3 Ways to Save During Ohio’s Back-to-School Sales Tax Holiday– July 29, 2016 by Hannah Prengler

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As it did last year, the state of Ohio will offer a sales tax holiday weekend for back-to-school shopping. BeginningFriday, August5th(starting at 12:00 a.m.) through Sunday, August7th(until 11:59 p.m.), individuals can purchase items in the following three categories without being charged any Ohio sales or use tax:

1. Clothing ($75/item or less)

2.School supplies ($20/item or less)

3.School instructional materials ($20/item or less)

The state has compiled a detailed Q&A section for more information about the tax holiday, but below are the definitions of each category:

Items of clothing. These include, but are not limited to, shirts; blouses; sweaters; pants; shorts; skirts; dresses; uniforms (athletic and nonathletic); shoes and shoe laces; insoles for shoes; sneakers; sandals; boots; overshoes; slippers; steel-toed shoes; underwear; socks and stockings; hosiery; pantyhose; footlets; coats and jackets; rainwear; gloves and mittens for general use; hats and caps; ear muffs; belts and suspenders; neckties; scarves; aprons (household and shop); lab coats; athletic supporters; bathing suits and caps; beach capes and coats; costumes; baby receiving blankets; diapers, children and adult, including disposable diapers; rubber pants; garters and garter belts; girdles; formal wear; and wedding apparel.

School supplies. These include onlybinders; book bags; calculators; cellophane tape; blackboard chalk; compasses; composition books; crayons; erasers; folders (expandable, pocket, plastic, and manila); glue, paste, and paste sticks; highlighters; index cards; index card boxes; legal pads; lunch boxes; markers; notebooks; paper; loose leaf ruled notebook paper, copy paper, graph paper, tracing paper, manila paper, colored paper, poster board, and construction paper; pencil boxes and other school supply boxes; pencil sharpeners; pencils; pens; protractors; rulers; scissors; and writing tablets.

School instructional materials. These include only reference books; reference maps and globes, textbooks and workbooks.

Keep in mind that if you purchase items for use in a trade or business, those items will be subject to sales tax. If the retailer does not collect sales tax at the time of purchase, you will need to report and pay the appropriate use tax on the items.

The state is offering the holiday as a way to help consumers with their back-to-school shopping. Take advantage while it lasts!

We want to hear from you! We encourage you to comment below on this blog post, share it on social media or contact Hannah Prengler at hprengler@cohencpa.com or a member of your service team for further discussion.

 

Cohen & Company is not rendering legal, accounting or other professional advice. Any action taken based on information in this blog should be taken only after a detailed review of the specific facts and circumstances.