A guide to Massachusetts sales tax exemptions this weekend, August 10-11, 2024
Things you need to know to save money. Sales Tax Weekend. Think big, but not too big. You can’t save on taxes on cars or anything over $2,500. But what about that expensive piece of jewelry you’ve been putting off fixing? Now might be your chance to save a ton on sales tax. 6.25%. One gentleman had his mother’s diamonds re-set in a beautiful pendant in white gold. It was $1,800. He calculated he saved about $112 in sales tax. That’s nice. Not bad. You can go to dinner with that money. Massachusetts Sales Tax Weekend might be the biggest sale day of the year for furniture and appliance stores. When we built our house about 7 years ago, we bought all our appliances on Sales Tax Weekend and saved a ton of money. It was a big win for us. Stores will automatically waive the 6.25% sales tax from your receipts. That’s a nice discount for back-to-school shopping. Art supplies, perhaps thousands of dollars, and clothing, perhaps hundreds of dollars, are tax-free up to $2,500, as are school supplies. Normally, Beauty Lin Couture in Braintree only offers tax-free up to $175. The displays are ready to tempt anyone who compares this weekend to the November shopping boom. Right before Black Friday is the best time to buy electronics and fitness watches, as you know them. I just bought them. I wish I had waited longer. What is not exempt from sales tax on Saturday and Sunday? Motorboats, communication services like cell phone bills. Taxes will remain. Gasoline, marijuana products, and alcohol restaurants are exempt. But you can still save by shopping online.
A guide to Massachusetts sales tax exemptions this weekend, August 10-11, 2024
Updated: August 9, 2024, 9:20 PM EDT
This weekend, parking lots outside stores are expected to be packed as Massachusetts waives sales tax on many purchases. The state’s 6.25% sales tax is not collected on Saturdays and Sundays on most personal purchases up to $2,500. Despite significant inflation in recent years, this maximum price cap has remained unchanged since the state first implemented the sales tax exemption 19 years ago. According to the inflation calculator, that amount in 2004 is now equivalent to just over $4,000. The Massachusetts sales tax exemption went from tradition to legal mandate with the passage of a law in 2018. The tax break only applies to items purchased for personal use, not purchases by or for businesses. It also does not apply to items valued at more than $2,500, and does not apply to layaway sales. The list of items that are not covered: meals, automobiles, motorboats, communication services, gas, vapor, electricity, tobacco products, marijuana or marijuana products, alcoholic beverages, and any item with a price of more than $2,500. For more information, state officials have this guide .
Parking lots outside stores are expected to be busy this weekend because Massachusetts residents are exempt from sales tax on many purchases.
The state’s 6.25% sales tax is waived on Saturdays and Sundays on most personal purchases up to $2,500.
Despite significant inflation in recent years, the maximum price cap has remained unchanged since the state first instituted the sales tax exemption 19 years ago. Inflation calculations show that in 2004, that amount would be the equivalent of just over $4,000 today.
The Massachusetts sales tax exemption went from tradition to legal requirement with the passage of a law in 2018.
The tax break only applies to items purchased for personal use, not to purchases by or for businesses, and does not apply to items over $2,500 or sales on layaway.
List of excluded items:
- meal
- car
- Motorboat
- Communication Services
- gas
- steam
- electricity
- Tobacco products
- Marijuana or marijuana products
- Alcoholic drinks
- Any single item priced at more than $2,500
State officials have provided further details. This guide was created.
