The Ohio Sales Tax Holiday this year will run from July 30 to August 8. This tax-free time lasts for ten days. Tax breaks are available for clothes, shoes, and school materials. You can use items that cost $500 or less.
Ohio Tax-Free Weekend 2024
In the past, Ohio has let people buy some things without having to pay sales tax for three days. This year, the Ohio tax break has been added to ten days. It is the goal of this sales tax holiday to help families buy school materials, clothes, and other things their kids will need for the next school year.
During the sales tax holiday, you can buy things in person or online without paying tax.
The 2024 Ohio sales tax holiday will begin at midnight on July 30, 2024, and end at 11:59 p.m. You don’t have to pay sales tax in Ohio on Thursday, August 8. This longer holiday is good for up to $500 worth of eligible things bought in person or online.
What items are eligible for tax exemption?
- Clothing and Shoes: All tangible personal property that has to do with clothing and shoes is qualified. If you’re shopping for back-to-school clothes or just want to update your clothing, these purchases are not taxed.
- Things for school and learning materials:
Some things, like school materials, textbooks, notebooks, pens, and pencils, are no longer taxed. There are also teaching tools that are needed for the school that are included. - Price Limit: Unlike previous years, there is no set price limit on things that are eligible. You don’t have to pay taxes on things that cost $500 or less.
Don’t forget that the tax break works for purchases made in person and online. Still, it doesn’t cover services, cars, boats, alcoholic drinks, tobacco, vapor products, or goods that contain marijuana.
Are there any limitations or exclusions during this period?
The 2024 Ohio Sales Tax Holiday has a lot of good points, but there are also some things that it doesn’t cover:
- Items That Don’t Qualify: The tax exemption doesn’t apply to all items. These include services like dry cleaning or repairs, boats, cars, alcoholic drinks, tobacco products, vapor products, marijuana-containing items, and more.
- Price Limit: The maximum price for things that are eligible has been raised to $500. However, any item that costs more than this amount will not be eligible for tax exemption.
- Online Shopping: The tax break applies to both in-person and online shopping. If you buy something online, though, you have to place your order during the tax-free time for it to count. It doesn’t matter what date the order was placed; what counts is the date it was placed.
Don’t forget to read the Ohio Department of Taxation’s specific rules to make sure you follow them and save as much money as possible during this tax-free time
Also see:-Tax-Free Weekend 2024 Alabama – Important Date & Eligible Items!
Who is eligible for Ohio tax-free weekend 2024?
In 2024, people must meet the following standards in order to be eligible for Ohio’s tax-free weekend:
- The people must live in Ohio or be citizens of Ohio. People who don’t live in the country can’t get the tax break.It’s not open to tourists or short-term guests.
- People who are interested must have at least one child.
- The age limit is not set in stone. The tax-free time is good for both adults and children. College students and parents of school-age kids can both shop and save money.
- The child has to go to school.
- The child has to live with you.
- To be eligible, you must spend less than the Ohio tax-free weekend cap.
What are some tips for making the most of the tax-free weekend’s savings?
If you want to save the most money during the 2024 Ohio Sales Tax Holiday, here are some things you can do:
- Plan Ahead: Make a shopping list of the things you need to buy in advance. Focus on clothing, footwear, and school supplies. Research prices beforehand to ensure you’re getting the best deals.
- Eligible Items First: Start by purchasing eligible items. These include clothing, shoes, and school supplies. Remember that the tax exemption applies to both in-store and online purchases.
- Combine Discounts: Look for additional discounts or coupons offered by retailers during the tax-free period. Stack these discounts with the tax exemption for even greater savings.
- Consider price limit: While there’s no specific price limit for eligible items, keep the $500 threshold in mind. If an item exceeds this amount, you’ll pay sales tax on the excess.