What is the Illinois Sales Tax Holiday?
The Illinois Sales Tax Holiday, also known as the Back-to-School Sales Tax Holiday, is an annual event where Illinois residents can purchase qualifying school supplies, clothes, and computers without paying any sales tax. The event usually takes place in the first week of August, just in time for the back-to-school shopping rush.
When is the Illinois Sales Tax Holiday in 2019?
The Illinois Sales Tax Holiday will take place between August 9th and August 11th, 2019. During this time, eligible items will be exempt from both state and local sales tax.
What items are eligible for the Illinois Sales Tax Holiday?
During the Illinois Sales Tax Holiday, a variety of school-related items are exempt from sales tax. Eligible items include:
- Clothing and footwear priced at $100 or less per item
- Computers and tablets priced at $750 or less
- School supplies, including textbooks, priced at $100 or less per item
Note that the exemption only applies to eligible items that are purchased for personal use, not for business or commercial purposes.
What items are not eligible for the Illinois Sales Tax Holiday?
Not all items are eligible for the Illinois Sales Tax Holiday. Some items that are not eligible include:
- Any individual item of clothing or footwear priced over $100
- Computers and tablets priced over $750
- Computer software
- Video game consoles and accessories
- Cell phones and accessories
Additionally, any non-qualifying items that are purchased during the Sales Tax Holiday will be subject to the usual state and local sales tax rates.
Where can I find more information about the Illinois Sales Tax Holiday?
For more information about the Illinois Sales Tax Holiday, including a list of frequently asked questions, visit the official website of the Illinois Department of Revenue. You can also find information about eligible and non-eligible items on their website.
Conclusion
The Illinois Sales Tax Holiday is an excellent opportunity for residents to save money on back-to-school shopping. By taking advantage of the exemption and purchasing eligible items during the Sales Tax Holiday, you can save a significant amount of money on school supplies, clothing, and computers. So mark your calendar for August 9th to August 11th, 2019, and start making your back-to-school shopping list today!