When is the Ohio Sales Tax Holiday?
The Ohio Sales Tax Holiday is an eagerly anticipated event for many residents and shoppers in the state. This annual tax-free shopping period allows consumers to purchase certain items without paying the state’s 6.75% sales tax. The holiday is designed to encourage spending and boost the economy, especially during the back-to-school season. In this article, we will discuss the dates for the upcoming Ohio Sales Tax Holiday and highlight some of the key items that are eligible for tax exemption.
The Ohio Sales Tax Holiday typically takes place during the first full weekend in August. This year, the holiday is scheduled for August 3rd and 4th, 2024. Shoppers will have the opportunity to save on a wide range of items, including clothing, school supplies, and computers. The purpose of the holiday is to make it more affordable for families to purchase essential items for the new school year.
During the Ohio Sales Tax Holiday, most clothing and footwear items are exempt from the state’s sales tax, provided they cost less than $75 per item. This includes both new and used items, as long as they are for personal use. Additionally, certain school supplies are tax-free, such as pens, pencils, notebooks, and backpacks, as long as they are priced under $20.
Computers and computer-related accessories are also eligible for tax exemption during the holiday. This includes desktops, laptops, tablets, and monitors, as well as items like printers, external hard drives, and software. The price limit for computers and accessories is $1,500 per item.
It’s important to note that while the Ohio Sales Tax Holiday offers significant savings on eligible items, there are some exceptions. Items like jewelry, watches, and accessories, as well as motor vehicles, are not included in the tax exemption. Additionally, some local governments may impose their own sales taxes, so it’s always a good idea to check with your local tax office for specific details.
The Ohio Sales Tax Holiday is a great opportunity for families to save money on back-to-school shopping. By taking advantage of this tax-free period, you can ensure that your children are well-equipped for the upcoming school year without breaking the bank. So mark your calendars for August 3rd and 4th, 2024, and start planning your tax-free shopping trip!
