Maryland’s Tax-Free Week: Back-to-School Shopping Bonanza with Online Deals!
Maryland tax-free week (August 13-19) offers savings on back-to-school clothing and footwear, online purchases included. Certain items remain taxable, unlike neighboring regions with discontinued tax sales.
Maryland’s upcoming tax-free week (August 13-19) promises significant savings on a wide range of clothing and footwear, benefiting parents with back-to-school shopping. (PHOTO: Rocket City Mom)
Maryland’s Tax-Free Week Promises Back-to-School Bargains for Residents
Maryland residents can gear up for some budget-friendly back-to-school shopping as the state’s highly anticipated tax-free week is set to take place from August 13 to 19. This annual event has been a boon for parents since its inception in 2010, providing substantial savings on clothing and footwear purchases for their children. The Comptroller of Maryland Taxes specifies a comprehensive list of items eligible for tax exemption, encompassing a wide range of clothing and footwear, such as sweaters, shirts, slacks, jeans, dresses, robes, underwear, belts, shoes, and boots.
According to reports, shoppers need to keep in mind that the items they purchase must be priced at $100 or less to avail the tax break. Additionally, the first $40 spent on a backpack or bookbag will also be eligible for tax-free status. However, it is essential to note that certain accessories, including jewelry, watches, watchbands, handbags, handkerchiefs, umbrellas, scarves, ties, headbands, and belt buckles, will still be subject to taxation. Furthermore, specialized protective clothing designed for specific uses, rather than regular wear, will not qualify for the tax holiday.
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Maryland’s Tax-Free Week Embraces Online Shoppers; Neighboring States Vary in Approach to Tax Savings
For those who prefer online shopping, there is good news. According to NBC Washington, Maryland allows online purchases during the tax-free week, as long as the transaction is completed, and the item is delivered to the customer within the designated holiday period. However, it is crucial for consumers to ensure they meet the necessary criteria to benefit from this tax exemption.
In contrast to Maryland’s ongoing commitment to providing this financial respite for families, neighboring regions like Washington, D.C., and Virginia have taken different approaches. While both D.C. and Virginia previously had their own tax-free holidays, the former decided to end this money-saving event in 2019. More recently, Virginia lawmakers passed an appropriation act that completely discontinued all tax sales in the state as of July 1, 2023, as reported. Nevertheless, Maryland’s tax-free week continues to be a much-anticipated occasion for families to stock up on back-to-school essentials while keeping their wallets happy.
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