Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Crime
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • Axios Dallas

    Texas tax-free weekend is Aug. 9-11. Here's what to know.

    By Naheed Rajwani-DharsiTasha Tsiaperas,

    8 days ago
    https://img.particlenews.com/image.php?url=3fmq9g_0urUjrN200

    Procrastinators rejoice! Texas' tax-free weekend starts Friday, meaning there's still time to do some back-to-school shopping.

    Why it matters: Saving on sales taxes this weekend can make a big difference for parents.


    • North Texas parents will spend an average of $885 per child on clothing and school supplies this year, well above the national average of $586, per a recent Deloitte survey .

    The big picture: The statewide sales tax holiday covers most clothing, footwear, school supplies and backpacks.

    • Shoppers could save up to $8.25 per item.

    How it works: Texas' tax-free savings cover in-person and online shopping, per the state comptroller's office.

    • Clothing, backpacks and school supplies have to be under $100 to be tax-exempt, and delivery and transportation charges are counted as part of the total sales price.
    • Coupons can help bring down the cost. If a pair of shoes is listed for $110 but a customer has a coupon for $20 off, they don't have to pay sales tax because the final price is $90.

    The big picture: Back-to-school shopping in the U.S. is expected to reach $31.3 billion this year, slightly down from $31.9 billion last year.

    Zoom in: Dallas-area parents expect to spend more this year on school supplies and new clothing, in part due to higher prices, per the Deloitte survey.

    • Dallas-Fort Worth prices are about 5% higher this year compared to last, according to the most recent inflation report .
    • 9 out of 10 D-FW parents surveyed said they plan to enroll their kids in extracurriculars, per Deloitte. The parents will spend an average of $691 annually on the activities, higher than the national average of $582.
    • Yes, but: Households earning less than $50,000 are less likely to enroll their children in extracurricular activities, and they plan to spend about $337 a year.

    Zoom out: Teachers are also stocking up on school supplies. More than 90% of Texas teachers report spending their own money on school supplies, per the Houston Chronicle .

    • Texas educators spend an average of $1,396 per school year on their classroom, higher than the national average of $915, per a survey conducted by CouponBirds .

    Be smart: Check the Texas comptroller's guidelines for tax-free weekend before you start shopping.

    • The tax savings end Sunday night.

    The bottom line: Tax-free weekend is a good time for parents and children to brush up on their math skills before school starts again.

    Sign up for Axios Dallas for free.

    Expand All
    Comments / 0
    Add a Comment
    YOU MAY ALSO LIKE
    Local Texas State newsLocal Texas State
    Most Popular newsMost Popular

    Comments / 0