Saturday, October 5

Find out which states give tax benefits for back-to-school purchases


Conoce qué estados dan beneficios fiscales para las compras de regreso a clases
Families will be able to have great savings with this fiscal movement that is being carried out.

Photo: Aurelia Ventura / Real America News

Aware that there is still a state of precariousness in families despite the fact that there is already a notorious economic reactivation, 16 states of the country are undertaking a series of strategies so that citizens can buy what is necessary for their children in the back-to-school framework .

For this reason, the states participating in This strategy are offering tax-free shopping days or weekends . Entities such as Alabama began this support as of 16, along with the others participating states and Puerto Rico. This will be done until the end of this summer.

The objective of this movement is to offer consumers from two days to a week to carry out tax-free shopping so that you have great savings and do not spend too much . This will allow them to equip the minors who are about to return to the classrooms.

Diane Yetter, founder of the Sales Tax Institute, told Yahoo that “this gives consumers a little more value for money ”. The expert added that “people could save between 6% and 9% on clothes and school supplies for the return to school.”

According to the Back to School survey 2021, on average, the cost of items related to back to school will be at least $ 268 dollars per child . Footwear and school supplies are anticipated to be the most important areas of back-to-school costs for families.

For this reason, items such as clothing up to a value of $ 100 will be tax-free per item, computers, computer software, as well as computer components that represent a cost less than $ 750 dollars in a single purchase.

Other items that will not have any type of tax from a cost of $ 50 dollars are basic school supplies, coupled with this, books with a lower cost of $ 30 dollars per unit will also not have a tax when it is paid .

The participating states that will apply the tax exemption to the articles are headed by Alabama, Iowa, Connecticut, Maryland, Massachusetts, Mississippi, Missouri, Nue vo Mexico, Ohio, Oklahoma, South Carolina, Puerto Rico, Tennessee, Texas, Virginia and West Virginia.

Although there are a general list with the items that will not have a tax charge, in some entities there is the possibility that more are included. This will depend on the participating stores and the agreements that have been reached with the state governments.

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