If you’re a savvy shopper in Ohio, you may already know about the annual tax-free weekend. During this weekend, shoppers can enjoy savings on eligible items by avoiding sales tax. Whether you’re a student preparing for back-to-school season or a parent stocking up on clothes for your growing children, tax-free weekend is a great opportunity to save money. In this article, we’ll explore when tax-free weekend in Ohio takes place, what you can buy tax-free, and how you can maximize your savings during this shopping event.
Mark your calendars for tax-free weekend: Everything you need to know
In 2021, Ohio’s tax-free weekend will take place from August 6th to August 8th. During this time, eligible items can be purchased tax-free, including:
- Clothing priced at $75 or less per item
- School supplies priced at $20 or less per item
- School instructional materials priced at $20 or less per item
It’s important to note that not all items are eligible for tax-free status. For instance, items used in a trade or business, items priced over the eligible threshold, and sports or recreational equipment are not included in tax-free weekend.
While tax-free weekend can result in significant savings, there are limits to the amount of savings a shopper can enjoy. For instance, if you are buying a single item priced at $80, only the first $75 of that purchase will be tax-free. Additionally, items purchased online during tax-free weekend may still be subject to local taxes.
Maximizing your savings during Ohio’s tax-free shopping event
If you’re looking to get the most out of tax-free weekend, there are some tips and strategies you can use. First and foremost, planning is key. Start by making a list of the items you need to buy and setting a budget for those purchases. This will help you avoid impulse buying and ensure that you stay within your spending limits.
You should also do some research before you hit the stores. Look for promotions and deals on items you need, and consider signing up for store newsletters to stay in the loop on any potential discounts. Finally, consider stacking savings by using coupons or other promotions in conjunction with tax-free weekend. This can help you maximize your savings and get the most bang for your buck.
5 unexpected items you can buy tax-free during Ohio’s shopping event
While many shoppers know that clothing and school supplies are tax-free during this event, there are other items that are eligible too. Here are a few lesser-known items that can be purchased tax-free during Ohio’s tax-free weekend:
- Diapers and baby clothes: Clothing and diapers for young children are covered during tax-free weekend, so new parents can stock up on these essentials.
- Textbooks: College students can enjoy tax-free purchases on textbooks, which can often be expensive.
- Art supplies: Artistic supplies such as sketch pads, paint, and canvases are eligible for tax-free status.
- Computer and electronic accessories: Items such as keyboards, mice, and speakers are tax-free during this weekend, which can be an excellent opportunity to upgrade your tech accessories.
- Ballet shoes: Believe it or not, ballet shoes are eligible for tax-free status during this weekend, so if you have a budding ballerina in your life, be sure to take advantage!
By taking advantage of these lesser-known tax-free items, you can save even more money during tax-free weekend.
Avoiding pitfalls and getting the most out of Ohio’s tax-free shopping event
While tax-free weekend can be a great opportunity to save money, there are some common pitfalls to avoid. One common mistake is impulse buying. To avoid this, it’s important to plan ahead and make a list of the items you need before hitting the stores, as mentioned earlier. Additionally, some stores may advertise misleading sales during tax-free weekend. Be sure to do your research and make sure you’re getting the best deal before making a purchase.
Another mistake shoppers might make during tax-free weekend is overlooking items that are already on sale. Be sure to check for sale items and clearance racks during this event, which can lead to even greater savings.
Why Ohio’s tax-free weekend is a great time to support local businesses
Shopping local can have a significant impact on the community, as it helps support small businesses and stimulates economic growth. During tax-free weekend, shoppers can make a difference by spending their money at local businesses that are participating in this event. One way to find local businesses participating in tax-free weekend is to check with local chambers of commerce, which often keep lists of participating businesses.
When shopping at local businesses, there are a few considerations to keep in mind. First, be sure to check if the store is participating in tax-free weekend before making a purchase. Second, keep in mind that prices at local businesses may be higher than at big-box retailers, so be prepared to pay a little more for the same items. Finally, consider using this opportunity to try a new local business, as it can be a great way to discover new shops and support your community.
Ohio shoppers set to save big during upcoming tax-free weekend
If you’re wondering how much of an impact tax-free weekend can have on Ohio’s economy, the numbers are impressive. According to the Ohio Council of Retail Merchants, tax-free weekend can result in an estimated $16 million in sales per year. This can be a significant boost for Ohio’s economy, which is why it’s important to shop smart and take advantage of this event.
One way that shoppers can help contribute to this economic impact is by shopping at local businesses, which we’ve already mentioned can benefit from tax-free weekend. Additionally, shoppers can look for ways to maximize their savings, as discussed earlier in this article.
Ohio’s tax-free weekend is a great opportunity to save money on eligible purchases, from clothing to school supplies and more. By planning ahead, taking advantage of coupons and promotions, and shopping smart, shoppers can maximize their savings during this event. Additionally, shopping at local businesses can benefit the community and contribute to Ohio’s economy.