What You Need to Know about Florida’s Tax-Free Holiday
If you’re the parent of a school-aged child, you know that another school year is already upon us, which means it’s time for back-to-school shopping. While that can be stressing to your wallet, Florida’s sales tax holiday is sure to help.
Florida’s 2017 sales tax holiday kicks off at 12:01 a.m. on Friday, Aug. 4 and lasts until 11:59 p.m. on Sunday, Aug. 6. Floridians are expected to save more than $33 million in taxes by shopping for qualifying items this weekend.
School supplies, clothing, shoes and computers are on the list of items eligible for the tax-free “discount.” However, there are some limitations on what exactly you can buy from that pool of items. Here are some examples of what you can purchase to take advantage of Florida’s sales tax holiday:
- Clothing, footwear and some accessories up to $60 each
- Most school supplies up to $15 each
- Computers and some computer-related accessories up to $750 each
Computers made the cut again in 2017 after legislators left them off of the list last year. Other items such as tablets, printers and keyboards may also be eligible.
There are a few ways you can maximize the value and convenience of the tax-free weekend. One way to avoid the crowds is to shop online, as the break extends to most Florida merchants. If you choose to purchase your supplies online, you can cut out shipping costs by utilizing in-store pick-up, which is available at several major retailers.
Many stores have discounts or rebates on top of your tax-free savings. It’s not quite Black Friday, but you can save a little more by keeping an eye out for additional sales. Lastly, consider rewards programs, coupons and discount apps to maximize your savings.