From August 13 to August 19, 2023, Maryland will be having its tax-free week, a whole seven days where shoppers can enjoy a break from the state’s 6% sales tax on eligible purchases. This means that for every $100 spent, customers will save $6. It’s worth noting that the tax holiday in Maryland is longer than the typical back-to-school tax holidays in other states, which usually only exempt items for two or three days. However, unlike some other sales tax holidays, Maryland’s tax-free week does not include electronics or school supplies. Nevertheless, there are still plenty of opportunities for savings. Maryland exempts certain clothing and footwear purchases from sales tax during this week, so shoppers can take advantage of this and save some money. It’s important to familiarize yourself with the specific rules and items that qualify for the exemption. Additionally, if you’re considering layaway, eligible items placed on layaway during the tax holiday will still be tax-exempt, even if the purchase is completed after the tax holiday. If you have any questions regarding eligibility, you can always reach out to the Maryland Comptroller’s office. However, not all types of clothing and footwear are eligible for the exemption. Accessories such as ties, headbands, jewelry, and handbags are still subject to sales tax. Belt buckles, even though belts are exempt, are also taxable when sold separately. So, it’s important to be aware of these exceptions to avoid any surprises when it comes time to pay. Furthermore, certain purchases listed below are not eligible for the exemption. However, if you have coupons, they can help you save money during your shopping trip. Just keep in mind that manufacturer’s coupons that reduce the price of a qualifying item to $100 or less will not make the item eligible for the tax holiday. On the other hand, if a retailer’s coupon brings the price of an item below $100, then it may qualify as tax-exempt. It’s important to consider these rules when using coupons during the tax-free week. Online orders are also included in Maryland’s tax-free week, which can be a great way to save even more money. This is especially beneficial considering Maryland’s high gas taxes. To take advantage of tax-free online shopping, simply order and pay for your items during the sales tax holiday. Additionally, your order must be shipped or accepted for shipment during the period of the tax holiday. Keep in mind that requesting delayed shipment may disqualify your order from being tax-exempt. However, it’s not necessary for your items to be delivered to your home during the tax-free week in order to qualify for the exemption.
2023 Maryland Tax-Free Week Arrives
