Tax Free School Supply Holiday
This year, families will get to save some money as the State has announced a tax holiday for school supplies purchased from August 27 to September 5. The tax holiday applies to many school necessities bought in-person and online and includes selected computers, electronics, sports equipment and art supplies. Added savings for the business offers now available on the LBI Mobile Savings Pass. If you are a consumer or member business, its free, get the details here!
Retail sales of the following items are exempt from tax during the 10-day Sales Tax Holiday per the State website:
- Certain Computers
Computers with a sales price less than $3,000. “Computers” means electronic devices that accept information in digital or similar form and manipulate it for a result based on a sequence of instructions. “Electronic” means related to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. Computers with a sales price greater than or equal to $3,000 remain subject to tax during the Sales Tax Holiday.
- School Art Supplies
“School art supplies” means items commonly used by a student in a course of study for artwork. School art supplies includes the following:
- School Computer Supplies
“School computer supplies” with a sales price less than $1,000. “School computer supplies” means items commonly used by a student in a course of study in which a computer is used. Retail sales of school computer supplies with a sales price greater than or equal to $1,000 remain subject to tax during the Sales Tax Holiday. School computer supplies includes the following:
- School Instructional Materials
“School instructional materials” means written materials commonly used by a student in a course of study as a reference to learn the subject being taught. School instructional materials includes the following:
- School Supplies
“School supplies” means items commonly used by a student in a course of study. School supplies includes the following:
- Sport or Recreational Equipment
“Sport or recreational equipment” means items designed for human use and worn in conjunction with an athletic or recreational activity that are not suitable for general use. Sport or recreational equipment includes, but is not limited to, the following: