Florida back-to-school sales tax holiday details revealed
It's never too early to be thinking about the upcoming school year; that is, back-to-school shopping. Florida's five-day school sales tax holiday falls on August 2 through August 6, 2019.
This sales tax holiday period allows residents to shop for certain supplies without sales or local option tax. This applies to clothing, footwear and other accessories that each sell for $60 or less. In addition, certain school supplies costing $15 or less per item, and personal computer and accessories selling for $1,000 or less per item, apply to the holiday.
However, the holiday does follow a set list of rules when it comes to what is and isn't tax deductible. This includes any items that cost more than the allowed price, stated above. Rentals or repairs do not apply to the holiday, nor the sales of any items for entertainment purposes.
Articles normally sold as a unit are not eligible for the sales tax exemption. Items that are sold in sets, as a combination of eligible and non eligible items, will be subject to sales tax as a whole.
Purchases made with a gift card qualify for the exemption. However, if a gift card is purchased during the sales holiday period, purchases made with it after will not ensure tax exemptions. In addition, if one chooses to exchange an item that was purchased without sales tax during a later time, no tax will be due on the exchange. If a return takes place and a new item is purchased, then sales tax will be applied.
It is important to note that qualified businesses may choose not to participate in the sales tax holiday. Those who choose to opt out of the tax-free week must send a written notice to the Florida Department of Revenue by August 1.
A complete list of eligible items is available at floridarevenue.com.