In case you didn’t know, Ohio is having a back-to-school “sales tax holiday” this weekend! There has been a tremendous amount of interest surrounding this event, although there are some questions surrounding it and exactly how this tax holiday will work. First let’s look at the basics.
The Basics of Ohio’s Sales Tax Holiday
- WHEN: Friday August 7, 2015 (12:01 am) through Sunday August 9, 2015 (11:59 pm).
- WHERE: In stores and online where qualified items are sold.
- WHAT: A one-time sales tax holiday. During these three days, the following items will be exempt from the combined state and local sales and use tax:
- Clothing priced at $75.00 per item or less;
- School supplies priced at $20.00 per item or less; and
- School instructional material priced at $20.00 per item or less.
Common Questions Regarding the Sales Tax Holiday
As with any special event, there are going to be specific questions that need to be answered. Here are some of the more common inquiries.
Q: When will this happen again?
A: This is a one-time event. In order for a sales tax holiday to happen again, a new state law would have to be passed.
Q: Are there limits on how much I can purchase?
A: As long as it satisfies the above eligibility criteria, there is no limit for how much you can purchase.
Q: What about online purchases?
A: Yes, as long as you live in Ohio, eligible online purchases are tax-free. When buying in-store, both in-state and out-of-state consumers can enjoy the holiday.
The official Ohio Department of Taxation release can be read in its entirety by clicking here. If you have any other questions regarding this special sales tax holiday weekend, give our office a call at 419.629.3494. Happy shopping!