You might not know yet if your child’s school will be in-person on online this year, but one thing is certain: they are probably going to need some school supplies. The good news is: the annual Ohio Sales Tax Holiday is still on schedule, and it can save you money on your back-to-school shopping.
The Ohio Sales Tax Holiday starts at midnight on Friday, August 7, 2020, and runs through 11:59 p.m. on Sunday, August 9, 2020.
The following items are exempt from sales and use tax during the holiday:
Items used in a trade or business are not exempt under the sales tax holiday.
The Ohio Department of Taxation has provided answers for some sales tax holiday frequently asked questions:
Question: Can multiple qualifying items be purchased in a single tax-exempt transaction? For example, would the purchase of two shirts, two pair of pants, a pair of shoes and a jacket (each item costing $50, total purchase $300) be tax exempt?
Answer: There is no limit on the amount of the total purchase. The qualification is determined item by item.
Question: Does the $75 exemption apply to the first $75 of an item of clothing? In other words, if the selling price of an item of clothing is $80, is the first $75 exempt from sales tax?
Answer: No. The exemption applies to items selling for $75 or less. If an item of clothing sells for more than $75, tax is due on the entire selling price.
Question: Does the exemption apply to mail, telephone, email and internet orders?
Answer: Qualified items sold to consumers by mail, telephone, email, or Internet shall qualify for the sales tax exemption if the consumer orders and pays for the item and the retailer accepts the order during the exemption period for immediate shipment, even if delivery is made after the exemption period. However, if the order and payment were made before the sales tax holiday, even if the item was delivered during the sales tax holiday, it would not qualify for the exemption. Additionally, if an item is backordered and payment does not occur until a later shipment, the item would not qualify for the exemption.
For the full list of The Ohio Department of Taxation’s frequently asked questions, visit: https://tax.ohio.gov/wps/portal/gov/tax/help-center/faqs/sales-and-use-tax-sales-tax-holiday/sales+and-use-tax-sales-tax-holiday