TAX-FREE SAVINGS SPREE
For 2020 only, the Tennessee General Assembly has approved two separate sales tax holiday weekends. During these weekends, certain goods may be purchased tax free.The first tax-free holiday weekend focuses on clothing and other back-to-school items. Friday, July 31 – Sunday, August 2. During this time, clothing, school supplies, and computers and other qualifying electronic devices may be purchased tax-free. Certain price restrictions apply. Exempt items sold online are also eligible. Items must be purchased for personal use, not for business or trade.
The second tax-free holiday weekend focuses on restaurant sales. Friday, August 7 – Sunday, August . During this time, the retail sale of food and drink by restaurants and limited service restaurants, as defined in Tenn. Code Ann. § 57-4-102, is exempt from sales tax.
General apparel that costs $200 or less per item, such as shirts, pants, socks, shoes, dresses, etc.
Apparel items priced at more than $200, Items sold together, such as shoes, cannot be split up to stay beneath the $200 maximum, Items such as jewelry, handbags, or sports and recreational equipment.
School and art supplies with a purchase price of $200 or less per item, such as binders, books, backpacks, crayons, paper, pens, pencils, and rulers, and art supplies such as glazes, clay, paints, drawing pads, and artist paintbrushes.
Computers for personal use with a purchase price of $3,000 or less, Tablets, smart phones and electronic readers with a purchase price of $3,000 or less, Televisions and video game consoles with a purchase price of $3,000 or less.
For more details on what is Tax Free, visit the TN Department of Revenue website here. Subject to change.