...

read more
Farmers lose to Ferris

Farmers lose to Ferris

After giving up three fourth-quarter touchdowns, the Farmers (2-2) weren’t able to do enough to win, losing to Ferris (3-1) 49-38. Key Play of the Game: Ferris picks off Gray in the fourth quarter. Farmersville trailed 28-17 midway through the third quarter before...

read more
Lady Farmers win district opener at Terrell

Lady Farmers win district opener at Terrell

In their district opener, the Lady Farmers had the opportunity to prove how special they are. Farmersville (25-1) had one of its best pre-district starts to any season. The Lady Farmers won 18 games in a row, including victories over 5A schools like Greenville and...

read more
Three keys to victory: Farmersville vs Ferris

Three keys to victory: Farmersville vs Ferris

After losing at  Krum, the Farmers hope to get back on track Friday, hosting Ferris. Here are three keys to a Farmersville victory over Ferris: Recapture the pass under Gray Farmersville faces a big offensive challenge against Ferris. Relying on their rushing...

read more
Farmers run in Canton

Farmers run in Canton

The Farmersville cross country team returned to action on Saturday, Sept. 11, running in Canton. As a team, the varsity Farmers finished seventh out of nine schools with 203 total points. Junior Mikey Klemiuk had the best finish, ending up 26th overall out of 70...

read more
Farmers fall on road against Krum

Farmers fall on road against Krum

After falling behind in the first quarter, the Farmers couldn’t find the end zone en route to a 48-15 road loss to Krum Key Play of the Game: Krum recovers fumble near endzone Near the end of the second quarter, Farmersville was driving in opposing territory, trailing...

read more
Remembering 9/11

Remembering 9/11

September 11, 2021 marks the 20th anniversary of the 9/11 terrorist attacks. On September 11, 2001, 19 militants associated with the Islamic extremist group al Queda hijacked four airliners and carried out suicide attacks against targets in the United States. Two...

read more
Lady Farmers win road matchups

Lady Farmers win road matchups

With one week left until district play, the Lady Farmers have established themselves as a top-tier program. Through the first 24 games, Farmersville has one of its best starts to any season. Since losing to Royse City in the first tournament of the year, the Lady...

read more