NOT ONE BUT TWO TAX FREE HOLIDAYS COMING UP IN 2020 IN TENNESSEE
Usually we see a tax free holiday in late July to early August. But this year, there will be two.
The first tax-free holiday will be July 31 until August 2, 2020.
What will be tax free during this period?
Clothing:
- General apparel that costs $200 or less per item, such as shirts, pants, socks, shoes, dresses, etc.
School supplies:
- School and art supplies with a purchase price of $200 or less per item, such as binders, books, backpacks, crayons, paper, pens, pencils, and rulers, and art supplies such as glazes, clay, paints, drawing pads, and artist paintbrushes.
Computers and other electronics:
- Computers with a purchase price of $3,000 or less. This includes laptops, tablets, smartphones, and electronic readers
The second tax free weekend is set for August 7 – 9, 2020 and is different from the first. On that weekend, the retail sale of food and drink by restaurants and limited service restaurants is exempt from being taxed.