Tennessee’s annual tax-free weekend is under way and there are three different sales tax holidays.
Tennessee’s traditional sales tax holiday began at 12:01 a.m. Friday, July 30, and will end at 11:59 p.m. Sunday, Aug. 1 giving shoppers three days to enjoy tax-free savings. During the sales tax holiday, school supplies, clothing and computers can be purchased tax-free.
Certain restrictions apply. For example, apparel items priced over $100 are not tax exempt and school and art supplies individually priced over $100 are not exempt. Computers that are $1,500 or less are tax free and laptops and tablet computers also qualify.
Online items are also eligible as long as they meet the requirements.
The second sales-tax holiday is for food, food ingredients, and prepared food. This began at 12:01 a.m. on Friday, July 30 and will end Thursday, Aug. 5 at 11:59 p.m. This includes sales of prepared food by restaurants, food trucks, caterers, and grocery stores. Alcoholic beverage sales are not included in the tax exemptions.
The third tax-free holiday has already gone into effect and lasts nearly a year. From July 1, 2021 to June 30, 2022 gun safes and gun safety devices sold at retail stores are exempt from taxes. A gun safe is defined by any locking container or enclosure equipped with a locking device intended to store firearms.
Tax-free weekend is right before school classes resume and is a great time for parents and children to get their school supplies and back-to-school clothes.