Forget the day after Thanksgiving – this weekend is the best weekend to go shopping in Tennessee. Assignment #212 in the 365 Things to Do in Memphis is to stock up on office supplies, clothes and computers during Tennessee's annual sales tax holiday.
Tennessee Tax Free Weekend is Aug. 3 – 5, 2012. For those three glorious days, the 9.25 percent state sales tax is forgiven on certain items.
Here's what you can buy tax free starting Friday:
- School / Office / Art Supplies: School and office supplies that are $100 or less are tax free. This includes (but is not limited to) things like pens, paper, binders, markers, folders, paint, sketchbooks, tape, backpacks and binders. Here's a complete list of exempt items.
- Computers: But only ones that are $1500 or less. You'll still have to pay tax on hard drives, video games, software, smart phones and e-readers. Here's a complete list of exempt items.
- Clothing: As long as it's $100 or less, your clothing purchases are tax free. That includes things like shoes, underwear, and coats. Here's a list of exempt items.
For more information about the 2012 sales tax holiday, consult the Tennessee Department of Revenue.