It may feel like the start of school is miles away, but in reality there is less than a month before students head back to school. This means it’s time to get into some back-to-school shopping! With inflation on the rise, being resourceful this back-to-school shopping season is important. One valuable resource to take advantage of is the annual Ohio Sales Tax Holiday for Back-to-School shopping!
For 2022, this tax-free holiday takes place from Friday, August 5th – Sunday, August 7th.
Below is what is included in this tax-free holiday:
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Clothing and shoes priced at $75 per item or less. Items over $75 will have the standard sales tax applied to the entire price of the item. (Note: items that are worn for specific sports or recreation are not included, such as ballet/tap shoes, football/baseball cleats, sport specific gloves, etc.)
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School supplies priced at $20 per item or less (see qualifying list below)
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School instructional material priced at $20 per item or less
Items not included are most accessories, protective equipment, sewing supplies, sports and recreation equipment or sports-specific clothing, or items specific to a trade or business.
For more information regarding the sales tax holiday, please refer to the Department of Taxation’s Sales Tax Holiday Frequently Asked Questions on their website.
Always be on the look out for discounts as well! There are plenty of great deals you can find from local suppliers that will help you get the supplies you need while remaining within your budget.
If you are looking for additional financial assistance this Back-to-School season, CES Credit Union is now offering our annual Back-to-School loan promotion! We know that investing in your child’s education can be costly, so let us help cover the costs of supplies, clothes, electronics and more with a Back-to-School Loan! This limited time offer runs until September 2, 2022. Come in and speak with a CES Credit Union representative or visit www.cescu.com to learn more!