You don’t have to be going back to school to take advantage of the savings offered by many states’ tax-free holidays. Six states are waving taxes, not just on school supplies and clothing but for computer purchases as well--from August 5 to August 7. If you’ve been holding off on that new laptop, this weekend may be an ideal time to buy.
Taxes on expensive items like computers can be significant. In Tennessee, where sales tax rates are highest at 9.35%, you’ll have to pony up $140.25 for taxes on a $1,500 computer purchase--unless you buy the computer between now and August 7.
Here are the states and maximum cost (per item) for computer tax savings (source: Bargain Jack):
Alabama: Up to $750 per computer purchase. In addition to computer systems, this can also include software, printers, and other computer supplies, as long as they’re not typically used for recreation (e.g., that gaming wheel might not pass).
More info for Alabama
Missouri: Up to ...
Continue reading article @ PC Worldby Melanie Pinola
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