The back-to-school season is approaching and the states are slowly announcing their tax free weekends for a variety of items to be sold at stores sales tax free. The stores in Tennessee will include certain items sold without the sales tax added on them. The sales tax free weekend mostly includes certain items such as school supplies and some clothing to be sold without sales tax.
There is also a limit on these items. For example, in 2021, Tennessee residents will have the luxury to shop school supplies and clothing for up to $100 sales tax free. Anything on top of the limit will be subject to sales tax. The sales tax rate in Tennessee is 7 percent, meaning that shoppers will save $7 for $100 they spend in a store. While the limit is $100 for school supplies and clothing, the limit is way up to $1,500 for personal use computers, laptops, and tablets. This means shoppers in Tennessee can save $70 to $105 on computers, laptops, and tablets.
When does Tennessee tax free weekend start?
The tax free weekend for school supplies, clothing, and computers will begin on July 30 and end on August 1. Although the tax free weekend is only for one weekend, there are other sales tax free items that are sold in Tennessee.
Sales tax exemption on gun safes and gun safety devices
Not for the weekend but for between July 1, 2021 and June 30, 2022, the state of Tennessee won’t charge sales tax on the sale of gun safes and gun safety devices. The Tennessee Department of Revenue won’t also have a limit on the price sold for these items. You’ll be able to purchase anything related to gun safety without sales tax, with no upper limit. Considering that this will go for about a year, you’ll have plenty of time to save for the gun safety device you have wanted for a long time.