Iowa’s Tax-Free Weekend is this Friday, August 3rd and Saturday, August 4th. Many back-to-school shoppers will gear up for another school year by purchasing supplies, clothing, and other school essentials. Iowa’s Tax Free Weekend only applies to the sale of certain apparel and footwear. Below are a few tips to take advantage of during Tax-Free Weekend.
Make a List
Be prepared! Figure out which clothing and footwear items your child(ren) need. Most classrooms or teachers provide a ‘What Your Student Needs’ shopping list for the year’s school supplies, which could include clothing.
Make a Plan
Do your homework and know which stores you plan to purchase items at. This will save you time and money by comparison shopping. You can also try to beat long lines by shopping in the morning versus going in the middle of the afternoon.
Capitalize Your Savings
While doing your homework and making a shopping plan, look for additional savings with the use of in-store coupons or sales. Some stores offer store credit or cash back options with a minimum purchase, use those offers to your advantage to save even more.
No sales tax, including local option sales tax, will be charged on the sale of clothing or footwear with an individual price less than $100. This means the exemption does not apply to a single piece of clothing or pair of shoes that has a price tag over $100.
For a full list of tax exempt items, visit the State of Iowa’s website.
Use your Hills Bank Debit Card to earn Classroom Cash for your school! To learn more or sign-up for your favorite school, visit HillsBank.com/ClassroomCash.
Do you have any Tax-Free Weekend shopping tips? If so, let us know in the comments below!