Sales tax holiday is more than back-to-school items

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Online purchases of qualifying items are also tax-exempt during the sales tax holiday.

South Carolina, however, has continued with the annual weekend since it started in the early 2000s - and now it attracts many shoppers from North Carolina.

During this time, the following items will be exempt from sales and use tax: clothing priced $75 per item or less, school supplies priced $20 per item or less and school instructional material priced $20 per item or less. There's no sales tax charged if the clothing and accessories you buy cost less than $60 per item.

It will run from midnight August 3 to 11:59 p.m.

The tax rate varies as each jurisdiction takes its share on top of the state's 5.129 percent.

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For five days Wisconsin is eliminating its sales tax on select items and stores are preparing to be busy. In 2017, the group said, 16 states conducted sales tax holidays. This is also the bill that provided the new $100 per child tax rebate in 2018.

According to offers.com, items that don't qualify under tax-free purchases include include watches, jewelry, umbrellas, handkerchiefs, sporting equipment, and any special clothing or footwear designed primarily for athletic activity or protective use, and not usually considered appropriate for everyday wear.

On the list this year are school uniforms, dresses, pants, shirts, sneakers and leather shoes.

But lawmakers could seek to reinstate the sales tax holidays before then beginning in next year's Regular Session. "Governor Walker and the Wisconsin State Legislature have determined that some of that surplus should be returned to taxpayers in the form of a sales tax holiday".

The study also found that OH counties that border other states experienced a 15.48 percent increase in sales tax collection, leading to the conclusion that many out-of-state families traveled to OH to take part in the tax holiday. So it definitely can help them save a little bit of money.

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