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Tax Free Weekend Tn 2022: What You Need To Know

Tennessee tax free weekend 2022 FOX13 News Memphis
Tennessee tax free weekend 2022 FOX13 News Memphis from www.fox13memphis.com

Tennessee is preparing for its annual Tax Free Weekend for 2022, and shoppers are already getting ready for a weekend of savings. The Tax Free Weekend in Tennessee will take place from Friday, June 3rd to Sunday, June 5th and it’s a great time for shoppers to save money on their purchases. During this time, a number of items can be purchased tax free, including clothing, electronics, and books. If you’re looking to save some money this summer, here’s what you need to know about the Tax Free Weekend in Tennessee.

What Is Tax Free Weekend?

Tax Free Weekend is an annual event in Tennessee that takes place in June. During this weekend, shoppers can save money on a number of items, including clothing, electronics, and books. The items must be purchased in person at a store in Tennessee during the designated weekend and the tax-free savings will be automatically applied at the register. The Tax Free Weekend is a great time to stock up on back-to-school items or purchase summer clothes for the family.

What Items are Tax Free?

During the Tax Free Weekend, shoppers can purchase a number of items tax free. This includes clothing, electronics, and books. Clothing items that are eligible for the tax-free savings include clothing, shoes, and accessories such as hats, scarves, and jewelry. Electronics items such as computers, tablets, and cell phones are also eligible for the tax-free savings. Finally, books, including textbooks, are eligible for the tax-free savings.

How Much Can You Save?

The amount you can save during the Tax Free Weekend in Tennessee depends on the items you purchase and your local sales tax rate. For example, if you purchase a pair of shoes for $100 and your local sales tax rate is 9%, you will save $9 on your purchase. Similarly, if you purchase a laptop for $500 and your local sales tax rate is 9%, you will save $45 on your purchase.

Where Can You Shop?

The Tax Free Weekend in Tennessee is only valid for purchases made in person at stores in the state. Purchases made online, over the phone, or through mail order will not be eligible for the tax-free savings. It is important to note that some stores may choose to not participate in the Tax Free Weekend, so make sure to check with the store before making your purchase.

Are There Any Restrictions?

Yes, there are a few restrictions that shoppers should be aware of before taking advantage of the Tax Free Weekend in Tennessee. The most important restriction is that the items must be purchased in person at a store in the state. Additionally, there is a maximum price for clothing items that can be purchased tax free. The maximum price for clothing items is $100 per item. Any items that exceed this amount will not be eligible for the tax-free savings.

What Else Do You Need to Know?

The Tax Free Weekend in Tennessee is a great opportunity for shoppers to save money on a number of items. It is important to remember that the items must be purchased in person at a store in the state and that there are restrictions on the maximum price of clothing items. Additionally, it is important to check with the store before making your purchase to make sure they are participating in the Tax Free Weekend. Finally, be sure to keep your receipts in case you need to verify your purchases.

Get Ready to Save During Tax Free Weekend in Tennessee

Tennessee’s Tax Free Weekend is a great opportunity for shoppers to save money on a number of items. From clothing to electronics, shoppers can save up to 9% on their purchases during the Tax Free Weekend. Be sure to check with the store before making your purchase and keep your receipts in case you need to verify your purchases. With these tips in mind, you’ll be ready to save this summer during the Tax Free Weekend in Tennessee.